Loan Processor

Sound, LLC; Arizona; On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation

Medical, dental, and vision insurance

Paid vacation, holidays, and sick time

Retirement plan with employer match

Job summary

Sound, LLC is seeking an experienced Small Business Hard Money Loan Processor in Arizona to manage business-purpose loan files from application through funding. You will coordinate with borrowers, brokers, underwriters, and title companies to ensure timely closings and compliant documentation.

The ideal candidate has at least two years of loan processing experience in private lending or hard money ventures and can review complex financials, organize documents, and maintain accurate records in

Qualifications

• Minimum two years of loan processing experience.
• Experience with business-purpose loans and hard money lending.
• Familiarity with LLCs, corporations, and other entities.
• Experience coordinating multi-state transactions.
• Knowledge of closing requirements and title processes.
• Proficiency with MS Office, Excel, LOS, CRM, and document management.

Responsibilities

• Manage loan files from application through underwriting, closing, funding, and post-closing.
• Review applications for completeness, accuracy, and eligibility.
• Collect, verify, and organize borrower and business documentation.
• Analyze financial information including cash flow, debt, liquidity, credit, collateral, and repayment ability.
• Calculate key metrics such as DSCR, DTI, LTV, and CLTV.
• Order title reports, insurance, lien searches, and other third-party reports.
• Identify missing documentation and submit complete loan packages to underwriting.
• Coordinate closings with title companies, escrow officers, attorneys, and insurers.
• Review closing documents and confirm all approval conditions are met before funding.
• Maintain accurate records in LOS, CRM, and document management platform.
• Track loan pipelines and ensure deadlines and closing dates are met.
• Follow lending regulations including fraud prevention and compliance requirements.
• Assist with post-closing activities and trailing documents.

Skills

Loan processing

Organizational skills

Analytical skills

Communication skills

Attention to detail

Education

High school diploma or equivalent

Tools

Microsoft Office

Excel

Loan origination systems

CRM software

Electronic document management

Job description

Job Description

We are seeking an experienced Small Business Hard Money Loan Processor to manage business-purpose loan files from application through funding. The ideal candidate is organized, detail-oriented, and experienced in coordinating with borrowers, brokers, underwriters, title companies, attorneys, and other parties to ensure accurate, compliant, and timely closings.

Responsibilities

• Manage loan files from application through underwriting, closing, funding, and post-closing.
• Review loan applications for completeness, accuracy, and eligibility.
• Collect, verify, and organize borrower and business documentation.
• Analyze borrower financial information, including cash flow, debt, liquidity, credit, collateral, and repayment ability.
• Calculate key metrics such as debt-service coverage ratio, debt to income ratio, LTV, and CLTV.
• Order title reports, insurance, lien searches, background checks, and other third-party reports.
• Identify missing documentation and submit complete loan packages to underwriting.
• Communicate loan conditions and follow up with borrowers and brokers to satisfy outstanding requirements.
• Coordinate closings with title companies, escrow officers, attorneys, and insurance providers.
• Review closing documents and confirm all approval conditions are met before funding.
• Maintain accurate records in the loan origination system, CRM, and document management platform.
• Track loan pipelines and ensure deadlines and closing dates are met.
• Follow company policies and lending regulations, including fraud prevention and compliance requirements.
• Assist with post-closing activities, including trailing documents, collateral files, recorded instruments, payoff requests, collections, reconveyances, and construction draw administration.

Qualifications

• Minimum two years of loan processing experience, preferably in private lending, hard money, or small-business lending.
• Experience processing business-purpose loans such as fix-and-flip, bridge, rental property, commercial real estate, working capital, or equipment-secured loans.
• Knowledge of business entities, including LLCs, corporations, partnerships, trusts, and personal guarantees.
• Experience coordinating multi-state transactions.
• Understanding of asset-based underwriting, title, liens, insurance, appraisals, and closing requirements.
• Familiarity with fraud prevention, and lending compliance standards.
• Experience working with brokers, borrowers, title companies, and closing attorneys.
• Knowledge of construction draws, inspections, budgets, lien waivers, and disbursement tracking is preferred.
• Strong organizational, analytical, and communication skills with exceptional attention to detail.
• Proficiency with Microsoft Office, Excel, loan origination systems, CRM software, and electronic document management.
• Ability to manage multiple deadlines while handling confidential information professionally.
• High school diploma or equivalent required.
• Notary and/or NMLS license preferred but not required.

Benefits

• Competitive compensation
• Medical, dental, and vision insurance
• Paid vacation, holidays, and sick leave
• Retirement plan with employer contribution
• Opportunity to play a key role in helping small businesses and real estate investors secure financing