Join a fast growing start up changing the real estate investing industry!

Backflip is a venture-backed real estate FinTech company that supports entrepreneurs to acquire and renovate single family homes, thereby reinvigorating the housing supply and their local communities. The company offers purpose-built technology via their app and capital products to source and finance residential real estate investments. Backflip is an all-in-one platform providing entrepreneurs with the technology, data, and financing strategies that allow them to scale their business.

Backflip is seeking a Loan Closer for our business-purpose Processing Team. Backflip originates real estate investment loans (not consumer loans). As an early hire, this individual will play a critical role in ensuring Backflip has a best-in-class closing operation that is borrower-friendly, detail oriented, operationally efficient and designed to scale. They will also play a key role in ensuring Backflip’s Culture continues to be enlivened in the operation.

This position is remote (U.S.) and a rare opportunity to get in on the ground floor (~60 person team) working directly with senior leaders in a well-capitalized startup with a great culture (Check out our recently announced $15M Series A).

Join a fast growing start up changing the real estate investing industry!

Compensation for this role includes a $70,000 annual salary with a $60/per file commission incentive, and is based on a variety of factors including prior experience, geographic location, stock option grant, and other factors, and may fall outside of the stated range for certain candidates. In addition to a competitive market salary, Backflip employees receive equity stock options, paid health care, and a 401K + company match, among other industry-leading benefits.

What You’ll Do:

Ensure our members have an efficient and positive closing experience

Draw loan documents with a high level of accuracy

Coordinate with closing agents to ensure the loan is accurately balanced and cleared for closing

Partner with the processor to ensure all final loan conditions are cleared prior to funding

Verify all wiring instructions prior to requesting the funding wire

Review executed loan documents to ensure all documents are present and properly signed

Finalize the file in the operating system to ensure the post-close team is set up for success

Understand that Backflip is an evolving company and at times there will be changes to the standard operating procedures that are currently in place

Qualifications:

2+ years of mortgage closing experience, directly interacting with borrowers; experience with fix-and-flip or construction loans a plus

Proven understanding of loan package components (mortgage, note, agreement, etc.)

Solid knowledge of real estate documents like purchase agreements, addendums, affidavits, and POAs

Experience balancing closing statements for accurate settlements

FinTech or startup experience a plus

Ability to multi-task with exceptional time management, prioritization and attention to detail

Exemplary computer skills - demonstrated ability and desire to learn new technologies (we use Slack + Notion + Google Workspace + Front + HubSpot + more)

Comfortable in a small, relatively unstructured office environment (we are remote)

Excellent verbal and written communication skills with appropriate urgency to various audiences

General understanding of basic investment concepts (or demonstrated desire to learn); comfortable performing basic math calculations

Self-motivated, coachable, and highly collaborative; takes ownership of tasks and pride in work product; details matter

High integrity, dependable, accountable, humble, and respectful

This candidate will champion Backflip’s culture & Core Values:

Raise the standard of what is possible

Embrace being the novice to become the master

Work only with those who want the best for us

Communicate quickly, naturally and with radical candor

Test new things to invent and challenge the status quo

Today, nay now!

All Backflip positions are Remote. Like the people we serve, we believe being free to create wherever you’re most inspired is one of life’s greatest joys. It’s better for individuals, for community, and for fostering great work to emerge. With our work-from-anywhere approach, Backflip brings together a diverse team of individuals, with passions for innovation, art, coding, AI, data, finance, film, real estate, the environment, learning and teaching. Together, we're moving fast.

Backflip is an equal opportunity employer. We know that building a world-class organization is not possible without an intentional focus on recruiting, empowering, promoting and rewarding the best and brightest people of all backgrounds. Backflip focuses on hiring individuals that align with its Core Values (listed above), and consistently display a high ethical standard, both personally and professionally.

This role is not eligible for visa sponsorship.

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What You’ll Do:

Qualifications:

This candidate will champion Backflip’s culture & Core Values: