FAR Group is a leading Federal Contractor and Global Solution provider based in Stafford, Virginia. We
specialize in delivering innovative solutions to meet our clients' diverse needs in the government and private
sectors. As we continue to expand our operations, we are seeking a highly skilled and motivated Loan
Specialist to join our team.
Job Description:
As a Loan Specialist at FAR Group, you will play a crucial role in managing and processing loan
applications in accordance with established policies, procedures, and regulatory requirements. Your
primary responsibility will be to facilitate loan origination, underwriting, and closing processes while
maintaining a high level of accuracy and customer service.
Responsibilities:
specialize in delivering innovative solutions to meet our clients' diverse needs in the government and private
sectors. As we continue to expand our operations, we are seeking a highly skilled and motivated Loan
Specialist to join our team.
Job Description:
As a Loan Specialist at FAR Group, you will play a crucial role in managing and processing loan
applications in accordance with established policies, procedures, and regulatory requirements. Your
primary responsibility will be to facilitate loan origination, underwriting, and closing processes while
maintaining a high level of accuracy and customer service.
Responsibilities:
- Evaluate loan applications and supporting documents to ensure completeness, accuracy, and
- Perform credit analysis, assessing borrowers' financial profiles, creditworthiness, and risk factors.
- Conduct thorough documentation reviews, verifying income, assets, employment history, and other
- Collaborate with borrowers, loan officers, and other stakeholders to obtain missing or additional
- Prepare loan files, ensuring all required documentation is accurate, complete, and submitted within
- Coordinate with underwriters, appraisers, title companies, and other parties involved in the loan
- Stay updated on industry trends, regulations, and compliance requirements to ensure loan processes
- Provide exceptional customer service, addressing inquiries, resolving issues, and maintaining
- Contribute to process improvements and efficiency enhancements within the loan operations
- Maintain confidentiality and integrity of sensitive borrower information.
- Bachelor's degree in finance, Business Administration, or a related field (equivalent work
- Minimum of 3 years of experience as a Loan Specialist or a similar role in the lending industry.
- In-depth knowledge of loan origination, underwriting, and closing processes.
- Strong understanding of mortgage products, loan programs, and relevant regulations (e.g., FHA,
- Excellent attention to detail, analytical skills, and the ability to multitask in a fast-paced
- Exceptional communication and interpersonal skills to effectively collaborate with internal teams,
- Demonstrated problem-solving abilities and a customer-centric approach.
- Familiarity with federal contracting and government lending programs is a plus