Loan Closer jobs in United States
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Financial Staffing LLC · 1 day ago

Loan Closer

Financial Staffing LLC is seeking a Loan Closer to manage the closing process for conventional and SBA loans. The role involves reviewing credit files, preparing loan packages, and ensuring timely communication with all parties involved in the loan closing process.

Staffing & Recruiting
Hiring Manager
Jeff Chapkin, MBA
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Responsibilities

Reviews the credit files and completes all necessary documentation for commercial and SBA packaging files
Works closely with commercial lender, business development officer, underwriting, attorneys, document preparation, third-party vendors (i.e., real estate brokers, title companies, insurance agency, etc.) and customers to prepare loan package closing
Responsible for timely communication with borrower, commercial lender, and pre-closer regarding missing items needed to complete loan closing
Maintain control over loans(s) in process to detect any potential and/or developing problems and ensure all department managers are informed of any issues
Orders and reviews UCC/Federal/State/County preliminary lien searches, title commitments, flood search, appraisal, environmental reports, and requests the essential loan documentation as indicated by the credit underwriter and/or Wallis Bank procedures to ensure completeness of loan files
Review articles and by-laws/operating agreements, where applicable of partnership, corporation and limited liability company (LLC)
Review closing documents upon receipt from bank attorney to ensure conformance with the approved loan terms and conditions
Ensure prompt payment of Guaranty fee in the SBA/USDA required time frame
Reconcile equity injection and make final verification determination
Review scanned loan documents on closed loan file assigned to you by VP/Closing Department Manager before it is given for final Quality Control (QC) review
Follow internal audit procedures to ensure files are properly documented and scanned into electronic scanning system
Works with the Loan Funding Specialist to ensure smooth transition on construction and multi-disbursement projects
Clear any outstanding items, exceptions and liens, prior to or at, closing time
Completes annual required compliance training
Participate in at least one CRA related event
Performs other duties as assigned by management

Qualification

Lending operations knowledgeClosing procedures knowledgeMicrosoft Office SuiteLoan documentation reviewCommunication skills

Required

Two to five years related experience and/or training; or equivalent combination of education and experience
Computer skills required: High level proficiency in Microsoft Office Suite
Advanced knowledge of lending operations and closing procedures

Company

Financial Staffing LLC

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Bringing a decade of industry experience, our team at Financial Staffing LLC excels in placing top bankers in community banks.

Funding

Current Stage
Early Stage
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