Mortgage Loan Processor
Lendistry, Los Angeles, CA, United States
Lendistry is an Equal Opportunity/Affirmative Action Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, or membership in any other group protected by federal, state, or local law.
If you need assistance or accommodation due to a disability, you may contact us at hr@lendistry.com
Lendistry does not accept unsolicited resumes from recruiters, employment agencies, or staffing firms. To conduct business with Lendistry, a Master Services Agreement (MSA) must be executed and confirmed prior to submitting any information relating to a potential candidate. Without a signed MSA, Lendistry shall not be responsible to any individual or entity for any payment relating to any form of fee or compensation.
And, in the event that a resume or candidate is submitted by a recruiter, an employment agency, or a staffing firm without a fully executed MSA, Lendistry has the unrestricted right to pursue and hire any of those candidate(s) without any legal or financial responsibility to the recruiter, agency, and/or firm.
A Day in the Life
The
Loan Processor
is responsible for managing a full loan pipeline from initial review through submission to Underwriting, ensuring all documentation meets investor and regulatory guidelines. This role requires effective and timely communication with internal partners and external stakeholders, proactive pipeline management, and accurate maintenance of loan data within the document management system. The Loan Processor collaborates closely with the Loan Processing Manager to prioritize workflow, stay current on loan program requirements, and consistently meet monthly funding goals while maintaining quality, compliance, and service-level expectations. Some travel may be required.
Lendistry Home Loans: Who We Are
Lendistry Home Loans is a subsidiary of B.S.D. Capital, Inc. We created Lendistry Home Loans to help undercapitalized families and communities access fair, responsible mortgages when purchasing and/or refinancing property.
Lendistry Home Loans offers residential loans between $25,000 - $5,000,000. Lendistry Home Loans will be a direct lender but might broker on occasion based on economic and market conditions. https://lendistryhomeloans.com/licensing/
What You'll Be Doing
Review loan files to identify and obtain all required documentation in accordance with investor and regulatory guidelines.
Communicate effectively with internal partners (Loan Consultants, Processing Managers) and external parties (borrowers and third-party vendors), maintaining timely responses-generally within two hours.
Leverage pipeline and production reports to proactively manage loans and prioritize daily workload.
Maintain proficiency in the document management system, ensuring all loan data and documentation are accurate, complete, and up to date.
Meet weekly with the Loan Processing Manager to review loan status, resolve issues, and align workflow priorities.
Maintain current knowledge of loan programs, documentation requirements, and applicable guidelines.
Request, organize, and process loan documentation, independently submitting complete files to Underwriting on a monthly basis.
Effectively manage a full loan pipeline month over month while meeting quality and compliance standards.
Consistently achieve monthly funding targets based on assigned pipeline volume and prevailing market conditions.
Your Areas of Knowledge and Expertise
Minimum of five (5) years of mortgage loan processing experience required.
Demonstrated experience with FHA and VA loan products required.
Proficiency with Automated Underwriting Systems, including Desktop Underwriter (DU), required.
Purchase loan processing experience strongly preferred.
High school diploma or general education degree (GED) required.
Compensation Range
The base salary range for this full-time position is $25.00 - $33.00 an hour.
Our salary ranges are determined by role, level, and location.
The range displayed on each job posting reflects the minimum and maximum base salary for new hires for the position across all US locations. Within the range, individual pay is determined by multiple factors like job-related skills, experience, and state of residence. Your recruiter can share more about the specific salary range during the interview process.
Please note that the compensation details listed in US role postings reflect the base salary only, and do not include any variable compensation elements.
Physical Requirements
This is a stationary position that requires frequent sitting (approximately 95%), repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus. It also may require occasional standing, lifting, carrying of 20lbs or less, walking, kneeling, bending/stooping, twisting, pulling/pushing, and reaching above the shoulder. Employees in this position must be physically able to efficiently perform the essential functions of the position.
ACKNOWLEDGEMENT B.S.D. Capital, Inc. dba Lendistry is an equal employment opportunity employer committed to providing its employees, applicants and other covered persons with equal opportunities without regard to race, color, age (40 or older), religious creed (including religious belief, practice or dress and grooming practices), national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender (including pregnancy, childbirth or medical condition related to pregnancy or childbirth), gender expression, gender identity, sexual orientation, military or veteran status (including past, current or prospective service), or any other characteristic protected under applicable federal, state or local law.
If you need assistance or accommodation due to a disability, you may contact us at hr@lendistry.com
Lendistry does not accept unsolicited resumes from recruiters, employment agencies, or staffing firms. To conduct business with Lendistry, a Master Services Agreement (MSA) must be executed and confirmed prior to submitting any information relating to a potential candidate. Without a signed MSA, Lendistry shall not be responsible to any individual or entity for any payment relating to any form of fee or compensation.
And, in the event that a resume or candidate is submitted by a recruiter, an employment agency, or a staffing firm without a fully executed MSA, Lendistry has the unrestricted right to pursue and hire any of those candidate(s) without any legal or financial responsibility to the recruiter, agency, and/or firm.
A Day in the Life
The
Loan Processor
is responsible for managing a full loan pipeline from initial review through submission to Underwriting, ensuring all documentation meets investor and regulatory guidelines. This role requires effective and timely communication with internal partners and external stakeholders, proactive pipeline management, and accurate maintenance of loan data within the document management system. The Loan Processor collaborates closely with the Loan Processing Manager to prioritize workflow, stay current on loan program requirements, and consistently meet monthly funding goals while maintaining quality, compliance, and service-level expectations. Some travel may be required.
Lendistry Home Loans: Who We Are
Lendistry Home Loans is a subsidiary of B.S.D. Capital, Inc. We created Lendistry Home Loans to help undercapitalized families and communities access fair, responsible mortgages when purchasing and/or refinancing property.
Lendistry Home Loans offers residential loans between $25,000 - $5,000,000. Lendistry Home Loans will be a direct lender but might broker on occasion based on economic and market conditions. https://lendistryhomeloans.com/licensing/
What You'll Be Doing
Review loan files to identify and obtain all required documentation in accordance with investor and regulatory guidelines.
Communicate effectively with internal partners (Loan Consultants, Processing Managers) and external parties (borrowers and third-party vendors), maintaining timely responses-generally within two hours.
Leverage pipeline and production reports to proactively manage loans and prioritize daily workload.
Maintain proficiency in the document management system, ensuring all loan data and documentation are accurate, complete, and up to date.
Meet weekly with the Loan Processing Manager to review loan status, resolve issues, and align workflow priorities.
Maintain current knowledge of loan programs, documentation requirements, and applicable guidelines.
Request, organize, and process loan documentation, independently submitting complete files to Underwriting on a monthly basis.
Effectively manage a full loan pipeline month over month while meeting quality and compliance standards.
Consistently achieve monthly funding targets based on assigned pipeline volume and prevailing market conditions.
Your Areas of Knowledge and Expertise
Minimum of five (5) years of mortgage loan processing experience required.
Demonstrated experience with FHA and VA loan products required.
Proficiency with Automated Underwriting Systems, including Desktop Underwriter (DU), required.
Purchase loan processing experience strongly preferred.
High school diploma or general education degree (GED) required.
Compensation Range
The base salary range for this full-time position is $25.00 - $33.00 an hour.
Our salary ranges are determined by role, level, and location.
The range displayed on each job posting reflects the minimum and maximum base salary for new hires for the position across all US locations. Within the range, individual pay is determined by multiple factors like job-related skills, experience, and state of residence. Your recruiter can share more about the specific salary range during the interview process.
Please note that the compensation details listed in US role postings reflect the base salary only, and do not include any variable compensation elements.
Physical Requirements
This is a stationary position that requires frequent sitting (approximately 95%), repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus. It also may require occasional standing, lifting, carrying of 20lbs or less, walking, kneeling, bending/stooping, twisting, pulling/pushing, and reaching above the shoulder. Employees in this position must be physically able to efficiently perform the essential functions of the position.
ACKNOWLEDGEMENT B.S.D. Capital, Inc. dba Lendistry is an equal employment opportunity employer committed to providing its employees, applicants and other covered persons with equal opportunities without regard to race, color, age (40 or older), religious creed (including religious belief, practice or dress and grooming practices), national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender (including pregnancy, childbirth or medical condition related to pregnancy or childbirth), gender expression, gender identity, sexual orientation, military or veteran status (including past, current or prospective service), or any other characteristic protected under applicable federal, state or local law.