Sign in

Senior Loan Specialist in Newport Beach, CA

Concinnity Group
Newport Beach, California, United States
market salary
December 08, 2016

Posted By Premium Recruiter


Direct Hire Fulltime position for a Senior Loan Specialist in Newport Beach, CA

Responsible for ensuring that all single and multi-family residential and commercial lines/loans are set-up and processed in a timely manner while meeting all regulatory compliance and achieving a high level of customer service. Responsibilities primarily focus on processing and underwriting real estate mortgage loans, customer care and relationship management.

Must be able to analyze / underwrite / cash flow mortgage loans.

• Derive cash flow from analysis of federal personal and business income tax returns & schedules and financial statements

• Communicate with customers, providing excellent customer service and ensuring the customer relationship is maintained and the highest possible level.

• Review set-up loan files for completeness and identify and missing documentation or potential problems.

• Analyze each loan file, ensuring the LAW form, loan narrative (if applicable), appraisal(s), application, preliminary title report and verifications meet secondary market and loan program criteria and are accurately documented.

• Prepare loan files for funding by reviewing the analysis for accuracy and by completing the Request for Documents form to ensure all regulatory information and loan terms are accurately input into the computer system to meet compliance.

• Prepare pre-qualification and/or commitment letters for loan officer review.

• Cross trains other team members, when applicable.

• Perform duties and responsibilities specific to department functions and activities.

• Performs other duties & responsibilities as required or assigned by supervisor.


• A high school diploma required (college degree preferred).

• 3-5 years of experience with loan processing, underwriting and related analysis

• Extensive work experience in residential real estate loan underwriting is required.

• Proven ability to analyze income tax returns & tax schedules to derive borrower's cash flow

• Experience with commercial and/or construction loan processing, and commercial real estate loan underwriting is a plus, but not required.

• Basic computer skills are required.

• Additional work experience with an emphasis on customer service preferred.