Regional Bank Loan Closer
1 week ago
Babich & Assoc. is a leading regional bank seeking an experienced Regional Bank Loan Closer to join their team. In this role, you will play a critical part in ensuring the smooth processing of SBA loans from origination to closing. The ideal candidate will have a strong background in loan processing, excellent communication skills, and a keen eye for detail.
Your responsibilities will include creating and reviewing loan requests, reviewing and approving title commitments, surveys, insurance, and other third-party documents. You will also coordinate with customers, attorneys, title companies, lenders, and their assistants to provide top-notch customer service. Additionally, you will submit loans to SBA for approval and prepare SBA Loan Authorization for PLP loans. Your ability to multitask, prioritize tasks, and meet deadlines will be crucial in this fast-paced environment.
Key Responsibilities:
- Create and review loan requests to ensure accuracy and completeness.
- Review and approve title commitments, surveys, insurance, and other third-party documents.
- Coordinate with 3rd party inspectors on construction loans.
- Prepare SBA packaging forms.
- Interact with customers, attorneys, title companies, lenders, and their assistants to provide exceptional customer service.
- Submit loans to SBA for approval and prepare SBA Loan Authorization for PLP loans.
- Schedule and coordinate loan closings to ensure timely completion and funding.
Requirements:
- 5-10 years of experience in SBA 7(a) closing.
- Current knowledge of SPA SOP's.
- Bachelor's degree from a 4-year college or equivalent experience preferred.
Salary Range: $90,000 - $120,000 per year.
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