What are the responsibilities and job description for the Loan pricing specialist position at We Lend?
Company Description
We Lend is a Nationwide Private Lender specializing in providing quick and low-cost capital for investment properties. The company's focus is on assisting investors to expand their real estate portfolios by offering personalized lending solutions. We Lend's approach prioritizes the investor's needs, allowing them to concentrate on their investments rather than the loan process.
Role will be based out of Queens,NY
88-10 136 TH ST,Queens 11418
Role Description
This is a full-time hybrid role for a Loan Pricing Analyst at We Lend. The role is located in Queens, NY, with the possibility of some work from home. The Loan Pricing Analyst will be responsible for analyzing data, communicating pricing strategies, managing finance-related tasks, supporting sales efforts, and conducting data analysis.
Key Responsibilities :
- Loan Analysis & Underwriting : Review and analyze mortgage loan applications, including financial statements, property appraisals, credit reports, and other related documentation.
- Financial Modeling : Prepare and analyze financial models to assess the feasibility of loan requests, ensuring that all criteria align with the company’s lending policies.
- Risk Assessment : Identify and evaluate potential risks associated with each loan application, including credit risk, market conditions, and borrower ability to repay.
- Loan Documentation : Assist in the preparation and organization of loan documentation and ensure all files are complete, accurate, and compliant with industry regulations.
- Communication : Coordinate with borrowers, brokers, and internal departments to gather necessary information, answer questions, and provide timely updates on loan application status.
- Market Research : Stay informed about market trends, real estate values, and regulatory changes that could impact the commercial mortgage industry.
- Reporting : Prepare and present loan analysis reports for senior management and assist in loan approval processes.
Qualifications :
Skills :
Benefits :
WELENDLLC is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Benefits :
Salary : $50,000 - $60,000