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Loan Closer

Rf Renovo Management Company Llc

ChicagoHybrid8mo ago
Employment
Full-time

About the role

  • Customer Service
    • 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.)
    • Successfully deliver on a smooth closing experience for our borrower and the team
    • Proactively reach out to clients and vendors who have no responded to our automatic NPS surveys
  • Documentation
    • Review and approve entity documentation
    • Prepare Loan Closing Package 48 hours in advance of closing
    • Review Loan Closing package to ensure it is signed correctly by all parties
    • Examine waived/marked up title per Renovo’s legal counsel instructions
    • Authorize Funding for the Transaction
  • Post-Closing Customer Coordination
    • Ensure all approved modifications and extensions are signed timely and appropriately
    • Follow-up on upcoming insurance expirations and get policies updated
  • Success Measurement:
    • You are able to coordinate approximately 20 - 25 loan closings a month
  • Success Measurement:
    • NPS Score: 80+ & Response rate of 60%
  • Success Measurement:
    • Vendor Contact Entry: Ensure a minimum of 70% of affiliated vendor contacts are entered into the NPS Object for Purchase transactions
  • Success Measurement:
    • Post-Closing Compliance – 0 Force Placed Insurance or Maturity Defaults at the end of the month

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