Loan Closer

Job Summary

To ensure compliance with Newtek and U.S. Small Business Administration policies, the full-time Loan Closer will manage the loan closing process, coordinating with various departments and borrowers while maintaining communication and tracking progress towards closing.

Key responsibilities

• Collaborate with origination, processing, underwriting, and legal departments to ensure compliance during loan closings
• Review loan approval documents and establish closing checklists, while managing pre-closing requirements with borrowers and attorneys
• Update data systems, track loan expenses, and prepare funding documentation while ensuring all internal requirements are met prior to closing

Required qualifications

• Bachelor's degree in Finance, Business, or a related field
• Good understanding of Title Reports, Searches, Insurance, Mortgage, UCC, and lease documentation
• SBA Loan Closing experience preferred
• Proficient with file management, spreadsheet, word processing, database, and PDF software
• Experience with Finastra LaserPro preferred