Closing Coordinator, Rental Lending

Casa Lending Closing Coordinator

Casa Lending is the leading lender enabling professional real estate investors to take their business to the next level and scale to new heights. We offer a variety of hard money and long-term loans to meet your real estate financing needs. Whether you're a fix and flip investor, a new construction professional, looking for portfolio loans, or holding long-term rentals, we have the flexible capital you need to grow and scale your business.

At Casa Lending, we pride ourselves on providing exceptional borrower experience and maintaining healthy loan performance. As a Closing Coordinator, you are responsible for ensuring a smooth, accurate, and efficient loan funding process. This role involves verifying documentation, coordinating with various stakeholders, ensuring compliance with company and regulatory policies, and maintaining strong relationships with title companies, closing attorneys, internal stakeholders, and other partners. This role plays a crucial part in ensuring that funds are correctly disbursed and that all transactions comply with established guidelines.

What You'll Do:

Loan Funding:

• Verify the accuracy and completeness of loan files, including title reports, insurance, and other trailing qualification documentation. Identify any outstanding items and ensure the appropriate parties are aware before the loan can be funded.
• Accurately prepare closing documents and coordinate with third parties to balance an accurate settlement statement. Oversee the timely preparation and delivery of these documents to minimize delays and optimize the closing process.
• Thoroughly review all signed loan documents for accuracy, completeness, and inclusion of all required documentation before authorizing the release of closing funds.
• Collaborate with Builders Capital's Treasury team to confirm the source of funds and request funding once all required conditions have been met.
• Ensure that loan proceeds are disbursed accurately and timely to the appropriate parties, such as escrow companies, borrowers, or third parties.
• Act as a liaison between the lending institution, title companies, closing attorneys, and internal stakeholders to resolve issues promptly and streamline the funding process.
• Assist in identifying potential issues and escalate to senior members or management as needed.
• Create and maintain internal documents and reports related to loan funding activities.

General:

• Maintain positive working relationships with all relevant stakeholders to ensure high-quality loan origination and an expedited post-closing process, enabling the timely and efficient disposition of loans to capital partners.
• Track and analyze key performance indicators (KPIs) related to post-closing and lock desk functions, recommending adjustments to improve turnaround times and customer satisfaction.
• Contribute to the ongoing development and improvement of funding, and post-closing procedures, leveraging feedback and data to enhance overall efficiency.