Loan Closing Specialist
Center Street Lending is one of the largest specialty lenders in the United States. We provide lending solutions to residential real estate investors. This includes short term lending solutions for Fix/Flip, Ground Up, Single Family Rental and Apartment development projects. The company was created in 2010, and has originated more than $5.5 billion in loans since that time. Center Street Lending prides itself on delivering superior customer service and creative lending solutions by using the collective expertise of its team. Center Street Lending is a certified Great Place To Work.
This position is remote but requires you to work West Coast Hours.
Duties & Responsibilities
As a Loan Closing Specialist, you will be producing closing documents, reviewing closing documents, and communicating with third parties such as title and escrow. Further responsibilities include:
- Experience in Private Lending, and Private/RTL/DSCR Lending
- Providing excellent customer service and clear communication with internal and external parties
- Review loan files for completeness and accuracy to eliminate risks during funding process
- Understanding loan closing and escrow documents
- Balancing settlement statements/HUDs
- Communicating with title and escrow to collect documents necessary to fund the loan
- Working with internal teams: Underwriters, Loan Processors, Loan Officers, Loan Analysts, Appraisal and Post Closing
- Creating structured timelines and coordinating internally to ensure that approved files are clearly documented according to guidelines
- Being able to multitask and work in an extremely fast-paced environment while maintaining composure and organization
- Taking initiative to follow up with internal and external parties to get a file across the finish line in a timely manner
- Preparing funding requests for internal wire team and escrow
- Adhering to established SLA’s
- Maintaining an average pipeline of 15+ loans and funds 35-40+ loans per month
Qualifications
1-2 years preferred experience as a loan closer or processor
Strong written and oral communications skills
Detail oriented and has a team player attitude
Familiarity with title and escrow documents, knowledge of mortgage terms
Experience with Encompass (preferred, not required)
Proficient with Microsoft Office (Word, Excel, Outlook and PowerPoint) and Adobe
Education
Bachelor’s Degree
Compensation
$28.84 - $33.65 per hour, depending on experience
Benefits
- Paid time off/401k plan/Company Events
- Health insurance/Dental Insurance/Vision