Job Description

Company Description:

Yorktown Capital (YKTN) is a direct private credit provider for homebuilders, investors, and land developers. We finance the acquisition, recapitalization, construction, and development for residential and multi-unit projects nationwide. Our mission is to support the growth and success of real estate projects by offering customized financial solutions. Yorktown Capital is committed to providing reliable and efficient funding to our clients across the country.

Job Description:

YKTN is seeking a highly organized, detail-oriented Loan Processor to join our Private Credit team. This individual will work closely with our Private Credit and originations team to process, close, and finalize loans, ensuring a seamless transition from origination to post-close operations. The ideal entry-level candidate will be highly organized with strong attention to detail and communication skills

Responsibilities:

Processing & Underwriting Support

• Assist originations team in processing loan files and gathering required documentation for underwriting
• Ensure files are complete and meet company lending guidelines prior to closing
• Coordinate and manage pre-closing checklists
• Coordinate, manage, and execute loan closings with borrowers, title companies, and internal teams
• Ensure all closing conditions are met prior to funding

Post-Closing & Due Diligence

• Transfer closed loans to due diligence for post-close review and investor reporting
• Complete outstanding due diligence items for closed loans as needed
• Prepare and organize closed loans for trade with capital partners at the fund manager’s discretion

Collateral & Compliance

• Complete allonges, assignments of mortgage (AOMs), and coordinate proper delivery of collateral files
• Manage delivery of original loan documents, notes, and recorded documents to custodians or designated storage locations

Qualifications

• Recent graduate located in the Dallas area with a degree in Finance, Accounting, Business, or related fields
• (0-1) years' experience in loan processing, closing, or loan operations 
• High attention to detail and organizational skills
• Ability to work independently while collaborating across multiple internal teams
• Excellent verbal and written communication skills

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