Business Lending Loan Closer
Compensation
up to $60k/year
Employment type
Full-time
Work setting
On-site
Location
Saint Louis, MO
Schedule
Day shift
Posted
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Job overview
Business Lending Loan Closer is a hybrid remote/in-office, full-time role in Saint Louis, MO. Compensation is described as a competitive base salary up to $60,000 annually. The St. Louis Economic Development Partnership advances economic opportunities and supports business development and finance in the region. The loan closer manages approved commercial loans through closing, coordinating borrowers, lenders, title companies, legal counsel, and agencies. The role prepares compliant documentation and closing packages, monitors loan-program requirements, and helps move financing to completion in support of regional business development.
What you'll do
- Draft, review, organize, coordinate, and manage commercial loan closings
- meet with borrowers and bankers
- prepare loan documents
- review title and lien searches
- coordinate legal review
- file documents, obtain title insurance, and bill expenses
- communicate with SBA and other agencies
- ensure compliance with loan-program requirements
- submit closing packages
- review environmental reports, insurance, and property
- monitor regulatory changes and maintain loan data.
What we're looking for
- Skills & competencies
- business lending loan closercommercial loanssba 504loan closingloan documentationregulatory complianceeconomic developmenthybridsaint louis most. louis economic development partnershipfull-timeup to $60k/year
- Work arrangement
- Weekend coverage required
Benefits & perks
- Paid time off and holidays
- medical, dental, vision, life, and disability insurance
- retirement plan options.
Why this role
Hybrid remote/in-office work environment; salary up to $60,000 annually; bachelor’s degree in a related field and at least two years of related experience or equivalent combination required.
About the employer
St. Louis Economic Development Partnership is hiring for this role. Industry: Administration of General Economic Programs. Sector: 92.
Additional details
- Industry sector
- 92
- Industry
- Administration of General Economic Programs
- Occupation code
- 13-2072.00
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Listing ID: 5afc46c6-fc17-4bff-8057-056db1e539c8