Senior Commercial Loan Funder/Closer

Crossroads Staffing; Los Angeles (CA); On-site; USD 55,000 - 85,000; Full time

Job summary

Crossroads Staffing seeks a meticulous Commercial Loan Processor in Brentwood to serve as the liaison between clients and a financial institution. Responsibilities include evaluating clients, researching credit, and preparing loan packages while managing origination files.

The role requires hands-on experience with the loan lifecycle and proficiency with loan origination software (preferably The Mortgage Office).

Qualifications

• 1+ year of commercial loan experience.
• Hands-on experience with the loan origination process.
• Proficiency with loan origination software, preferably The Mortgage Office (TMO).

Responsibilities

• Collect and prepare all necessary documentation for the loan package.
• Research applicant credit status and current financial position.
• Prepare and maintain all paperwork for existing and new loans, including loan disclosures.
• Create repayment plans.
• Complete loan contracts and ensure clients are kept informed of the rules and requirements.
• Work with clients to establish their needs and recommend suitable types of loans.
• Submit files to the designated Underwriter.
• Conduct interviews to assess client eligibility for loans or mortgages.
• Ensure compliance with established regulations and law requirements.
• Follow up with clients to verify important information.
• Perform other duties as assigned.

Skills

Commercial loan experience

Loan origination process

Loan origination software

Tools

The Mortgage Office (TMO)

Job description

Career Opportunity Available in Brentwood

Job Description

We are searching for a detailed Commercial Loan Processor to act as the liaison between potential clients and our financial institution. The role involves conducting client evaluations, researching credit records, preparing loan package documentation, and managing file origination.

• Collect and prepare all necessary documentation for the loan package.
• Research applicant credit status and current financial position.
• Prepare and maintain all paperwork for existing and new loans, including loan disclosures.
• Create repayment plans.
• Complete loan contracts and ensure clients are kept informed of the rules and requirements.
• Work with clients to establish their needs and recommend suitable types of loans.
• Submit files to the designated Underwriter.
• Conduct interviews to assess client eligibility for loans or mortgages.
• Ensure compliance with established regulations and law requirements.
• Follow up with clients to verify important information.
• Perform other duties as assigned.

Skills Required

• 1+ year of commercial loan experience.
• Hands‑on experience with the loan origination process.
• Proficiency with loan origination software, preferably The Mortgage Office (TMO).

Skills Preferred

• Bilingual in Spanish.
• California Notary License.
• Underwriting experience.
• Financial analysis experience.