Loan Closer
Renovo Financial is a rapidly growing Chicago-based private lender and mortgage servicer focusing on real estate investors. The Loan Closer is responsible for orchestrating smooth loan closings and delivering excellent post-closing customer service, ensuring all parties are updated throughout the process and that clients have an exceptional experience.
Responsibilities
- Order appraisals, order title, & coordinate with insurance agent to bind insurance
- Consistently update all parties involved in the transaction (client, attorneys, agents, title company, etc.)
- Successfully deliver on a smooth closing experience for our borrower and the team
- Proactively reach out to clients and vendors who have no responded to our automatic NPS surveys
- Review and approve entity documentation
- Prepare Loan Closing Package 48 hours in advance of closing
- Review Loan Closing package to ensure it is signed correctly by all parties
- Examine waived/marked up title per Renovo’s legal counsel instructions
- Authorize Funding for the Transaction
- Ensure all approved modifications and extensions are signed timely and appropriately
- Follow-up on upcoming insurance expirations and get policies updated
Skills
- Experience in coordinating loan closings
- Strong customer service skills
- Ability to manage multiple tasks and prioritize effectively
- Proficiency in reviewing and preparing documentation
- Excellent communication skills to update all parties involved in the transaction
- Ability to work in a fast-paced environment
- Attention to detail to ensure accuracy in documentation and compliance
- Ability to work collaboratively within a team
- Proficiency in using technology and software related to loan processing
Company Overview