Loan Account Coordinator - Newport Beach

Job Description

Salary:

About the Company

Anchor Loans is one of several operating companies owned by Pretium Partners (+$50B AUM Financial Services Entity) and is working diligently to expand and grow its lending footprint. Diversity matters to our organization, and we are proud to be an equal opportunity employer. All qualified candidates are welcome and will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, genetic information, marital status, sexual orientation, natural origin, disability, age, veteran status, or any other protected characteristic.

Position Summary

We are seeking a Loan Account Coordinator to join our commercial loan processing team. We are looking for a professional who can deliver exceptional service to our clients, external partners, and internal departments while ensuring the loan is processed in an efficient and timely manner. Your strong eye for detail and exceptional customer service skills will be crucial in this position, as you will diligently gather information, field questions, and handle any last-minute changes to push the file over the finish line to funded!

Anchor is committed to career pathing our employees and cross training amongst multiple departments to develop well rounded knowledgeable employees in the mortgage industry.

Essential Duties & Responsibilities

Establish and maintain relationships with clients and referral partners to retain existing business and attract new.

Enter prospective new loan applications into the loan origination system. Prepare Estimated Settlement Statements and LOI’s as necessary on all loan structures.

Reconcile and organize all application information received and review items for qualification.

Order and secure all third-party documents such as title, credit reports, appraisal and any other items required on the loan files.

Act as a liaison between clients, internal staff, brokers, title companies, etc. to respond to inquiries, provide status updates and obtain all necessary documentation required for the file.

Manage a loan pipeline of 20 to 25 loans, resolving any problems or conditions in an expeditious manner as the file moves through the process, from initial receipt through funding.

Prepare and review mortgage loan files to ensure compliance with investor guidelines. Submit files outside of guidelines to Credit Committee for approval.

Ensure that all loan files submitted to underwriting are complete and accurate. This requires pre- underwriting of the borrower and loan file. (Loan structure, loan terms, cash reserves, borrower experience, escrow/title documentation, and initial evaluation of risk)

Perform related duties and special projects as assigned

Requirements

Superb interpersonal, written and verbal communication.

Ability to provide exemplary service to clients and co-workers.

Excellent organizational and time management skills with attention to detail.

Ability to manage multiple tasks and deadlines simultaneously to maintain a high-volume workload in a fast paced, deadline driven environment.

Candidates should have a strong ability to prioritize and multitask without being micro-managed to meet multiple deadlines and work well in a team environment.

Work Environment

This is a hybrid position which requires in office reporting to Anchor’s Newport Beach office on Tuesday, Wednesday, Thursday. Remote work is optional Monday and Friday.

Compensation

The base pay range for this position is $22-$30/hour plus performance-based bonus.

Benefits

Medical, Dental, Vision, Life, AD&D insurance

Vacation and sick leave

401k plan with employer match

Onsite gym (Thousand Oaks office)

12 paid holidays annually

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