Loan Closer
Core
Lead and coordinate the administrative and documentation processes required to close commercial real estate loans accurately and efficiently.
Role type
Senior Loan Closer (Commercial Real Estate)
Builds
Commercial real estate loan closings
Domain
Commercial Real Estate / Credit Lending
Deliverable
client delivery
Required skills
Commercial real estate loan documentation, loan closing workflows, transaction management, fee/rate/payoff/escrow calculation, third-party report management, compliance verification, file documentation management, stakeholder coordination
Preferred skills
Paralegal or legal-documentation experience, process improvement implementation, third-party vendor management
Technologies
N/A
Responsibilities
Lead and coordinate the loan closing process from approval through funding; Ensure loan documents are finalized and consistent with approved business terms; Ensure accuracy of fees, rates, payoffs, escrows, impounds, and reserve figures; Manage third-party reports and confirm all material findings are addressed; Track and collect all borrower closing deliverables; Confirm all compliance-related closing items are completed; Maintain complete file documentation including business approvals and external counsel approvals; Coordinate closely with originations, legal, underwriting, servicing, operations, and external counsel; Help identify and implement process improvements to make closings more efficient; Support post-closing file organization and handoff
Seniority
Mid-Senior, hands-on IC