Job Description – Loan Processor II

The Company 
Harvest Small Business Finance, LLC, a California limited liability company, was created to originate and service loans backed by owner-occupied, multi-purpose real estate, in accordance with the Small Business Administration’s 7(a) loan program.  The Company seeks to be a significant originator of small balance commercial loans in a number of major markets throughout the United States.  Harvest is committed to serving borrowers in underserved markets and is dedicated to helping our customers maintain and create jobs in their respective communities. 

Position Summary 
The Loan Processor II will provide support to the Loan Administration team(s) and Loan Processing Manager as needed.

Location 
Laguna Hills, CA 

Essential Job Functions

• Review the Credit Approval Memorandum and Commitment Letter conditions and ensure all are satisfied prior to closing;
• Review Title Reports, Preliminary Report or Title Commitment and all underlying documents that comprise the exceptions to title coverage and the plotted easements to determine their acceptability and to address and clear any discrepancies or title defects;
• Review Entity documents for all Obligors of the loan;
• Generate the Items Needed List for closing, review and approve or decline items as received;
• Prepare and complete File Documentation Checklist; 
• Prepare Closing Documents, SBA Forms and Closing Instructions;
• Coordinate with Escrow, Title, Closing Attorney and/or BDO, Buyer/Borrower, Sales Administrator in closing transactions;
• Reconcile Borrower’s Injection / Borrower’s Contribution prior to closing;
• Self-Audit the entire file for accuracy and completeness; 
• Attend Loan Closing training courses to keep abreast with SBA guidelines and Internal Policies and Procedures;
• Actively engage in training loan processors;
• Other duties or projects as directed by the Loan Processing Manager;

Competencies

• Excellent written and verbal communication skills
• Diplomacy in dealing with internal staff and external parties
• Proficiency with Microsoft Office products
• Detail oriented with excellent organization skills
• Able to work in a dynamic environment
• Ability to take direction and work with little supervision
• Highly motivated

Education / Experience

• Four-year college degree preferred, or
• 2 years of full-time work experience in commercial real estate lending

Work Schedule

• Salaried exempt position
• Normal hours are 8:30 – 5:30 Monday through Friday, with an hour for lunch
• 10 days of vacation per year plus company holidays