Loan closer Jobs in Los Angeles, CA

Principal Duties :

ESSENTIAL FUNCTIONS include the following. Other duties may be assigned.

• Manage a high-volume loan pipeline and ensure loans close as scheduled and in compliance.
• Ensure third-party vendor orders are placed and received within agreed upon Service Level Agreement (SLA).
• Conduct quality control of transactional documents such as title commitments, purchase contracts, escrow instructions, deeds, closing statements and other documentation common to purchase and refinance transactions. Familiarity with assignments, double escrow, cash purchases, auction purchases, non-arm's length transactions and other non-traditional circumstances is a plus.
• Coordinate lien resolution with title (and third parties) such as city liens, substandard liens, subordinate liens.
• Prepare and submit complete loan files for asset underwriting.
• Pipeline management and collaboration with multiple internal departments for closing including Evaluations, Asset and Construction Underwriting, Docs and Legal.
• Update internal loan processing system which include data fields, transactional documentation, and notes.
• Responsible for requesting and reviewing prior to doc, prior to funding and post-closing conditions.
• Responsible for releasing loan documents and coordinating signing with Notary Public as needed.
• Demonstrates problem solving skills and sound judgment by gathering and applying relevant data to research and resolve issues.
• Perform functions to move loans quickly through the pipeline, including but not limited to :

Input and request title, escrow, insurance, flood certification.

Education and Experience

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Knowledge, Skills, and Abilities