11 Sep
|
Myfinser
|
Hyderabad
11 Sep
Myfinser
Hyderabad
Job Description
About the Role
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nMYFINSER is looking for an experienced US Mortgage Loan Processor – Commercial and Residential Bridge Lending to join a U.S.-based private lending team supporting commercial and residential bridge lending. This is a hands-on, end-to-end processing role for someone who understands the U.S. lending and closing process and can independently manage multiple loan files from term sheet execution through funding and post-close handoff . The ideal candidate is highly organized, proactive, detail-oriented, and comfortable working directly with borrowers, brokers, title companies, insurance agents, attorneys, and U.S.-based lending teams.
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n Key Responsibilities:
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n File Setup and Document Collection
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- Open recent files upon term sheet execution and issue the borrower document checklistn
- Collect and review borrower and guarantor documentation: entity formation documents, operating agreements, certificates of good standing, authorization resolutions, personal financial statements, schedules of real estate owned, credit and background reports,
and track record documentationn
- Review property level documentation: rent rolls, T12 operating statements, leases, purchase contracts, construction budgets, and scopes of workn
- Maintain a clean, current, and complete file at all timesn
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n Third Party Coordination
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- Order and track appraisals, BPOs, environmental reports, property condition assessments, surveys, flood certifications, and title workn
- Manage the title and escrow relationship: order title commitments, review for exceptions and requirements, and clear title conditionsn
- Review hazard, liability, flood, and builder's risk insurance for compliance with lender requirements, and obtain corrected certificates and mortgagee clause endorsementsn
- Order payoff and lien searches and track receipt of payoff statementsn
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n Condition Management and Closing
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- Maintain the open conditions list for every
📌 US Mortgage Loan Processor (Hyderabad)
🏢 Myfinser
📍 Hyderabad