Loan Closer

Park Place Finance, LLC

About The Position

We are seeking an experienced, detail-oriented Loan Closer to join our Operations team. This individual will be responsible for coordinating all aspects of the loan closing process for our Business Purpose Loan products, including Residential Transitional Loans (RTL), Bridge, Ground-Up Construction, DSCR (non-consumer), and Portfolio loans. The Loan Closer will prepare and manage closing packages, coordinate with title companies, attorneys, escrow officers, warehouse lenders, and internal stakeholders, and ensure all closing conditions have been satisfied prior to funding. The ideal candidate has experience closing private lending or non-QM loans and is proficient with document preparation platforms such as Lightning Docs.

Requirements

3+ years of loan closing experience in private lending, hard money, non-QM, or Business Purpose Lending environments
Experience coordinating closings for RTL, Bridge, Ground-Up Construction, and/or DSCR loan products
Strong understanding of title, escrow, settlement statements, insurance, and funding requirements
Experience reviewing legal loan documentation for accuracy and completeness
Knowledge of residential investment lending and entity borrowers (LLCs, Corporations, Trusts)
Exceptional organizational skills with the ability to prioritize a high-volume pipeline
Strong attention to detail and commitment to accuracy
Excellent communication and relationship management skills
Ability to work independently while collaborating effectively across departments
Proficiency with Microsoft Office, Adobe Acrobat, and electronic document management systems

Nice To Haves

Experience with Loan Origination Systems (e.g., LendingWise, Encompass, Salesforce, or custom LOS platforms)
Experience with self-drawn docs (Lightning Docs, DocMagic, etc)
Experience with warehouse lending and funding coordination
Familiarity with investor purchase requirements and post-closing delivery processes
Experience working with brokers and correspondent lending channels
Understanding of construction draw processes and rehabilitation loan structures

Responsibilities

Coordinate the closing process for Bridge, Renovation, Ground-Up Construction, DSCR, and Portfolio loans from clear-to-close through funding
Generate and review loan documents using Lightning Docs or similar document preparation software
Ensure loan documents accurately reflect approved loan terms and comply with company, investor, and regulatory requirements
Review final title commitments, insurance policies, settlement statements, and closing packages for accuracy
Coordinate with title companies, escrow officers, attorneys, brokers, borrowers, warehouse banks, and internal departments to schedule and facilitate timely closings
Confirm all underwriting and funding conditions have been satisfied prior to document release
Review executed closing documents for completeness and accuracy prior to funding
Resolve documentation discrepancies and closing issues quickly while maintaining established service levels
Coordinate funding requests and communicate funding authorization with internal finance and treasury teams
Maintain accurate loan records and closing documentation within the Loan Origination System
Ensure all post-closing documentation is complete and delivered to servicing, investors, or custodians as required
Work closely with Processing, Underwriting, Servicing, and Capital Markets to provide a seamless borrower experience
Manage multiple transactions simultaneously while consistently meeting closing deadlines