Job Description

Loan Partner (Senior Loan Officer Assistant)

Job Summary

Seeking a highly skilled and experienced Loan Partner to join a team. This full-time, hybrid role is ideal for a seasoned professional with a strong background in mortgage lending who can independently manage loans from application to submission. As a Loan Partner, you will play a critical role in supporting a mortgage loan officers by ensuring a seamless and efficient loan process for the clients. If you are detail-oriented, customer-focused, and thrive in a fast-paced environment, encourage you to apply.

Compensation Package

• Competitive salary commensurate with experience.
• Comprehensive benefits package, including health, dental, and vision insurance.
• Paid time off and holidays.
• Opportunities for professional growth and development.

Responsibilities

• Manage all aspects of the loan process, from pre-approval through submission, in support of loan officers.
• Price and structure loan files based on borrower qualifications and investor guidelines.
• Review borrower documentation, including credit, income, assets, and liabilities, for accuracy and completeness.
• Perform income calculations (W-2, self-employed, etc.) in accordance with underwriting guidelines.
• Run DU/LP findings, interpret results, and prepare conditions for submission.
• Register and submit loans to lenders through various platforms and portals.
• Clearly explain loan products, rates, closing costs, and mortgage processes to borrowers.
• Prepare and send initial disclosures while ensuring compliance with federal and state regulations.
• Maintain ongoing communication with clients, lenders, title companies, and other stakeholders to ensure a smooth loan experience.
• Track key loan milestones and proactively resolve any issues that arise during the pipeline.
• Collaborate closely with processors, underwriters, and loan officers to ensure timelines are met.

Qualifications/Requirements

• Minimum of 3+ years of experience in mortgage lending, preferably as a Loan Officer Assistant, Loan Processor, or similar role.
• Strong working knowledge of Fannie Mae/Freddie Mac guidelines and conventional loan programs.
• Experience running DU and LP, reviewing AUS findings, and working with lender portals.
• Exceptional income calculation skills (both salaried and self-employed borrowers).
• Excellent communication and customer service skills, with the ability to explain loan details to borrowers.
• Proficiency with LOS systems (e.g., Encompass, Arive, LendingPad, etc.).
• High attention to detail, organizational skills, and ability to manage multiple files simultaneously.
• NMLS license preferred but not required (depending on state regulations and responsibilities).

#LI-MC1