Casa Lending · 23 hours ago
Transaction Coordinator, Rental Lending
Cleveland, OH
Full-time
Hybrid
New Grad, Entry LevelCasa Lending is the leading lender enabling professional real estate investors to take their business to the next level and scale to new heights. As a Transaction Coordinator, you will play a critical role in facilitating the mortgage process, acting as the primary point of contact for both external and internal stakeholders, while ensuring a smooth transition from loan origination to funding.
Financial ServicesFinTechLendingMortgageReal EstateReal Estate BrokerageReal Estate Investment
Responsibilities
Oversee and organize all documentation throughout the loan process, ensuring timely receipt, accuracy, and completeness of all necessary forms, disclosures, and borrower documentation upon receiving a new loan application
Serve as the primary point of contact for borrowers/brokers/loan officers, providing updates and responding to inquiries throughout the loan process. Conduct outreach to obtain any missing documentation or information required for loan approval
Facilitate the ordering of required third-party documentation, such as appraisals, title work, insurance, and flood certificates. Track and manage the status of these documents, ensuring timely delivery to support underwriting requirements
Work closely with underwriters to ensure all aspects of the loan application are complete, accurate, and compliant with company policies. Provide underwriting with all required documentation for analysis and decision-making
Collaborate with borrowers, brokers, and loan officers to gather additional information or documentation needed to clear any open conditions identified by the underwriter. Ensure all conditions are satisfied for loan approval
Arrange and confirm loan closings with all relevant parties, including title companies, closing attorneys, and borrowers. Ensure all documentation is prepared and distributed accurately before the scheduled closing date
Keep all stakeholders informed of the loan's funding status, providing clear communication when the loan has funded and on any subsequent steps required to finalize the transaction
Keep detailed and accurate records of each loan’s progress and update internal and external stakeholders regularly to ensure transparency throughout the process
Contribute to the development of new procedures and process improvements by leveraging feedback and data to enhance efficiency and accuracy in loan processing
Engage in regular meetings and brainstorming sessions to identify pain points, inefficiencies, and opportunities for process innovation within the new division
Track key performance indicators (KPIs) related to loan processing, identify trends, and recommend changes to improve turnaround times and customer satisfaction
Qualification
Required
Associate degree in business, finance, or a related field required
Strong customer service skills with a customer-focused approach, demonstrating a commitment to providing exceptional service and timely communication to all stakeholders
Proven ability to manage a high volume of loan files efficiently while maintaining accuracy and attention to detail
Excellent organizational and multitasking abilities, with a track record of effectively prioritizing and managing multiple responsibilities to ensure quick turnaround times and meet deadlines
Strong communication and interpersonal skills to effectively coordinate between borrowers, lenders, and internal teams, ensuring a smooth efficient loan process
Problem-solving skills to quickly identify and resolve issues or discrepancies during the loan process
Proactive attitude toward identifying opportunities for process improvement and innovation, contributing to a more streamlined and efficient operation
Ability to work independently and collaboratively in a fast-paced, dynamic environment
High level of integrity and dedication to maintaining confidentiality and regulatory compliance
Preferred
Bachelor's degree preferred
Benefits
Health Insurance: Builders Capital pays 100% of your medical insurance premiums, offering both PPO and HSA plans.
Competitive Compensation: We offer competitive salaries that reflect your expertise and contributions.
Paid Time Off: Take time to recharge with 3 weeks of paid time off each year.
Paid Holidays: Enjoy 10 paid holidays annually to spend quality time with family, friends, or on personal interests.
Company
Casa Lending
Casa Lending offers real estate investors fix-and-flip, new construction, DSCR rental, and multifamily financing solutions.
Founded in 2024
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase