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Commercial Loan Assistant

The Equus Group

Chicago (IL)

On-site

USD 65,000 - 75,000

Full time

30+ days ago

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Job summary

Join a well-established real estate company as a Loan Assistant, where you will play a crucial role in facilitating smooth and efficient loan processes. This dynamic position involves assisting loan officers, managing client documentation, and ensuring compliance with regulations. With a focus on exceptional customer service, you will be part of a dedicated team committed to helping individuals and families achieve their homeownership dreams. If you thrive in a fast-paced environment and have a passion for real estate, this opportunity is perfect for you.

Qualifications

  • Bachelor's degree preferred; experience in real estate or lending is a plus.
  • Strong organizational and communication skills are essential.

Responsibilities

  • Assist loan officers in processing residential and commercial loans.
  • Collect and organize documentation from clients and ensure compliance.
  • Monitor the loan pipeline and provide exceptional customer service.

Skills

Organizational Skills
Time Management
Communication Skills
Problem-Solving

Education

Bachelor’s degree in finance, business, or a related field

Tools

Microsoft Office Suite
Loan Management Software

Job description

This range is provided by The Equus Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$65,000.00/yr - $75,000.00/yr

Our client is a well-established real estate company known for its commitment to helping individuals and families secure the homes of their dreams. With years of experience in the industry, they offer a wide range of services, from residential and commercial real estate transactions to providing expert advice on financing options. Their team is dedicated to providing excellent customer service and a seamless experience throughout the buying and lending process. As a Loan Assistant, you will be part of a team that strives to make real estate transactions efficient, smooth, and client-focused.

Key Responsibilities:

  • Assist loan officers in processing residential and commercial real estate loans.
  • Collect, review, and organize required documentation from clients (e.g., financial statements, credit reports, property appraisals, etc.).
  • Ensure all loan documentation is complete and compliant with company policies, state, and federal regulations.
  • Communicate with clients, real estate agents, and other stakeholders to gather information and clarify loan requirements.
  • Prepare loan files and ensure all documents are correctly filed and maintained in the system.
  • Assist in the preparation and submission of loan applications to underwriting departments.
  • Monitor the loan pipeline to ensure timely completion of all steps in the loan process.
  • Follow up with clients to request missing documentation or additional information.
  • Perform data entry and maintain loan records in the company’s loan management system.
  • Help resolve any issues or discrepancies related to loan applications and documents.
  • Support loan officers in ensuring that all transactions meet deadlines and compliance requirements.
  • Handle client inquiries professionally and provide exceptional customer service.

Qualifications:

  • Bachelor’s degree in finance, business, or a related field preferred.
  • Previous experience in real estate, lending, or a related field is a plus.
  • Strong understanding of real estate loan processes and documentation is a bonus.
  • Excellent organizational and time-management skills with the ability to multitask effectively.
  • Strong written and verbal communication skills.
  • Attention to detail and a proactive approach to problem-solving.
  • Proficient in Microsoft Office Suite (Word, Excel, Outlook) and loan management software.
  • Ability to work independently and as part of a team in a fast-paced environment.

The Equus Group is an Equal Opportunity Employer and takes pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Administrative and Finance

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