centerline capital group

Job Description

Junior Analyst / Processor/Commercial Real Estate/Agency Products - Irving, TX

Basic Function	The Junior Analyst (Loan Processor) will become familiar with the financing programs being offered by CCG and the required processing responsibilities outlined for each program within the Affordable Housing Industry. The processor must demonstrate ability for details, organization and an analytical orientation, and possess the initiative to work in an independent and reliable manner.
Primary Duties	• Issue loan processing package to borrower. • Prepare customer contact list and submit copy to closing. • Prior to Kick Off identify repeat customers and obtain customer history including existing loan balances, DSC, LTV, Asset Management Reports and Loan Quality Rating. • Research third party consultants for availability and competitive pricing. • Work directly with Underwriters in collecting all required underwriting documentation request consultant inspections/reports and monitor receipt of information to meet target dates established for completing the loan narrative. Request final reports from vendors upon instruction from the underwriter. • Verify payoff demand was requested and received. • Establish and maintain the permanent loan file according to corporate policy. Review any processing documentation which has been requested and advise underwriting team of receipt. • Order borrower/sponsor credit reports (including terrorist check), Mornet, the initial zoning and code information and, upon receipt notify underwriter of any material non-compliance issues. • Maintain outstanding Due Diligence list and provide weekly to originator, underwriter and client. • Provide input for weekly LIP (Loans in Process) status reports. • Advise and inform underwriter of issues affecting loan status. • Finalize client expense report by verifying that all departments address any fees related to the transaction. • Conduct file audit at loan closing prior to shipping processing file to storage. Ensure all documents are executed and in compliance with agency guidelines. • Follow-up to obtain loan committee signatures from Loan Committee Coordinator for permanent file. • Maintain credential files for third party vendors in conformance with agency standards. • Upon instruction from the underwriter, submit final ebinder III to Fannie Mae within agency requirements. • Complete data input for review and sign-off by Underwriter of MCodes or C&D systems. • Submit Fannie Mae ebinder III upon instruction from Underwriter. • In addition to Fannie Mae requirements, the processor will be responsible for Freddie Mac processing and any other product lines that flow through the Affordable Housing Group.
Experience	One to 2 years of related experience preferred.Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
Skills	MATHEMATICAL SKILLS Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to calculate figures and amounts such as loan amounts, interest rates, loan constants, ratios, percentages, areas. Ability to apply concepts of basic algebra and geometry. Possess a basic understanding of financial formulas and use of financial calculator. LANGUAGE SKILLS Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from managers, clients, customers, and vendors. Ability to communicate and be assertive on the phone with clients, vendors, and city officials.
Education	Bachelor's degree (B. A.) from four-year college or university preferred. Please forward resume to Chad Baird