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Loan Coordinator


Ridhira Living - Building world's largest chain of Wellness ...


Location

Secunderabad | India


Job description

About us,

At Ridhira Group, consisting of Real

Estate, Spa, and an Event location, we are looking to build strong

technology-oriented companies with data-centric decision-making processes. We

believe that people are key to building the organization and are looking for

talented employees who will help us execute this vision. Candidates who are

willing to work in an unstructured and fast-changing environment would be

welcomed.

Overview:

As a Bank Loan Coordinator for a real estate company, your primary responsibility is to facilitate the smooth and efficient processing of bank loans for real estate transactions. You will play a crucial role in liaising between the real estate team, clients, and financial institutions to ensure timely and successful loan approvals.

Attention to detail, strong organizational skills, and an understanding of real estate financing processes are essential for this role.

Key Responsibilities:

1.Client Communication:

Act as the main point of contact for clients seeking financing for real estate transactions.

Communicate with clients to collect necessary financial information and documentation required for loan applications.

Provide clear and timely updates to clients regarding the status of their loan applications.

2.Loan Application Management:

Prepare and submit loan applications to financial institutions, ensuring all required documents are accurate and complete.

Coordinate with internal teams to gather property-related information, such as appraisals and title reports, to support loan applications.

Monitor the progress of loan applications and address any issues or requests for additional information from financial institutions.

3.Liaison with Financial Institutions:

Establish and maintain strong relationships with banks and financial institutions.

Work closely with loan officers and underwriters to facilitate the approval process.

Negotiate terms and conditions of loans to ensure favourable terms for clients.

4.Documentation and Compliance:

Ensure that all loan documentation meets regulatory requirements and internal compliance standards.

Coordinate the signing and notarization of loan documents.

Work with legal and compliance teams to address any issues related to loan documentation.

5.Problem Resolution:

Identify and address any issues that may arise during the loan approval process.

Collaborate with relevant stakeholders to find solutions to challenges and ensure the smooth progress of loan transactions.

Qualifications:

Bachelor's degree in finance, business, or a related field.

Proven experience in 2years in finance, loan processing, or a similar role.

Strong understanding of real estate financing processes and regulatory requirements.

Excellent communication and interpersonal skills.

Detail-oriented with strong organizational and multitasking abilities.

Knowledge of financial modelling and analysis is a plus.

Familiarity with relevant software and tools used in the real estate and finance industry.


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