Casa Lending · 22 hours ago
Closing Coordinator, Rental Lending
Cleveland, OH
Full-time
Onsite
New Grad, Entry Level
0+ years expCasa Lending is the leading lender enabling professional real estate investors to take their business to the next level. As a Closing Coordinator, you will ensure a smooth and efficient loan funding process by verifying documentation, coordinating with stakeholders, and maintaining compliance with company policies.
Financial ServicesFinTechLendingMortgageReal EstateReal Estate BrokerageReal Estate Investment
Responsibilities
Verify the accuracy and completeness of loan files, including title reports, insurance, and other trailing qualification documentation. Identify any outstanding items and ensure the appropriate parties are aware before the loan can be funded
Accurately prepare closing documents and coordinate with third parties to balance an accurate settlement statement. Oversee the timely preparation and delivery of these documents to minimize delays and optimize the closing process
Thoroughly review all signed loan documents for accuracy, completeness, and inclusion of all required documentation before authorizing the release of closing funds
Collaborate with Builders Capital's Treasury team to confirm the source of funds and request funding once all required conditions have been met
Ensure that loan proceeds are disbursed accurately and timely to the appropriate parties, such as escrow companies, borrowers, or third parties
Act as a liaison between the lending institution, title companies, closing attorneys, and internal stakeholders to resolve issues promptly and streamline the funding process
Assist in identifying potential issues and escalate to senior members or management as needed
Create and maintain internal documents and reports related to loan funding activities
Maintain positive working relationships with all relevant stakeholders to ensure high-quality loan origination and an expedited post-closing process, enabling the timely and efficient disposition of loans to capital partners
Track and analyze key performance indicators (KPIs) related to post-closing and lock desk functions, recommending adjustments to improve turnaround times and customer satisfaction
Contribute to the ongoing development and improvement of funding, and post-closing procedures, leveraging feedback and data to enhance overall efficiency
Qualification
Required
Bachelor's degree in finance, business, or related field
0 - 2 years of experience in mortgage funding, loan processing, post-closing, lock desk management, capital markets or a similar role within the mortgage or real estate industry
Ability to learn and become familiar with mortgage documents, DSCR loan structures, and closing procedures
Excellent attention to detail and organizational skills
Strong communication and interpersonal skills for maintaining relationships with stakeholders
Proficiency in mortgage software and Microsoft Office applications
Ability to analyze financial data and assess risk
Critical thinking skills to manage any discrepancies or issues that arise during the funding process
Ability to adapt to a new division's evolving processes and contribute to continuous improvement
Ability to work independently and collaboratively in a fast-paced environment
High level of integrity and commitment to maintaining confidentiality and regulatory compliance
Proactive mindset to identify and implement process improvements in a new and evolving division
Benefits
Health Insurance – We’ve got you covered! Casa Lending pays 100% of your medical insurance premiums to keep you healthy and stress-free, offering a PPO and HSA plans.
Health Savings Account (HSA) – We contribute annually into your HSA account (prorated from your hire date) and for those the select our HSA plan.
Competitive Compensation – We offer competitive wages that reward your expertise and hard work.
Paid Time Off – Take time to recharge with 3 weeks of paid time off each year.
Paid Holidays – Enjoy 10 paid holidays throughout the year so you can spend quality time with family, friends, or doing whatever you love.
Company
Casa Lending
Casa Lending offers real estate investors fix-and-flip, new construction, DSCR rental, and multifamily financing solutions.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase