What are the responsibilities and job description for the Loan Closer position at Chesapeake Search Partners?
CSP is partnering with a privately held real estate lender in their search for a Loan Closer. This individual will be an integral member of the team, responsible for preparing, verifying, and finalizing loan packages before disbursement of funds. The ideal candidate will have a keen eye for detail, strong communication skills, and the ability to work collaboratively with various departments to ensure the timely closing of loans.
Key Responsibilities:
· Review and verify loan documents for completeness and accuracy.
· Coordinate with loan officers, underwriters, title companies and borrowers to obtain any missing documentation or clarification.
· Prepare closing packages in accordance with lender guidelines and regulatory requirements.
· Schedule and facilitate the closing process, ensuring all parties are informed of their roles and responsibilities.
· Ensure the accurate disbursement of loan proceeds.
· Confirm all necessary documents are signed, notarized, and returned promptly.
· Resolve any issues or discrepancies identified prior to, during, or post-closing.
· Update and maintain accurate records in the company provided customer relationship manager (CRM) system.
· Stay updated with the latest industry standards, trends, and regulatory changes.
Qualifications:
· A minimum of two (2) years’ experience as a Loan Closer or in a related role.
· Proficient knowledge of state and federal regulations related to real estate lending.
· Strong organizational and multitasking skills.
· Excellent written and verbal communication skills.
· Ability to work efficiently under pressure and meet tight deadlines.
· Proficiency with technology software and Microsoft Office Suite.
· Strong problem-solving skills and the ability to work autonomously.
· Familiarity with private money lending practices is a plus.
Salary : $50,000 - $65,000