[Remote] Junior Loan Processor (HELOC) $40K-50K Annually with Bonus Incentive
Note: The job is a remote job and is open to candidates in USA. Prime Lender Solutions, LLC is a customer-focused financial institution dedicated to helping homeowners access the equity in their homes with speed, accuracy, and care. As a Junior Loan Processor, you will manage the end-to-end processing of Home Equity Line of Credit applications, collaborating with various stakeholders to ensure compliance and accuracy of documentation.
Responsibilities
- Review and verify borrower information, including credit reports, income, credit and asset documentation, as well as property details to ensure accuracy and completeness
- Prepare and submit complete loan files to Underwriting to obtain approval and achieve Clear to Close upon initial review
- Communicate with applicants to request any outstanding documentation and provide status updates at regular intervals (every 24–48 hours)
- Prepare and provide weekly pipeline updates to Loan Officers, clearly communicating the status of each loan file
- Respond to all emails within the same business day. Urgent matters should be addressed immediately upon receipt
- Facilitate communication with external third-party partners, including but not limited to appraisal management companies, title companies, and insurance agencies
- Ensure full compliance with applicable lending regulations, internal policies, and investor guidelines
- Maintain accurate and up-to-date records while consistently meeting established processing timelines
- Consistently achieve a monthly loan closing volume of 20-30 transactions
Skills
- Strong knowledge of lending regulations and documentation requirements
- Excellent organizational skills with high attention to detail
- Proficient in loan origination systems and Microsoft Office Suite
- Strong communication and customer service skills
- 2+ years of mortgage or HELOC processing experience preferred
Company Overview
- Prime Lender Solutions a trusted third-party mortgage operations partner, specializing in supporting sales companies offering Home Equity Line of Credit (HELOC) solutions. It was founded in undefined, and is headquartered in Delray Beach, Florida, US, with a workforce of 11-50 employees. Its website is https://primelendersolutions.com/.
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