NewtekOne (NASDAQ: NEWT) · 1 day ago

Loan Closer

United States

Full-time

Remote

Entry, Mid Level

$60K/yr - $90K/yr

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Financial Services

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Responsibilities

Work closely with origination, processing, underwriting, construction, legal and quality assurance departments to ensure loan closings are in compliance with Newtek and SBA policies;

Review loan approval letter and credit write-up, to establish the closing checklist in conformity with loan approval;

Work with borrower to obtain and review pre-closing requirements;

Keep in touch with borrower via phone calls minimum of two times a week and via email multiple times a week.

Order and review lien, judgement, bankruptucy, certificate of good standing, flood determinations upon receipt of good faith deposit;

Identify any loan modifications necessary that arise during the closing process for submission to Underwriting for approval;

Collect and review pre-closing requirements and keep management informed of progress to loan closing; make best efforts to collect all pre-closing requirements at least five (5) business days before proposed closing date;

Prepares and compiles loan documentation in compliance with both internal and SBA requirements pursuant to the instructions;

Prior to scheduling loan closings, ensure all internal departments closing requirements have been cleared for closing;

Order site visits prior to closing;

Update all applicable data systems as to any activity on loan;

Track expenses for each individual loan;

Prepare funding documentation;

Other duties as assigned

Qualification

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