Seniors Housing Loan Processor

Arbor Commercial Mortgage is a national direct lender that provides debt capital for the multifamily and commercial real estate industries. We have extensive experience in mortgage origination and servicing and have built a reputation for service, quality and flexibility. Arbor's seasoned management team specializes in debt and financing for multifamily, office, retail, hotel and various other commercial real estate properties.

Arbor Commercial Mortgage, a national commercial real estate finance company, has a career opportunity at its office in Dallas, TX for a Seniors Housing Loan Processor. The Seniors Housing Processor is responsible for processing and packaging Seniors Housing Loans under the applicable programs.

• Sets up the deal on the L Drive with the appropriate folders.
• Sets up (a) kick-off call with Sales/Underwriting/Capital Markets/Chief Credit Office/Asset Mgmt., (b) external kick-off call with Borrower/Sales/Underwriting/Legal and (c) weekly call with Borrower/Sales/Legal to go over checklist and other pertinent issues/items.
• Keeper of the UW checklist. Processor/Analyst will deliver to the Borrower the checklist. They will also receive all UW docs from the Borrower and update the checklist weekly prior to the Borrower/Sales/Legal call. Also, Processor/Analyst will attend all Borrower calls and discuss items received and items that are still missing. Processor/Analyst will prepare all GSE forms and upload to the GSE’s database. Processor/Analyst will be sufficiently educated on the GSE requirements of required UW items/forms (i.e. stale dates, differences between Borrower/KP/Principals, etc.).
• Process incoming monies for application/3rd party deposits.
• Order 3rd party reports with Underwriter's guidance.
• Order all searches including Credit Reports/OFAC/Flood/Zoning/UCC.
• Prelim &UWLST/Workbook/Narrative input of:
  • Market Data/NIC Map
  • Property Specific Information
  • Property Operating Statements
  • Rent Roll
  • Occupancy History
  • Collections
  • Deal Terms
• Process outgoing monies for 3rd party invoices/GSE application fees.
• Maintain Closer throughout the Underwriting process.
• Work with Arbor Closer to ensure a smooth closing.
• Post-closing, Processor/Analyst will insure that all UW items that are stale dated are updated from the Borrower and sent to GSE.

Education:

• Bachelor’s degree; Finance or related preferred.

Experience:

• 3 to 5 years’ experience with Seniors Housing loans.

Knowledge/Skills/Abilities:

• Thorough understanding of underwriting for seniors housing programs.
• Proficiency with Excel and Word. Business writing or technical writing experience is a plus.
• Strong analytical, organizational, communication and multi-tasking skills are necessary.