Loan Origination Assistant

$4 / Per Hour
Full Time
Jan 06, 2022

Job Overview


About The Team

Pacific Equity & Loan is a hard money lender based out of the US. We are a diverse team of hardworking and supportive individuals. We know that behind every successful company, there are valuable employees who believe in the company’s goals. So, we put high priority on keeping our employees happy and making sure they are rewarded for their hard work through great pay and benefits.

At Pacific Equity and Loan, we are growing rapidly. We focus on providing faster speed, better service and more competitive loans than our competitors, which makes it possible for us to double in size, and expand our reach across the US by the end of next year. This is why we are looking for candidates that are determined to grow with the company.


About The Role

Pacific Equity & Loan is looking to expand our loan processing team. We are in search of a full-time Loan Origination Assistant who will be responsible for assisting loan processors in various tasks in order to close role is a fantastic opportunity to kick-start your career in loan processing/ finance and provides a great opportunity for growth within a rapidly expanding US company. He/she will be reporting directly to the Loan Officer.

  • Candidates must be within commuting distance to Ortigas

  • Candidates must be willing to work during United States office hours

  • BPO Experience required


Primary responsibilities:

  • Collect, organize, and track borrower documentation 

  • Communicate and relay information between the borrower and the sales/processing team

  • Work with third party Title and Escrow companies to ensure a smooth closing

  • Maintain borrower and vendor relationships

  • Understand processing requirements well enough to answer borrower and vendor questions while resolving their concerns.

  • Build and maintain organized files across assorted platforms.


Secondary responsibilities:

  • Continue to improve skills and knowledge to become a loan processor

  • Develop a relationship with the borrower to gain trust and repeat business


Duties and Tasks:

  • Receive initial loan application

  • Set up borrower files across multiple systems

  • Send needs lists to borrower regarding missing documents

  • Collect signatures on various forms and term sheets

  • Communicate with third party services (Title and Escrow, insurance agency, etc)

  • Complete various tasks as assigned by sales and processing managers

  • Assisting with requests and tasks needed to complete and process applications

  • Prepare and maintain all electronic documents for existing and new loans.

  • Research applicant credit status and current financial position.

  • Follow-up with clients to verify important information.

  • Collect and prepare all necessary documentation for the loan package.

  • Collecting data from clients such as their assets, salaries, debts and employment status to fill in information for the loan application.

  • Researching and correcting mistakes in applications for clients.

  • Reviewing file documentation for missing or erroneous information.

  • Submit files to the designated Underwriter.

  • Meeting loan application, processing, and funding deadlines


Skill Requirements:

  • At least 2 years experience in a similar role or BPO settings experience

  • Fluent English

  • Extremely detail oriented

  • Basic computer skills

  • Problem solving skills

  • Organizational skills

  • Verbal and written communication

  • Strong interpersonal and customer service skills

  • Time-management

  • Ability to work with strict funding deadlines

  • Ability to work in fast-paced environment

  • Willingness to learn new concepts to grow and advance

Hiring Process:

  • Resume and cover letter will be reviewed by hiring manager

  • Selected candidates will be sent a intelligence test to be taken within 48 hours of receiving

  • If chosen to move forward, candidate will be interviewed by company CEO and managers

  • Selected candidate will be offered the position


Training Process:

Once hired, you will be working directly under the Loan Officers. You will be trained on how to use the various digital systems needed to process and organize loan files. Along with this, you will learn how to handle and prepare loan files for the sales and processing teams. Your ability to work well under pressure allows you to be a great helping hand for the processing team when strict loan deadlines occur.



  • ₱35,000 per month

  • HMO on the first day

  • VL/SL Benefits; 12+12

  • 13th and 14th month pay

  • Likely team oriented production bonus

Skills Required

  • Data Entry

Share with your friends