About the job
Position: LOAN PROCESSOR
Salary Range: Up to Php 70,000/month, with the final offer determined by the client's discretion based on the candidate's experience.
Working Hours: Monday to Friday, 8:30 AM to 5:30 PM AEST
Work Setup: Fully Remote
Holidays: Observance of Australian Public Holidays
Key Responsibilities
- Prepare and manage client loan applications from submission to settlement.
- Provide clients with regular updates on the status of their home loan applications (every 2–3 days).
- Communicate with mortgage brokers and loan processors to relay updates on active applications.
- Maintain communication with external referral partners regarding application progress.
- Collaborate with solicitors to ensure compliance with settlement deadlines.
- Work with lenders to meet refinancing timeframes and secure loan approvals.
- Assist clients with deposit payments, ensuring prompt processing of funds.
- Support brokers and loan processors in structuring loans accurately.
- Ensure all loan files comply with regulations before closure.
- Handle progress payments for construction invoices.
- Contact lenders to facilitate efficient application processing.
- Request necessary documentation from clients as required by lenders.
- Coordinate between outgoing and incoming lenders to ensure timely settlements.
- Inform solicitors and relationship managers (RMs) of formal loan approvals for purchases.
- Verify that lender approvals align with agreed loan amounts and interest rates.
