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Loan Closing Coordinator
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- Job Summary: The Loan Closing Coordinator provides client relationship and loan management services for commercial/multifamily loans from approval through closing.
- The Loan Closing Coordinator is primarily responsible for maintaining complete and correct closing documentation and they maintain positive and productive relationships with internal and external customers, including borrowers, attorneys, participating lenders, and third-party service providers.
- Identifies appropriate closing diligence requirements/checklist with Loan Underwriter and outside legal counsel post-approval.
- Reviews all diligence submitted by borrower for accuracy and works with legal counsel to communicate any additional requirements to borrower and their counsel.
- Prepares timely notification to Loan Servicing and Loan Portfolio Management of loan's closing and funding and ensures that the loan files and relationships are transitioned appropriately.
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