Homeoffice SBA Loan Closer bei Get Evolved

Job Description:

The SBA Loan Closer is responsible for facilitating the timely processing & closing of SBA loans from credit approval to funding, including ordering and/or reviewing third party reports, coordinating closing dates, managing communication with all parties to the transaction (borrower, closing counsel, title agency, etc.), preparing and/or reviewing closing documents for accuracy, and ensuring closing documentation is in alignment with SBA loan authorization. In some cases, the Closer is also responsible for some post-closing duties (clearing exceptions, etc.) before the loan is passed on to loan ops/compliance.

Main Job Tasks and Responsibilities:

• Reviews and completes all necessary documentation for SBA packaging file. 
• Prepares CLP submission package to the SBA. 
• Generates Closing Checklist and coordinates initial kickoff call with borrower, BDO and attorney. 
• Works closely with borrower, BDO and attorney to ensure smooth closing process. 
• Responsible for timely communication with Borrower of missing items needed to complete loan closing.
• Maintain control over loans(s) in process to detect any potential and/or developing problems and ensure all department managers are inform of the issues.
• Orders tax transcripts, UCC/Federal/State/County preliminary lien searches, title commitments and request from borrower the essential loan documentation as indicated by Underwriter and/or EB&T procedures to ensure completeness of loan files. Pays SBA Guaranty Fee in accordance with SBGA SOP.
• Reconcile equity injection and make final verification determination.
• Knowledge and review of AIA contracts, permits, builder’s risk and other construction documents.
• Works with SBA Construction Coordinator to ensure smooth handoff on construction and multi disbursement projects. 
• Builds electronic loan folder and scans loan documents into electronic scanning system.
• Follow internal audit procedures to ensure file is property documented and scanned into electronic scanning system.
• Other support duties as assigned by Closing Manager.

Education and Experience:

• Minimum 2 years SBA loan closing experience.
• 2-6 years commercial loan closing or relevant lending experience.
• Demonstrated knowledge of the SBA 7A boilerplate, Authorization Wizard, and working knowledge of the SBA SOP are required.

Key Competencies:

• Skilled with Microsoft Word, Excel, Outlook and related software applications.
• Good verbal and written communication skills.
• Well organized; ability to multi task; attention to detail.
• Ability to prioritize and work well under pressure.
• Must be able to work in a team environment and adapt to change.
• Ability to manage multiple projects and deadlines simultaneously in a fast paced environment, high production, professional environment.
• Friendly, strong interpersonal and communication skills.