LOAN CLOSER SPECIALIST

West Sacramento, CA 95691

Posted: 07/12/2019 Employment Type: TempToFT Industry: Real Estate Job Number: 1286867 Pay Rate: $22.00/hour
Loan Closer Specialist needed for busy Non-Profit, West Sacramento client. This is a temporary position with the opportunity for direct hire, for the right person in the Consumer Loan Department. Client will entertain qualified candidates immediately.

Duties:
  • Review and audit new loan applications for completeness
  • Maintain accurate checklists for loan files
  • Assess compliance to policies and procedures and make recommendations as needed
  • Prepare, distribute, track, and monitor commitment letters
  • Work closely with loan officers, escrow officers and borrowers to track and monitor receipt of all incoming pre-closing, closing and post-closing loan conditions
  • Prepare draft loan documents for loan officer review and approval
  • Coordinate closely with title company, borrowers and other funding sources in delivery of loan documents for signature and delivery of initial disbursements
  • Review fully executed loan documents for loan fund readiness
  • Request funds from accounting and initiate ACH and/or wires as needed
  • Prepare appropriate packages for necessary review and approval
  • Work closely with participants to lock loans and delivery of loan guarantee within the lock period
  • Track lock expiration date when loan participants need to purchase USDA guaranteed portion of loan to avoid late delivery fees
  • Update and maintain Loan Application Processing System (LAPS), Nortridge Loan Service Software (NLS), and Loan Origination system during all stages of the loan life cycle, including set-up, Origination, and Loan Closing
  • Complete final audit of all loan files at loan closing

Must: have
  • Preform at proficient level with Word, Excel and Outlook.
  • Knowledge of real estate finance; development and law; lending practices and procedures; and the escrow process
  • Proficiency with personal computer including Microsoft Office, Excel & database systems
  • Significant experience proofreading and editing documents
  • Demonstrate a high level of customer service skills
  • Ability to work independently and in a team environment, and to effectively prioritize multiple tasks
  • Ability to follow detailed instructions
  • Knowledge of public nonprofit associations, agencies and programs a plus
  • Notary Public a plus.
Must be able to provide a minimum of two supervisory references, clear a thorough drug screening, criminal background check and have the ability to provide proper identification to verify eligibility to work in the USA. Other compliance factors may be involved, depending on position. River City Staffing is an Equal Opportunity Employer.
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