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Closing Coordinator
2 months ago
**Company Overview**:
Brick City Capital is a premier real estate business purpose lender specializing in providing swift and flexible financing solutions to real estate investors and developers. Our commitment to excellence and innovation has made us a trusted name in the industry. We are currently seeking a detail-oriented and experienced Loan Closer to join our team and ensure the seamless closing of our loan transactions.
**Position Overview**:
**Key Responsibilities**:
- **Document Preparation**:_
- Review and verify loan terms, conditions, and borrower information.
- Prepare BLAA, funding template, and amortization table,
- Ensure compliance with all state and federal regulations pertaining to loan closing.
- **Coordination with Warehouse Lending Partners**_
- Upload partner specific closing collateral
- Confirm loan/advance amounts and funding date.
- Initiate wire requests.
- **Coordination and Communication**:_
- Coordinate with borrowers, brokers, title companies, attorneys, escrow agents, and internal departments (Loan Officers & Capital Markets) to facilitate the loan closing process.
- Schedule and confirm closing dates with all parties involved.
- Address any issues or discrepancies that arise during the closing process promptly and efficiently.
- **Closing Process**:_
- Review loan closing documents, ensuring all required signatures are obtained and documents executed correctly.
- Approve disbursement of loan funds in accordance with company policies and procedures.
- **Post-Closing Duties**:_
- Assemble preliminary post-closing package for pass-off.
**Qualifications**:
- **Experience**:_
- Minimum of 1-2 years of experience in loan closing within the real estate lending or real estate finance industry.
- Proven experience with the entire loan closing process from start to finish.
- **Skills**:_
- Strong understanding of real estate finance and hard money lending practices.
- Exceptional attention to detail and organizational skills.
- Ability to manage multiple tasks and deadlines effectively.
- Proficient in loan processing software and Microsoft Office Suite.
- Excellent communication and interpersonal skills.
- **Education**:_
- Bachelor’s degree in finance, business, real estate, or a related field preferred.
Pay: $49,196.00 - $53,068.00 per year
**Benefits**:
- Dental insurance
- Health insurance
- Paid time off
Physical setting:
- Office
Schedule:
- 8 hour shift
- Monday to Friday
**Experience**:
- Customer service: 1 year (required)
- Lending: 1 year (required)
Ability to Commute:
- Newark, NJ 07102 (required)
Ability to Relocate:
- Newark, NJ 07102: Relocate before starting work (required)
Work Location: In person