We are seeking an experienced SBA 7(a) Loan Processor with significant hands-on experience processing SBA 7(a) loans from initial application through closing and funding. Preferring mortgage brokerage experience with origination experience a plus.
Key Responsibilities:
Process SBA 7(a) loan applications from intake to closing.
Collect, review, and verify borrower financial documents, tax returns, and business records.
Analyze financial statements, cash flow, and debt service coverage ratios (DSCR).Prepare and review SBA loan packages and required documentation.
Ensure compliance with SBA SOP requirements and lender guidelines.
Coordinate with borrowers, underwriters, lenders, and closing teams.
Track loan applications, resolve documentation deficiencies, and ensure timely processing.
Required Qualifications:- Significant experience processing SBA 7(a) loans underwriting.
- Strong understanding of SBA lending procedures, documentation, and compliance requirements.
- Experience working with SBA-approved lenders, banks, or loan brokerage firms.
- Excellent communication, organizational, and documentation skills.
- Ability to independently manage multiple loan files.
- Location Preference:
- Candidates located in Washington, DC, Maryland, or Northern Virginia (DMV) are preferred but not required. Qualified candidates from other U.S. locations are encouraged to apply.
How to Apply:- Interested candidates should submit their updated resume, including their SBA 7(a) loan processing experience.#Hiring #SBALoans #SBA7a #Loan
- Processor #Commercial
- Lending #Banking
- Jobs #FairfaxVA #DMVJobs #RemoteJobs
