Loankea LLC Loan Processor Remote · Full time Company website

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Founded in 2020, Loankea was built to solve a gap in the mortgage industry: to deliver complex, tailored financing — not just simple conventional lending — to borrowers who don’t fit neatly into boxes. Rather than leaving high-potential borrowers underserved, we bring deep structuring expertise, nimble underwriting, and a digitally streamlined experience together in one place. Based in the San Francisco Bay Area, we combine fintech innovation with real estate finance know-how, serving clients coast-to-coast

We are seeking a motivated and detail-oriented Loan Processor to join our dynamic financial services team. In this vital role, you will be responsible for managing the end-to-end mortgage loan processing workflow, ensuring accuracy, compliance, and timely delivery of mortgage and loan documentation.

Your expertise will help streamline the loan approval process, support our clients through transparent communication, and uphold industry standards including Agency and NonQM guidelines, TRID compliance, and federal regulations. This position offers an exciting opportunity to contribute to a fast-paced environment where your skills directly impact our clients’ financial journeys.

Duties

• Review and verify all loan documentation to ensure completeness and accuracy in accordance with industry standards.
• Coordinate with assigned managing loan officer, underwriters, and clients to gather necessary information for loan approval processes.
• Prepare and process loan applications using Encompass or similar mortgage servicing software while maintaining strict compliance with lending regulations.
• Conduct credit analysis by reviewing credit reports and financial statements to assess borrower eligibility.
• Ensure all loan documentation adheres to fair housing laws and banking regulatory compliance requirements.
• Communicate effectively with clients via phone or email to provide updates on application status and clarify documentation needs.
• Maintain detailed records of all loan processing activities, including escrow details, contracts, and internal communication logs.

Requirements

• Proven experience in loan origination or mortgage processing within the financial services or banking industry.
• Strong knowledge of Agency and NonQM guidelines, mortgage workflows, industry regulations such as TILA and TRID.
• Familiarity with mortgage operations processes, underwriting procedures, and qualification analysis techniques.
• Proficiency in Microsoft Office Suite (Outlook, Word, Excel, Onedrive), Adobe DC along with experience using Arive or comparable loan processing software.
• Excellent attention to detail with strong organizational skills to manage multiple files simultaneously.
• Ability to interpret complex financial data accurately using basic math skills and 10-key typing proficiency.
• Solid understanding of fair housing regulations, mortgage compliance standards, and banking regulatory requirements.

Join us in delivering exceptional mortgage services by ensuring every loan is processed efficiently, accurately, and compliantly! Your expertise will empower clients on their homeownership journey while supporting our commitment to industry-leading standards in financial services.

Benefits:

• Flexible spending account
• Paid time off
• Referral program
• Tuition reimbursement

Experience:

• Loan processing: 2 years (Required)