Loan Processor

CFG Bank is a provider of comprehensive banking solutions in the Mid-Atlantic region and national healthcare market. The Loan Processor is responsible for managing HUD-related documentation, collaborating with clients and stakeholders, and ensuring compliance with HUD guidelines to enhance efficiency in the loan processing activities.

Responsibilities

• Prepare, review, and maintain comprehensive HUD checklists of forms and required exhibits, including coordination of Lender Narrative documentation to ensure accurate and timely submissions
• Collaborate with the Senior Processor to track project timelines and provide regular updates on document status and completion milestones
• Attend and actively participate in weekly calls with clients and internal stakeholders to discuss the status and progress of HUD-related exhibits, addressing any client needs or concerns
• Learn and proficiently utilize the HUD APPS (Active Partners Performance System) to manage, track, and submit information regarding applications and partner performance
• Assist in gathering, reviewing, and verifying documentation required by HUD to support applications, ensuring completeness, accuracy, and compliance with established guidelines
• Prepare and coordinate responses to HUD deficiencies, working with internal teams and external partners to compile accurate submissions to address outstanding issues
• Support process improvements and best practices to enhance the efficiency and accuracy of HUD processing activities
• Maintain organized records and documentation related to HUD projects, facilitating access for audits, inquiries, or compliance checks

Skills

• Preferred prior experience with loan processing, or a related financial services role
• Strong organizational skills and attention to detail, with the ability to manage multiple projects and meet deadlines
• Excellent written and verbal communication skills to effectively collaborate with clients and internal stakeholders
• Proficiency in Microsoft Office Suite and the ability to learn industry-specific systems, such as HUD's APPS
• Ability to identify and resolve documentation issues, ensuring compliance with HUD guidelines and standards

Benefits

• Employer-provided health benefits: medical insurance, dental & vision insurance, disability insurance, life insurance, mental health support services, wellness program & free health club membership (for Baltimore-based employees)
• Paid time off: vacation days, sick leave, volunteer days
• Retirement plan: 401(k) with employer match
• Other compensation elements: Discretionary annual bonus and overtime pay for non-exempt positions

Company Overview