Loan Closer - Chicago, United States - Renovo Financial
Description
Position:
Loan Closer
Who We Are:
- oriented approach is just two reasons why our repeat and referral rates far exceed the industry average. Renovo was honored to be named one of Crain's 50 fastest-growing Chicago companies. Come join us, its "win-win"
Position Summary:
Responsibilities:
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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
- Followup on upcoming insurance expirations and get policies updated
Behavioral Characteristics
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Great Attitude:You always come into work with a positive attitude and a "I will find a way to get it done" mentality
-
Proactiveness:The Closer proactively addresses all functions of their closing and post-closing responsibilities.
-
High-energy:Your enthusiasm motivates everyone you collaborate with.
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Leadership:You emulate positive behaviors for the entire POD and lift up those around you.
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Accuracy:The Closer is vigilant in the accuracy of all items they touch (ex. Pre-Close checklist and Client Communication).
Success Factors & Matching Measurements (Measurements to be reviewed Monthly and Bi-Annually)
-
Success Measurement:
- You are able to coordinate approximately 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
Renovo offers a 401k plan with employer matching, paid time off, observance of company paid holidays, medical, dental, vision benefits for employees and their dependents, maternity benefits and more.
Pay:
$40, $60,000.00 per year
Benefits:
- 401(k)
- 401(k)
- Dental insurance
- Flexible schedule
- Flexible spending account
- Health insurance
- Paid time off
- Parental leave
- Professional development assistance
- Referral program
- Retirement plan
- Vision insurance
Schedule:
- Monday to Friday
Education:
- Bachelor's (preferred)
Experience:
- Closing: 2 years (required)
Work Location:
Hybrid remote in Chicago, IL 60606
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