Open Position: Loan Processor

Reports to: Loan Processing Supervisor

Supervisory duties: No supervisory duties

Job Type: Full-time, Exempt, Hybrid/Remote (8am-5pm cst preferred)

Location: Kirkland, WA

Pay range: $70,000 annually

About Us

We’re Rain City Capital–a private real estate lender. We put our borrowers first, which is how we’ve built our business almost exclusively on word-of-mouth referrals. No two workdays are the same, so our team is comprised of individuals who aren’t afraid to roll up their sleeves and take care of business. Our office is energetic, fun, and committed to leading the industry by putting the relationship before the transaction.

About You

You’re experienced in loan processing with a proven track record of creative problem-solving, excellent multi-tasking and prioritization, and a focus on customer relationships. You’re self-driven, tech-savvy, energetic, and easily adaptable to change, with a genuine desire to work with customers. You’re relentlessly proactive and organized, and pitch in to help your team members when they need it.  You have a couple of years of experience in a loan processing role and at least a basic knowledge/understanding of accounting, financing, lending, and systems administration. See below for more details on preferred qualifications.

About the Job

This role is all about processing business-purpose mortgage loans for investors, which will involve working collaboratively with clients, real estate brokers, third-party service providers, internal business partners, and other Rain City staffers. Here are some of the things you’ll be doing day-to-day in this role:

Roles and Responsibilities

  • Ordering Out and Transaction Coordination: You’ll need experience with real estate escrow fundings and to be comfortable ordering file documentation such as title, flood, hazard insurance, credit, background, payoff quotes, escrow, and appraisal in an always-on, fast-paced environment.

  • Communication: Title Review, Escrow funding, external correspondence, etc. You’ll need to regularly communicate updates to clients and escrow clearly and effectively as well as to internal business partners.  This will involve a strong understanding of our products and company standards.

  • Documentation: You’ll complete loan files in preparation for underwriting approval, work closely with loan officers, clients, underwriting and escrow to obtain all necessary items to properly document and close/fund loans.

  • Quality Assurance: You’ll perform QC reviews for files before they’re submitted to underwriting to ensure data is accurate and complete in the system and on any loan documents.

  • Collaboration: You’ll be working with internal departments like Sales, Accounting, and Servicing to ensure timely and accurate transfer of information. In fact, you’ll participate in a daily pipeline meeting each morning, so we really can’t stress enough how important it is for you to be a great communicator and team player. You’ll also be in daily correspondence with people outside of Rain City, so an understanding of our processes and guiding principles is expected.

Skills and Attributes

  • Minimum 3 years residential loan processing experience

  • Superb customer service and communication skills, both written and verbal

  • High level of accuracy/attention to detail, immaculately organized

  • Ability to work well in a consistently fast-paced environment

  • Ability to react quickly to changing needs of clients and underwriting changes

  • Proficiency in Microsoft Office i.e., Word, Excel, and Outlook

    • We utilize an internally developed Loan Origination and Processing system based on Microsoft Dynamics 365

  • Ability to maintain a positive attitude in a deadline-driven environment

  • Exceptional ability to work on multiple priorities

  • Energetic Self-Starter

  • Reliable, punctual, willingness to help other team members

  • Solution-oriented and nimble thinker

Other duties, responsibilities, and activities may change or be assigned at any time with or without notice. The employee in this position must be able to read, write, speak and understand English with exceptional fluency.

Rain City Capital offers a hybrid work environment, which means employees perform their duties remotely or in person and will be expected to check email, phone, and text messages throughout the day and respond in a timely fashion consistent with a normal company workday. This role must be willing to commute to our local office on a weekly basis, at a minimum of once per week, based on the needs of the position, the department, and the company workday.

To apply, please send your resume and cover letter to careers@raincitycapital.com

Posted 01/10/2025