Loan Closer

Overview

Orchestrate loan closings and deliver post‑closing client service.

Key Responsibilities

• loan coordination
• closing review
• appraisal order
• insurance coordination
• funding authorization
• vendor entry

Tasks

The Closer has two primary responsibilities; to orchestrate a smooth closing on new loans & deliver excellent post-closing customer service. They are expected to zero-in on a closing date and ensure that all necessary parties are consistently updated throughout the loan application process. Post-closing, they assist their Renovo POD in ensuring the client’s insurance is up to date, extensions are received, and modifications get signed in a timely manner. The Closer is empowered to ensure the client has an amazing experience, with the goal in mind that the client can’t imagine a world without Renovo. This position is eligible for overtime. -You are able to coordinate approximately 20 - 25 loan closings a month -Follow-up on upcoming insurance expirations and get policies updated -Review Loan Closing package to ensure it is signed correctly by all parties -Examine waived/marked up title per Renovo’s legal counsel instructions -Ensure all approved modifications and extensions are signed timely and appropriately -Review and approve entity documentation -Proactively reach out to clients and vendors who have no responded to our automatic NPS surveys -Authorize Funding for the Transaction -Vendor Contact Entry: Ensure a minimum of 70% of affiliated vendor contacts are entered into the NPS Object for Purchase transactions -Successfully deliver on a smooth closing experience for our borrower and the team -Prepare Loan Closing Package 48 hours in advance of closing -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.)

Requirements

• nps
• response
• proactiveness
• accuracy

What You Bring

-NPS Score: 80+ & Response rate of 60% -Proactiveness: The Closer proactively addresses all functions of their closing and post-closing responsibilities. -Accuracy: The Closer is vigilant in the accuracy of all items they touch (ex. Pre-Close checklist and Client Communication).

People Also Searched For

Benefits

Renovo offers full-time employees a 401k plan with employer matching, paid time off, observance of company paid holidays, medical, dental, vision benefits for employees and their dependents, voluntary benefit offerings (life insurance and short-term disability), pre-tax FSA, commuter and dependent care benefits, maternity/paternity, hybrid work schedule, and more. -Post-Closing Compliance – 0 Force Placed Insurance or Maturity Defaults at the end of the month -Great Attitude: You always come into work with a positive attitude and a “I will find a way to get it done” mentality

About Renovo Financial

-Founded with a mission to offer customized financing solutions to real estate investors and developers. -Specializes in funding for residential and commercial property renovations, developments, and projects. -Offers flexible loan structures tailored to the unique needs of the real estate sector. -Provides financial options to help investors maximize returns and streamline property transactions. -Possesses expertise in real estate lending, making it a trusted partner for large-scale renovation projects. -Focuses on providing quick access to capital for time-sensitive property opportunities. -Known for a transparent, hands-on approach in guiding clients through the financial process. -Works with both seasoned developers and those new to the real estate market.

Sector Specialisms