Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). We harness the power of data & technology to offer our customers a simpler, more reliable, and faster way to access the capital they need to scale their businesses.
Formerly known as LendingHome, we’re committed to helping REIs revitalize the approximately $25 trillion worth of aged U.S. housing stock to provide move-in ready homes and rental housing for millions of Americans across the country.
Combining our technology and industry expertise, Kiavi has grown to a team of over 400 and has won many awards over the years including Forbes Fintech 50, Finovate Awards, Best Digital Mortgage Platform, Fast Company’s Most Innovative Companies, and many more.
- Loans Funded: $18+ billion in loans funded
- Homes financed: 71,000+ projects funded for our customers across the country
- Geography: 31 states + D.C. where we lend to REIs so they can revitalize neighborhoods
- Employees: Over 400 employees with competitive benefits and perks
This role is remote, however, we require this team to be located in the Pittsburgh, PA area for trainings and team building activities in our Pittsburgh office.
The Role
The objective of the closing department is to efficiently bring a loan transaction to closure by accurately drawing documents both to the requirements of our investors and to the request of our borrower clients. They must also protect the company integrity through thoughtful review of all closing conditions and requirements involving, but not limited to accurate reconciliation of fund disbursement, on point communication to all settlement agents, and timely coordination of 3rd party documents (hazard insurance, flood insurance, and title commitments). The Funding Specialist is responsible for guiding our loans after the loan closing documents have been prepared through the funding and closing of the loan. Along the way, you will foster relationships with our closing agents, brokers and borrowers, as well as internal team members as you work with them to make the process of borrowing through LendingHome smooth and simple.
Responsibilities
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Work with the loan origination team, closing agents and borrowers to ensure a quick, accurate and pleasant closing experience
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Ensure timely and accurate processing of loans once the loans enter your queue, including but not limited to:
- Reviewing signed closing documents to ensure all documents are present and have been signed properly and ensure all conditions have been met
- Requesting wire to be sent
- Following up for any post closing documents
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Speak up and suggest improvements wherever you see an opportunity
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Adhere to and comply with all applicable federal and state laws and company policies
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Perform other duties and responsibilities as required or as assigned by the supervisor
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Propose improvement to our closing process, to make it as efficient and pleasant as possible
Qualifications
- You have an Associate or Bachelor’s degree, or
- 3-5 years experience in document drawing and/or funding; escrow officer or insurance agent experience a plus
- Track record as a self-starter, with excellent time management skills, and a strong desire to learn
- You have the ability to define problems, collect data, establish facts and draw valid conclusions
- You have excellent written and oral communication skills
- Open to feedback, comfortable speaking up and asking questions and able to follow a proven process
- You are flexible and can work in a dynamic environment of rapid change in procedures and prioritization
- You have excellent technology skills, including: Microsoft Word & Excel, Google Docs & Sheets, Adobe Acrobat; and you love learning new technology
- If you have experience in the residential or business purpose mortgage space (post closing or loan operations), that’s excellent. If not, we have a training program designed to build skills you’ll use throughout your career and life
Kiavi takes a market-based approach to pay, and pay may vary depending on your location. The expected annualized base pay range for this full-time role to be performed remotely is $48,100 - $67,900 + $5,500 variable bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries. Within the range, the successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. Your recruiter can share more about the specific base pay range for your preferred location during the hiring process. Please note that the pay range listed above reflects the base salary only, and does not include the target value of bonus or benefits.
Benefits and Perks
- Medical, Dental, and Vision Insurance: Kiavi offers free employee-only coverage for medical, dental, and vision plans. Dependents receive a heavily discounted premium, competitively placed in the 90th percentile for cost.
- Health Savings Account (HSA): For those enrolled in a High Deductible Health Plan (HDHP), Kiavi provides an annual employer contribution to HSAs: $500 for individual coverage and $1,000 for dependents.
- Disability and Life Insurance: Immediate access to short-term and long-term disability insurance, as well as group life and AD&D insurance, with coverage at 1x annual salary.
- Remote Work Policy: Kiavi supports working remotely for day to day activities for most roles and occasionally may ask employees to gather in person for key meetings, trainings, team building etc. For remote workers, Kiavi offers a one-time office setup reimbursement of up to $500 and a monthly $75 stipend for internet and phone expenses. For in-office workers, Kiavi offers employer contributions to commuter benefits account, either for parking or public transportation.
- Flexible Time Off: Employees are empowered to manage their own time off, with no strict limits, as long as it’s approved by their manager.
- Paid Leaves: Up to 8 weeks of paid leave for medical or caregiver purposes, and 12 weeks of paid maternity/paternity leave. Short-term disability leave is also available for birthing mothers.
- 401(k) & Company Match: A 401(k) plan managed by Fidelity, with Kiavi matching 100% of contributions up to 3% of compensation or $4,000 (whichever is less). All employer contributions are immediately vested.
- Product Ownership: All employees think like an owner because all employees play a critical role in making our business great. Many roles are eligible for stock option grants.
Kiavi in the News:
- Comment start HousingWire: 2023 HW Tech100 Winner: Kiavi
- PropTech Connect: Kiavi Closes $209M To Grow Its Funding Capacity
- CrowdFund Insider: Kiavi Closes $158M Revolving Securitization of Residential Transition Loans
- Mortgage Professional America: Real investors’ lender Kiavi achieves milestone
- Inc Magazine: 2022 Best Places to Work: Kiavi
If you’d like to see more about what Kiavi has to offer or explore additional opportunities, visit our careers page.
Kiavi is an Equal Opportunity Employer[
San Francisco Fair Chance Ordinance Police Code, Article 49](http://sfgov.org/olse/sites/default/files/FileCenter/Documents/11600-Art%20%2049%20Official%20Notice%20Final%20091114.pdf)
