Loan Processor

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BBB Midwest Plains

WebsiteLinkedInAll Job Openings

11 - 50 employees

Founded 1940

🤝 Non-profit

📋 Compliance

Non-profit • Compliance

BBB Midwest Plains is a regional branch of the Better Business Bureau (BBB), an organization that focuses on fostering trust between businesses and consumers. The BBB helps individuals find trustworthy businesses and provides services such as business accreditation, complaint resolution, and scam tracking. It serves as a resource for both businesses, by offering accreditation and other business resources, and consumers, by assisting in filing complaints and providing information about trustworthy businesses. The BBB Midwest Plains is part of a larger network dedicated to promoting ethical business practices and protecting consumers in the marketplace.

📋 Description

• Process DSCR and investor mortgage loans from initial disclosure through closing • Review, verify, and organize borrower, property, and third-party documentation to ensure complete loan files • Calculate and validate DSCR metrics, rental income, and cash-flow inputs in accordance with lender guidelines • Submit loan files to underwriting and manage underwriting conditions through final approval and clear-to-close • Collaborate closely with loan officers, wholesale account executives, underwriters, borrowers, title/escrow, appraisers, and other third-party vendors • Track loan milestones, follow up on outstanding conditions, and proactively resolve issues to keep loans moving • Maintain accurate loan notes, document tracking, and status updates in the loan origination system and lender portals • Ensure compliance with investor requirements, internal policies, and applicable regulatory standards

🎯 Requirements

• 2+ years of mortgage loan processing experience • Strong understanding of mortgage documentation, underwriting conditions, and closing requirements • Demonstrated proficiency with wholesale broker portals • Comfort with investor documentation, rental income, and cash-flow analysis • High attention to detail and strong organizational skills with the ability to manage several loans simultaneously • Professional written and verbal communication skills.

🏖️ Benefits

• Competitive compensation and benefits • Marketing and brand presence in the investor ecosystem • Entrepreneurial environment with opportunity to grow with a rapidly scaling mortgage platform • Exposure to a high-volume investor and SFR lending ecosystem