What are the responsibilities and job description for the Loan Closer position at Lendmarq?
Lendmarq is a direct real estate lender providing specialty bridge and term loan products to residential real estate investors throughout the country. Our company is headquartered in Miami, FL with offices in Westport, CT, and NYC.
We specialize in providing business-purpose mortgage loans for non-owner-occupied investment properties. We offer fix/flip, bridge loans, ground-up construction, and long-term rental financing. Lendmarq and its affiliates have extensive real estate experience and are known for their best-in-class service, and ability to execute.
Role Descriptio
nAs a Closer, you will be responsible for hands-on management for nationwide real estate closing and post- closing administration from start to finish. You will work closely with lenders, brokers, correspondents, legal counsel, title companies, vendors, and stakeholders with minimal direction in handling the Company’s loan closings. Problem solving and attention to detail are key components for this role and superior customer service and communications skills are needed
.
Responsibiliti
- esAbility to function well under pressure in closing transactions and managing vendo
- rsCreate and review legal documents for closings: review mortgages, title, liens, judgments, contracts, entity documents, agreemen
- tsOrder, review and prepare title commitments, searches, surve
- ysReview reports and searches provided by external abstractor
- s.Work with Underwriters to assist clients and real estate professionals with resolving clearance of all files prior to closing to ensure clear titl
- e.Calculate, examine, and prepare HUD Settlement Statements, Deeds and Transfer Documents and work with clients to effectively prepare for closin
- g.Schedule and lead smooth closings- free of erro
- rsResponsible for the oversight of recording of documents with Title Company, issuance of title policies, upon closi
- ngPerform due diligence to ensure all liens and judgments are addressed, and title is clear before closi
- ngPreparation of any endorsements/amendments to title as need
- edCoordinate with lenders and prepare closing packag
- esDisbursement and all post-closing including recordin
- gsEscrow follow-Up calls and coordinates releas
es
Qualificati
- onsExperience working with a title company/ or title insurance company, lending platform, and or law firm is id
- ealStrong working knowledge of commercial loan transactional documents, commercial loan structures/terms, and GL account
- ingAttention to process and detail, recalculations of fees, e
- tc.Take ownership of closing pipeline, CRM, and generate timely and accurate reporting; work without direct supervis
- ionMust be self-motivated and enthusiastic to achieve company go
- alsAbility to stay organized to easily retrieve information and documents as need
- ed.Flexibility to adapt to peak periods of heavy workload and press
- ureMaintain a professional image and standards consistent with Company policies and procedures Ability to work under strict and/or tight timeli
- nesBachelor’s degree, or an associate in combination with relevant work experience will be conside
- redAdvanced knowledge of Microsoft Office products; Word, Excel, Power Point and Outlo
- ok.Proficient with technology, including
CRM
What We O
fferWe believe in supporting our employees both professionally and personally. Our comprehensive benefits package inclu
- des:Health Insurance – Robust medical coverage with costs primarily covered by the emplo
- yer.401(k) Retirement Plan – Plan for your future with our retirement savings prog
- ram.Commuter Benefits Program – Save on your daily commute with pre-tax transportation opti
- ons.Employee Assistance Program (EAP) – Access free and confidential support for personal or professional challen
- ges.Financial Wellness Resources – Tools and guidance to help you reach your financial go
- als.Paid Time Off – Enjoy 15 days of PTO annually, plus company-observed holid
- ays.Sick Leave – Take care of your health with 5 paid sick days per y