Find Jobs
Find Jobs Near You – Available Work in Your Location
Skip to job details
BC
Builders Capital Exchange
Closing Coordinator, Rental Lending
Career Insights for Loan Processor
See where this job fits in the broader career landscape. Knowing your career path helps you see what's possible from here.
Scorecard
Based on Ohio data
Review key factors to help you decide if this role fits your goals. How is this calculated?
What they do
A Loan Processor processes applications for bank loans including mortgage or commercial loans. Assists customers with the application process, organizes and reviews credit information or business financial reports, and puts together materials needed for loan underwriters to evaluate an application.
$45,108 / year median in Ohio
-25% projected decline
Job Description
Closing Coordinator, Rental Lending Builders Capital Exchange Cleveland, OH Job Details Full-time $50,000
- $60,000 a year 19 hours ago Benefits Health savings account Paid holidays Health insurance Paid time off Qualifications Optimizing workflow processes Financial risk assessment Mortgage compliance Regulatory compliance Financial analysis Bachelor's degree Quality improvement Financial data management Financial regulatory compliance Productivity software Process improvement planning Stakeholder relationship building Financial markets knowledge Full Job Description Casa Lending is the leading lender enabling professional real estate investors to take their business to the next level and scale to new heights.
What You'll Do:
Loan Funding:
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.General:
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.Requirements Education:
Bachelor's degree in finance, business, or related field.Experience:
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.
Benefits Innovative Environment :
Join a forward-thinking company at the forefront of the construction finance industry with access to cutting-edge technology and resources.Work Flexibility :
Enjoy a flexible work environment where you can balance team leadership with your personal life.National Impact :
Be part of a nationwide operation that's shaping the future of construction financing and making a difference for builders, developers, and homeowners across the U.S. 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.