Job Description
Note: The job is a remote job and is open to candidates in USA. NewtekOne, Your Business Solutions Company, is a financial holding company providing a wide range of business and financial solutions to the small- and medium-sized business market. They are seeking a Loan Closer responsible for ensuring loan closings comply with Newtek and U.S. Small Business Administration policies, while coordinating with various departments and maintaining communication with borrowers. Responsibilities Work closely with origination, processing, underwriting, construction, legal and quality assurance departments to ensure loan closings are in compliance with Newtek and SBA policies Review loan approval letter and credit write-up, to establish the closing checklist in conformity with loan approval Work with borrower and Newtek attorney to obtain and review pre-closing requirements Keep in touch with borrower via phone calls minimum of two times a week and via email multiple times a week Order lien, judgement, bankruptcy, certificate of good standing, flood determinations upon receipt of good faith deposit Coordinate with attorney any loan modifications necessary that arise during the closing process for attorney submission to Underwriting Collect and review pre-closing requirements and keep management informed of progress to loan closing; make best efforts to collect all pre-closing requirements at least five (5) business days before proposed closing date Prior to scheduling loan closings, ensure all internal departments closing requirements have been cleared for closing Order site visits prior to closing Update all applicable data systems as to any activity on loan Track expenses for each individual loan Prepare funding documentation Other duties as assigned Skills Good understanding of Title Reports, Searches, Insurance, Mortgage, UCC, and lease documentation Proficient with file management, spreadsheet, word processing, database and PDF software Strong organizational, verbal and written communication skills Ability to establish and maintain effective business relationships Ability to manage a large volume loan queue Ability to meet tight deadlines Bachelor's degree in Finance, Business or other related field SBA Loan Closing experience preferred Finastra LaserPro experience preferred Company Overview NewtekOne has helped businesses grow since 1998. It was founded in 1998, and is headquartered in New York, New York, USA, with a workforce of 201-500 employees. Its website is