About The Team
Pacific Equity & Loan is a hard money lender based out of the US. We are a diverse team of hardworking and supportive individuals.
We know that behind every successful company, there are valuable employees who believe in the company’s goals. So, we put high priority on keeping our employees happy and making sure they are rewarded for their hard work through great pay and benefits.
At Pacific Equity and Loan, we are growing rapidly. We focus on providing faster speed, better service and more competitive loans than our competitors, which makes it possible for us to double in size, and expand our reach across the US by the end of next year.
This is why we are looking for candidates that are determined to grow with the company.
About The Role
Pacific Equity & Loan is looking to expand our loan processing team. We are in search of a full-time Loan Origination Assistant who will be responsible for assisting loan processors in various tasks in order to close role is a fantastic opportunity to kick-start your career in loan processing / finance and provides a great opportunity for growth within a rapidly expanding US company.
He / she will be reporting directly to the Loan Officer.
Primary responsibilities :
Collect, organize, and track borrower documentation
Communicate and relay information between the borrower and the sales / processing team
Work with third party Title and Escrow companies to ensure a smooth closing
Maintain borrower and vendor relationships
Understand processing requirements well enough to answer borrower and vendor questions while resolving their concerns.
Build and maintain organized files across assorted platforms.
Secondary responsibilities :
Continue to improve skills and knowledge to become a loan processor
Develop a relationship with the borrower to gain trust and repeat business
Duties and Tasks :
Receive initial loan application
Set up borrower files across multiple systems
Send needs lists to borrower regarding missing documents
Collect signatures on various forms and term sheets
Communicate with third party services (Title and Escrow, insurance agency, etc)
Complete various tasks as assigned by sales and processing managers
Assisting with requests and tasks needed to complete and process applications
Prepare and maintain all electronic documents for existing and new loans.
Research applicant credit status and current financial position.
Follow-up with clients to verify important information.
Collect and prepare all necessary documentation for the loan package.
Collecting data from clients such as their assets, salaries, debts and employment status to fill in information for the loan application.
Researching and correcting mistakes in applications for clients.
Reviewing file documentation for missing or erroneous information.
Submit files to the designated Underwriter.
Meeting loan application, processing, and funding deadlines
Candidates must be within commuting distance to Ortigas.
Candidates must be willing to work USA office hours.
Skill Requirements :
Extremely detail oriented
Basic computer skills
Problem solving skills
Verbal and written communication
Strong interpersonal and customer service skills
Ability to work with strict funding deadlines
Ability to work in fast-paced environment
Willingness to learn new concepts to grow and advance
Hiring Process :
Resume and cover letter will be reviewed by hiring manager
Selected candidates will be sent a intelligence test to be taken within 48 hours of receiving
If chosen to move forward, candidate will be interviewed by company CEO and managers
Selected candidate will be offered the position
Training Process :
Once hired, you will be working directly under the Loan Officers. You will be trained on how to use the various digital systems needed to process and organize loan files.
Along with this, you will learn how to handle and prepare loan files for the sales and processing teams. Your ability to work well under pressure allows you to be a great helping hand for the processing team when strict loan deadlines occur.
₱35,000 per month
HMO on the first day
VL / SL Benefits; 12+12
13th and 14th month pay
Likely team oriented production bonus