Loan Closer Cover Letter

I am excited to be applying for the position of loan closer. Please accept this letter and the attached resume as my interest in this position.

In my previous role, I was responsible for guidance and support to Closing staff as needed, including reviewing loan document orders, title and other transaction documents.

My experience is an excellent fit for the list of requirements in this job:

• General working knowledge of PC and Microsoft Office applications
• Previous knowledge of fixed income/credit and/or exposure to regulations
• Coordinate loan documents with Legal counsel (if needed)
• Confirm budget, escrow closing statements and bank settlement statements are in balance, ensuring fees and expenses are accounted for and outstanding items are identified
• Advanced knowledge of loan documentation, specifically with commercial, business or commercial real estate lending documentation/closing
• Expert knowledge of general loan documentation, loan closing processes and procedures, lending policies, compliance and regulations
• Advanced Knowledge of construction due diligence and risk management requirements
• Knowledge of proper documentation and processing of loans, seeking out necessary assistance from internal and external sources to ensure the building of necessary departmental expertise

In response to your job posting for loan closer, I am including this letter and my resume for your review.

In my previous role, I was responsible for administrative and/or operational support within the one or more of the following loan areas; processing, closing, presentations, servicing, documentation, notes, disbursements, etc.

My experience is an excellent fit for the list of requirements in this job:

• Prepares legal, regulatory and custom closing documentation for the closing agents according to established Company policies and procedures and applicable legal and regulatory guidelines
• Resolves internal and external customer related issues that have escalated past the Closing team
• May assist in testing of system and documentation enhancements
• Provides input to performance reviews and participate in hiring activity
• Closing Team Leader directs and tracks volume of loans received, educates and updates staff on guidelines and company policies
• May perform one-on-one sessions with each Associate on a bi-weekly basis to discuss performance
• Resolves Customer related problems that have escalated past the Closer
• Financial services/securities industry managerial experience in operations and or loan operations

In response to your job posting for loan closer, I am including this letter and my resume for your review.

In my previous role, I was responsible for administrative and/or operational support within one or more of the following loan areas; processing, closing servicing, documentation, notes, disbursements, etc.

Please consider my qualifications and experience:

• Mastery of Laser Pro software and proficiency in Microsoft Office suite
• Thorough knowledge of loan documentation software (Laser Pro) and loan operations system
• Advanced knowledge of legal and regulatory standards affecting the commercial credit function
• Strong working knowledge of complex commercial loan documentation, including trusts and various loan agreements, letters of credit, including knowledge of the UCC and UCP as it related to letter of credit
• Strong knowledge of bank policy and federal regulations, including Article 9 of the Uniform Commercial Code
• Extensive knowledge of the LMA market to include bankruptcy and restructurings
• Experience in distressed closings would be particularly desirable
• Financial services industry experience in Loan Closing/Operations working for a bank, hedge fund, administrator, or prime broker

I am excited to be applying for the position of loan closer. Please accept this letter and the attached resume as my interest in this position.

In the previous role, I was responsible for administrative and/or operational support within the one or more of the following loan areas; processing, closing, servicing, documentation, disbursements, etc.

My experience is an excellent fit for the list of requirements in this job:

• Understanding of syndicated loans including trade closing mechanics and economics, LMA/ LSTA market settlement conventions, Credit Agreements and their operational mechanics
• Familiarity with Freddie Mac systems
• Experience in operational servicing functions preferred
• Experience in Commercial Loan Servicing functions preferred
• Expereince creating documents with laserpro software
• The drafting and reviewing of LMA Par/Distressed trade documents
• Supervises staff, develops, assigns and monitors plans to ensure completion of goals and objectives and meeting deadlines
• Acts as a "trouble-shooter" to ensure efficient Operations, smooth and timely flow of work between the Processing and Closing Team's

In response to your job posting for loan closer, I am including this letter and my resume for your review.

Previously, I was responsible for necessary items and loan documents to loan closing department post-closing.

Please consider my experience and qualifications for this position:

• Take HELOC and Home Equity loan applications and communicate underwriting decisions
• Thorough knowledge and understanding of methods, practices, procedures and terminology used in SBA lending (i.e., processing, underwriting, documentation, compliance, title, escrow, appraisal, funding, loan service, and audit) in addition to a proven track record
• Working knowledge of computer software programs with special emphasis in Word, Excel and LaserPro
• Ensure all loan conditions have been met and prepare loan file along with closing documents for
• TRID Experience
• Actively participates in continuous improvement activities and change initiatives to address corporate and departmental goals
• Attend pipeline meetings regularly and input deals in the pipeline database, maintain accuracy of the pipeline information
• A self- starter, reliable and willing to work as a team member of a rapidly growing organization