Job Description
Job Description
Title: Loan Closer
Location: Des Plaines, IL
Assignment Type: 3- month contract with potential for extensions
Compensation: $30.00 - $35.00 / Hourly depending on relevant experience
Benefits: This position is eligible for medical, dental, vision, and 401(k).
***Must be located in the Chicagoland area!!
We are seeking a detail-oriented Loan Closer to join our clients lending team! This role is responsible for guiding loans through the final stages of the closing process, ensuring documentation is accurate, complete, compliant, and ready for funding.
· Drive the loan closing process from approval through funding, ensuring all documentation is accurate, complete, and ready for execution.
· Manage closing checklists and monitor outstanding requirements to keep loan files moving forward and meet funding deadlines.
· Partner with borrowers, lenders, attorneys, title companies, and escrow teams to gather documentation and quickly resolve closing or collateral issues.
· Examine commercial loan and collateral packages to confirm accuracy, proper execution, and compliance with established lending requirements.
· Prepare loan modifications, buydowns, and other legal documents while coordinating the recording process with title companies.
· Conduct final file reviews and audits after funding to ensure all required documents and conditions are satisfied before files are archived.
· Build strong borrower relationships by serving as a knowledgeable and responsive resource throughout the closing process.
Qualifications
- Previous experience in loan processing, loan closing, commercial lending, or a related banking environment.
- Strong understanding of loan documentation, closing procedures, collateral, and funding requirements.
- Excellent attention to detail with strong organizational and follow-up skills.
- Ability to manage multiple loan files and meet deadlines in a fast-paced environment.
This is a great opportunity for an experienced accounting professional seeking a dynamic role with a reputable company that values teamwork, accuracy, and continuous improvement.
Why choose Addison Finance and Accounting?
- Pay: We negotiate high salaries using U.S. Bureau of Labor Statistics
- Benefits & Bonuses: You are eligible for medical, dental, vision insurance benefits, 401K, and monetary bonuses
- Connections: You connect directly with hiring managers from renowned organizations
- Options: You are presented multiple employment options near your home
- Professional Development: You are provided hiring process advice, resume revision, and employment term negotiation
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.
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