Hard Money Loan Closing Specialist

Principle Funding Group; West Jordan (UT); On-site; USD 32,000 - 36,000; Full time

Benefits offered by this job

Health Insurance Available

401K Plan

Job summary

Principle Funding Group in West Jordan, Utah is seeking a Loan Coordinator to manage the hard money loan closing process. This role ensures that all requirements are met, reviews closing documents, and maintains customer service standards.

The ideal candidate will have a High School Diploma or GED, exceptional interpersonal skills, and preferably experience in real estate or mortgage loan closing. Compensation ranges from $32k to $36k depending on experience.

Qualifications

• High School Diploma or GED is required.
• Demonstrated superior customer service skills.
• Ability to collaborate, influence and persuade.

Responsibilities

• Manage the hard money loan closing process.
• Review and ensure accuracy of loan documents.
• Provide production and loan status reports.

Skills

Customer service skills

Interpersonal communication

Organizational skills

Detail-oriented

Education

High School Diploma or GED

Tools

Microsoft Office

Microsoft Excel

Job description

We are a direct hard money lender offering loans on residential real estate in 13 states across the USA. We have doubled our staff and revenue in the last 12 months and are on track to do so again this year.

First and foremost, we need someone who pays attention to detail. Please do not just send us your resume without reading the entire job description. A thoughtful cover letter also goes a long way in helping us know you are serious. This is so important because a huge part of this job is paying attention to detail and having a very organized approach to accomplishing moderately complex work.

With that said, the right person is going to thrive in an environment that is high-energy, very hands on, a place where you will wear multiple hats with a 'can do' attitude, and where you can become your best self as you help our company reach its full potential as you progress toward your personal full potential as well. We also want someone who will hit the ground running by taking thorough notes, asking the right questions, and demonstrating a thirst for learning.

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.

Qualifications

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.

Desired Experience:

1) Experience in real estate is a huge plus.

2) Specifically, experience in real estate investing/finance is highly desired.

3) loan processing experience.

4) Call center experience.

5) Confidence in handling crucial conversations.

6) Proficient in Microsoft Excel.

7) Connected and excited about new technologies.

8) Love being VERY busy each day and take time to have fun in your role at work.

9) A team player with a focus on succeeding together and also thriving in your individual role and tasks.

10) Not interested in 'just another job' but wants to build a CAREER with our company.

We are going places and we want Rock Stars to come and join us for a great ride up the mountain of success. If you meet each of these or at least most of these, please apply! We are so excited to meet you!

Additional Information

Compensation:

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

Job Type: Full Time

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