Milocredit21mo ago

Loan Operations, Loan Closer

Miami,MiamiFull-Timemid

OtherLoan Operations Loan Closer

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Quick Summary

Overview

About Milo: Milo is a digital mortgage and lending company for crypto consumers. Milo pioneered the word's 1st crypto mortgage and is the global leader in the space having closed millions $ in mortgages.

Technical Tools

OtherLoan Operations Loan Closer

About Milo:

Milo is a digital mortgage and lending company for crypto consumers. Milo pioneered the word's 1st crypto mortgage and is the global leader in the space having closed millions $ in mortgages. Milo's financial solutions via their technology platform are fast, secure, easy to use, and human. The company is committed to driving the transformation of financial services for today’s world, solving real problems, and making a meaningful impact in people's lives. Always guided by their mission, Milo empowers clients with access to capital that deserve to qualify.

The Opportunity:

The Milo team has an amazing opportunity for an experienced Loan Closer to join our Loan Operations team. The Loan Closer will join our Loan Operations team and will be responsible for closing loans once cleared from underwriting. The Loan Closer will finalize and send out the loan package while driving efficiencies to reduce the time it takes in closing a loan.

Review original closing documents to ensure proper execution

Passionate about working in crypto.

Follow up in a timely fashion to receive all corrections on closing documents.

Partner with Capital Markets team to answer any investor questions.

Develop and maintain work flows for all states of documents preparation, closing, filed documentation, funding of loans, and delivery of loans to investors.

Send out loan package to title agents through loan origination system once Closing Disclosure is approved.

Reviews funding items; disburses funds and issues funding number. Prepares wire transfer for disbursement.

Manage a large loan queue in a timely fashion.

Escalate to management all unresolved issues, where appropriate.

Reviews file for regulatory compliance.

Attend weekly pipeline meetings with to assure loans projected to close are on time

Speak up and suggest improvements wherever you see an opportunity.

Working knowledge of Investor underwriting and funding guidelines in order to assist in loan delivery to partners.

Experience working in Encompass or another LOS.

Experience underwriting and/or closing foreign national loans at a regional bank.

Having a network of other high-quality processors/underwriters/closers that would be interested in joining the team.

Independent and entrepreneurial mindset.

Bachelor’s Degree

5+ years at a bank in their residential mortgage lending department with good knowledge of lending post-closing and quality assurance practices.

Strong written and verbal communication skills.

Must be able to adapt well to a fast-paced and constantly changing business environment.

PC proficient at the intermediate level.

Comfortable with new technology systems and paperless environment, demonstrated an ability to work in a team-oriented environment; demonstrated ability to provide good customer service.