Loan Coordinator- -DOE

Job Description

Job Description:
Loan Coordinator

The Loan Coordinator is responsible for processing and servicing of hard money loans. This position confirms fulfillment of approved eligibility requirements and possesses the ability to recognize and resolve issues in the closing process to assure the accuracy and completion of all required loan documents.

Summary of Essential Job Functions

• Manage the hard money loan closing process to ensure that all closing requirements are met and that closing deadlines are achieved.
• Ensure loan file accuracy including all packaging documents, satisfaction of credit conditions and compliance with state and federal lending requirements.
• Review closing documents for accuracy and compare the documents to commitment and loan summaries.
• Identify missing documents or discrepancies in closing packages and ensure timely satisfaction of requirements.
• Clear conditions of loan commitments, clear loans for closing and document approved exceptions.
• Discern and resolve issues that may emerge during the loan closing process.
• Regularly provide production and loan status reports.
• Ensure correct lien position on all collateral.
• Maintain superior level of customer service with customers, company employees and department members.
• Collaborate with loan officers, borrowers and brokers.
• Maintain professional and technical knowledge of all regulations related to closing procedures.

Minimum Education and Experience

• High School Diploma or GED.
• Demonstrated superior customer service skills.
• Ability to collaborate, influence and persuade.
• Exceptional interpersonal, verbal and written communication skills.
• Strong organizational skills and exceptional attention to detail.
• Position requires a highly motivated go-getter with a great attitude.
• Real Estate Investment or Mortgage loan closing experience highly desired.
• Current knowledge of lending regulations preferred, but not required.
• Proficiency in Microsoft Office, Internet and related computer skills.

• Experience in real estate is a huge plus.
• Specifically, experience in real estate investing/finance is highly desired.
• Loan processing experience.
• Call center experience.
• Confidence in handling crucial conversations.
• Proficient in Microsoft Excel.
• Connected and excited about new technologies.
• Enjoy working in a fast-paced environment.
• A team player with a focus on succeeding together and thriving in individual roles and tasks.
• Desire to build a career with the company.

Compensation:

• $32k-$36k DOE
• Health Insurance Available
• 401K Plan

Job Type: Full Time