Loan Closer Specialist

2 weeks ago


Los Angeles, California, United States IDB Full time
Job Summary

We are seeking a highly skilled Loan Closer to join our team at IDB Bank. As a Loan Closer, you will play a critical role in ensuring the accurate and timely closing of commercial loans. This is a challenging and rewarding opportunity for a detail-oriented and organized individual who is passionate about delivering exceptional results.

Key Responsibilities
  • Prepare and review closing documents for commercial loans, including CRE, Construction, C&I, and unsecured lines of credit.
  • Coordinate with underwriting, legal, compliance, and other departments to ensure all conditions are met prior to closing.
  • Independently manage the review of preliminary title reports, resolve issues, and request appropriate endorsements for final policies.
  • Communicate with borrowers, attorneys, and third parties to facilitate smooth loan closings.
  • Ensure all loan documentation is complete and accurate.
  • Manage the closing calendar and schedule closing dates.
  • Conduct final reviews and quality checks on closing packages.
  • Ensure compliance with all regulatory requirements and internal policies.
  • Resolve any issues that arise during the closing process.
  • Maintain accurate records of closed loans and update loan management systems.
Requirements
  • Bachelor's degree in finance, business administration, or a related field.
  • Minimum of 5 years of experience in commercial loan closing.
  • Strong knowledge of commercial loan products and closing procedures.
  • Excellent organizational, communication, and problem-solving skills.
  • Ability to manage multiple tasks and meet deadlines.
What We Offer

IDB Bank offers a comprehensive benefits package, including a competitive salary, annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

We are committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming, and inclusive.

If you are a motivated and detail-oriented individual who is passionate about delivering exceptional results, we encourage you to apply for this exciting opportunity.



  • Los Angeles, California, United States IDB Full time

    Job SummaryThe Loan Closer Specialist will be responsible for ensuring the accurate and timely closing of commercial loans. This role involves coordinating with various departments, preparing closing documents, and managing the closing process to ensure compliance with bank policies and regulatory requirements.Key Responsibilities:Prepare and Review Closing...


  • Los Angeles, California, United States IDB Full time

    IDB Bank is seeking a skilled Loan Closer to join our team. As a Loan Closer, you will play a critical role in ensuring the accurate and timely closing of commercial loans. Your responsibilities will include coordinating with various departments, preparing closing documents, and managing the closing process to ensure compliance with bank policies and...


  • Los Angeles, California, United States SummitHR Full time

    Job SummarySummitHR is seeking a highly skilled Mortgage Loan Closer to join our team. As a key member of our mortgage operations team, you will be responsible for ensuring the smooth closing of residential loans.Key ResponsibilitiesAudit and Review: Conduct thorough audits of loan files to ensure completeness and accuracy, adhering to underwriting...


  • Los Angeles, California, United States SummitHR Full time

    Job SummaryAs a Mortgage Loan Closer at SummitHR, you will be responsible for ensuring the smooth closing process of residential loans. This involves auditing files for completeness and accuracy, preparing loan documents, and coordinating with settlement agents to ensure timely and compliant closings.Key Responsibilities• Audit loan files to ensure...


  • Los Angeles, California, United States IDB Full time

    Company Overview IDB Bank has been dedicated to serving our clients for over 70 years, prioritizing their needs above all. Our success is attributed to our exceptional team, comprised of talented professionals who foster a collaborative environment and are committed to delivering outstanding service. We provide a robust benefits package that includes...


  • Los Angeles, California, United States IDB Full time

    Company Overview For over seven decades, IDB Bank has dedicated itself to being the premier banking institution for our clients by prioritizing their needs. Our success is fundamentally attributed to our exceptional team. At IDB, you will collaborate with some of the industry's most skilled professionals who are committed to teamwork and delivering...

  • Loan Closing Expert

    3 weeks ago


    Los Angeles, California, United States SummitHR Full time

    Job Summary:SummitHR is seeking a highly skilled Mortgage Loan Closer to join our team. As a Mortgage Loan Closer, you will be responsible for ensuring the smooth and efficient closing process of residential loans.Key Responsibilities:Audit loan files for completeness and accuracy to ensure compliance with underwriting guidelines.Prepare closing documents...


  • Los Angeles, California, United States IDB Full time

    Position Overview:The Loan Closer plays a critical role in the precise and timely finalization of commercial loans. This position requires collaboration with multiple departments, meticulous preparation of closing documents, and effective management of the closing process to ensure adherence to bank policies and regulatory standards.Key Responsibilities:-...

  • Loan Specialist

    5 hours ago


    Los Angeles, California, United States Insight Global Full time

    Loan Specialist Job DescriptionWe are seeking an experienced Loan Specialist to play a critical role in the processing and underwriting of various loan products, with a primary focus on Bridge Loans, Value Add Loans, and Permanent Portfolio Loans.The ideal candidate will work closely with smaller real estate investors and demonstrate a strong understanding...


  • Los Angeles, California, United States Insight Global Full time

    Loan Specialist/UnderwriterWe are seeking an experienced Loan Specialist to play a critical role in the processing and underwriting of various loan products, with a primary focus on Bridge Loans, Value Add Loans, and Permanent Portfolio Loans.Key Responsibilities:Process and underwrite Bridge Loans, Value Add Loans, and Permanent Portfolio Loans for real...


  • Los Angeles, California, United States BankTalent HQ Full time

    About Us:At BankTalent HQ, we foster a relationship-driven environment where our associates are equipped with the necessary tools, training, and opportunities to cultivate meaningful connections with clients and colleagues alike. Our organizational culture celebrates the diverse experiences, backgrounds, and perspectives of each associate, promoting a...


  • Los Angeles, California, United States IDB Full time

    Job OverviewCompany Overview:IDB Bank has dedicated over 70 years to prioritizing client needs, achieving success through our exceptional team. We foster a collaborative environment where talented professionals thrive, ensuring outstanding service and attention to detail. Our comprehensive benefits package includes generous paid time off, immediate...


  • Los Angeles, California, United States IDB Full time

    For over 70 years, IDB Bank has dedicated itself to being the premier financial institution for our clients by prioritizing their needs. Our success is fundamentally attributed to our exceptional team. At IDB, you will collaborate with some of the most skilled professionals in the industry, all of whom share a strong commitment to teamwork and a passion for...


  • Los Angeles, California, United States Superior Loan Servicing Full time

    Job OverviewRelease Management SpecialistPosition Type: Part-Time, 40 hours per weekCompensation: $19.00 - $24.00 per hourKey Responsibilities:Retrieve recorded lien releases and UCC terminations from the vendor's online portal, ensuring proper documentation is attached to the internal system, including comprehensive file notes and custom field...


  • Los Angeles, California, United States IDB Full time

    Job OverviewCompany Background:For over 70 years, IDB Bank has dedicated itself to being the premier banking institution for our clients by prioritizing their needs. Our success is attributed to our exceptional team, comprised of talented professionals who embody a strong sense of collaboration and a commitment to delivering outstanding service in every...


  • Los Angeles, California, United States IDB Full time

    Job OverviewCompany Overview:For over 70 years, IDB Bank has dedicated itself to being the premier financial institution for our clients by prioritizing their needs. Our success is rooted in our talented workforce, who embody a strong sense of collaboration and a commitment to delivering outstanding service in every detail. We provide a robust benefits...


  • Los Angeles, California, United States IDB Full time

    Company Overview For over seven decades, IDB Bank has dedicated itself to being the premier banking institution for our clients by prioritizing their needs. Our success is fundamentally attributed to our talented workforce. At IDB, you will collaborate with some of the industry's most skilled professionals who embody a strong sense of teamwork and a...


  • Los Angeles, California, United States COMMONWEALTH BUSINESS SYSTEMS Full time

    Loan Operations SpecialistThis role is responsible for handling commercial and personal real estate loans, as well as SBA general loan operations. The ideal candidate will have a strong understanding of loan documentation, funding, and boarding processes.Key Responsibilities• Generate loan documents and process funding and boarding• Handle general loan...


  • Los Angeles, California, United States BBCN Bancorp Full time

    About the RoleWe are seeking a highly skilled Loan Support Specialist to join our team at BBCN Bancorp. As a key member of our Mortgage Banking Division, you will play a critical role in ensuring the smooth operation of our loan processing and servicing functions.Key ResponsibilitiesEnsure that all loan packages are complete and accurate before fundingUpload...


  • Los Angeles, California, United States Royal Business Bank Full time

    Job SummaryWe are seeking a highly skilled Loan Documentation Specialist to join our team at Royal Business Bank. As a key member of our credit administration team, you will be responsible for preparing loan documentation for commercial and industrial, real estate, and construction loans.Key ResponsibilitiesPrepare loan documents using Finastra/LaserPro or...