Skip to main content
Tallo logoTallo logo

Find Jobs

Find Jobs Near You – Available Work in Your Location

Skip to job details

Back to Results

Apply for this opportunity

To apply for this job, you'll continue to an external website or email application.

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?

Were these scores useful?

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

Explore Career

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.
We offer a variety of hard money and long-term loans to meet your real estate financing needs. Whether you're a fix and flip investor, a new construction professional, looking for portfolio loans, or holding long-term rentals, we have the flexible capital you need to grow and scale your business. At Casa Lending, we pride ourselves on providing exceptional borrower experience and maintaining healthy loan performance. As a Closing Coordinator , you are responsible for ensuring a smooth, accurate, and efficient loan funding process. This role involves verifying documentation, coordinating with various stakeholders, ensuring compliance with company and regulatory policies, and maintaining strong relationships with title companies, closing attorneys, internal stakeholders, and other partners. This role plays a crucial part in ensuring that funds are correctly disbursed and that all transactions comply with established guidelines.
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.
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 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.
We're here to support you both professionally and personally—because when you thrive, we all thrive. Casa Lending is an Equal Opportunity Employers (EEO) and welcome all qualified applicants. This is a full-time, exempt position. The job description contained herein is not intended to be a comprehensive list of the duties and responsibilities of the position, which may change without notice.