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Wilshire Finance Partners

CRE Mortgage Analyst and Processor

Wilshire Finance Partners, Irvine, California, United States, 92713

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Benefits:

Bonus based on performance

Competitive salary

Dental insurance

Health insurance

Opportunity for advancement

Paid time off

Training & development

Vision insurance

CRE Mortgage Analyst and Processor

Wilshire Finance Partners is a direct, portfolio lender and the manager of several real estate funds. Because we close loans using our money, we have created a great funding platform for our borrowers and referral partners.

We're looking for an experienced commercial real estate mortgage analyst / processor who is passionate about real estate lending and wants to be part of a direct lending team.

Base Pay: $80,000 to $95,000 per year (additional bonuses)

Location: Irvine, California

Schedule: Monday to Friday

Benefits:

Health Insurance

Paid Time Off

Dental Insurance

Vision Insurance

Life Insurance

Experience:

Minimum of 4 Years of multifamily and commercial real estate mortgage experience as an analyst and processor (no exceptions please)

Why Wilshire

Base Salary

Additional bonuses

Company health benefits

Paid vacation

Direct, portfolio lender

In-house underwriting and funding platform

“Non-Bank” in-house, bridge loan programs for Multifamily (5+ Units), Commercial Real Estate and Senior Housing Facilities

About the Role

In this role, you will:

Partner with loan underwriters for the processing, due diligence, analysis, underwriting and closing of loan requests.

Order, obtain and review various third-party documents and reports, including property financial statements, rent rolls, appraisals, environmental and engineering data, personal credit, title, escrow, and borrowing entity structures.

Partner with loan underwriters to identify title, insurance, zoning, entity, or other issues that require analysis and resolution.

Coordinate obtaining documents and information and the review of property insurance and property taxes.

Communicate and coordinate with the various parties to the loan including, loan underwriters, loan officers, brokers, title agents, escrow agents, legal counsel and other parties.

Assist with the due diligence process, including, engaging in research and validating documents and information provided.

Assist in identifying strengths and risks of loan requests, including recommendations for mitigating risks consistent with the company’s guidelines.

Identify exceptions to policy, guidelines, and pricing.

Assist with post-closing boarding, covenant tracking and servicing of the loans.

Ensure accuracy and thoroughness of data entry into the client relationship management (CRM) and loan servicing systems.

Demonstrate compliance with all policies, procedures and regulations that apply to your position and keep up to date on changes.

About You

Bachelor's Degree

Minimum of 4 years of experience as an analyst and processor in the multifamily and commercial real estate mortgage sector

Experience lending against senior housing facilities desired but not required

Current, working knowledge of standard concepts, practices, and procedures within the multifamily and commercial real estate lending field

Solid credit, lending and transaction knowledge.

Demonstrate exceptional organizational and time management skills. Ability to take initiative with minimal direction, to work on multiple transactions simultaneously, and to meet deadlines.

Possess strong analytical, problem solving, and interpersonal skills.

Possess excellent written and verbal communication skills and work well in a team environment.

Superior skills in database and spreadsheet use and management.

Ability to quickly learn, adapt to, and apply new information and processes.

Professional appearance and demeanor.

More About the Role

This is an in-office position based in our Irvine, California offices. This is not a remote position.

If you're looking for collegial environment of real estate professionals, now is a great time to join the Wilshire Finance Partner's team!

Please respond to this posting or send your resume to:

Wilshire Finance Partners, Inc. 2 Venture, Suite 430 Irvine, CA 92618

Learn more about us at: www.WilshireFP.com