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Post Closing Specialist - Commercial

ReadyCap Commercial offers a positive and diverse work culture incorporated with people who are passionate about their careers. We pride ourselves in being viewed as a premier place to work and encourage you to view our Post Closing Specialist opportunity.

Job Summary:

• Display critical decision making skills when determining post-closing requirements for assigned loans.
• Must exhibit expertise when working with title policy requirements and collateral shipping operations.

Summary of Essential Job Functions:

  • Create post-closing checklist and follow up on pending items to complete and finalize assigned loans.
    o Prepare collateral files for approval and shipment to collateral custodian.
    o Coordinate recording of assignment documentation with county recorder.
    o Maintain shipping records and follow-up on missing/trailing documents with appropriate entity.
    o Follow-up, review, and approve final title policies in accordance with ReadyCap Commercial, LLC policy.
    o Follow-up on all post closing credit and/or closing conditions, ensuring timely completion.
    o Obtain Customer Satisfaction Surveys and update results into tracking system.
    • Provide back up support to the Loan Processors, Loan Administrators and Loan Closers.
    • Adhere to turn time requirements.
    • Additional duties as requested by Management.

Primary Success Measurements:

  • • Average number of monthly “post-closing complete” on funded loans
    • Timing requirements on receipt of trailing documents
    • Timing requirements on forwarding of complete collateral packages to collateral custodian and boarding packages to sub-servicer
    • Quality control error percentage

Education and/or Experience:

  • Bachelor’s Degree preferred.
    • Minimum of 1-2 years mortgage lending experience and/or relevant work experience in a functional support role preferred, or equivalent combination of education and experience

Knowledge and or Skills:

  • • Operate standard office equipment/computer.
    • Proficient in Microsoft Office Suite, working with Word and Excel or similar spreadsheet software.
    • Type accurately at a speed necessary to meet the requirements of the position.
    • Organize work, set priorities and exercise sound independent judgment within established guidelines.
    • Interpret, apply, explain and reach sound decisions.
    • Ability to maintain files and records.
    • Ability to prioritize and perform multiple tasks..

Reasoning Ability: 

  • Ability review information and solve problems quickly.
  • Strong ability to manage time.
  • Achievement oriented, takes initiative, and ability to take direction.

ReadyCap Commercial is a non-bank, direct portfolio lender offering financing for small balance commercial investment, conventional owner user, SBA 504, multifamily and bridge loan programs nationwide. Available financing ranges from $750,000 to $10 million. With concierge-like personal attention, ReadyCap is set apart by its credit decisions, processing speeds and common-sense, solution-oriented underwriting.  We see lending differently!

ReadyCap offers a full range of benefits, including competitive salary, comprehensive health plans to choose from including dental, vision coverage, company-paid life & disability insurance policies, business casual dress and a great culture!

ReadyCap is an equal opportunity employer (EOE)!

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