Sr. Loan Closing Coordinator

Company: CBRE
Location: Houston
Posted on: February 1, 2025

Job Description:

Sr. Loan Closing Coordinator

Job ID

203017

Posted

27-Jan-2025

Service line

Advisory Segment

Role type

Full-time

Areas of Interest

Loan Servicing

Location(s)

Houston - Texas - United States of America

About the Role:

Responsible for assisting in the closing of GSE's (Government Sponsored Enterprise): Fannie Mae, Freddie Mac and HUD/FHA multifamily loans. Assists the Loan Closer with the decision-making process in resolving whether due diligence items satisfy lender requirements, and the eventual buyer of the loan or security backed by the loan. Assists in the determination as whether a loan has met all of the conditions required prior to funding and will be instrumental in insuring that all requirements of loan closing and delivery have been met.

What You'll Do:

• Drafts loan applications and commitments as appropriate for the GSE.
• Coordinates the distribution of GSE forms to field offices as needed.
• Tracks loan closings and funding (Coordinate the CAG pipeline).
• Tracks loan and dedication due dates.
• Assists in preparing loan packages for sale of loans in the secondary market.
• Orders third party reports (appraisal, environmental, environmental, seismic, flood determination, etc.).
• Reviews third party reports and ensures reports are in compliance with lender requirements.
• Provides overall support to loan closer and/or team.
• Other duties as assigned.
  
  What You'll Need:
  
  To perform this job effectively, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
  
  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  
  
  • High School diploma or General Education Degree (GED) required.
  • Prior Loan Closing and/or Asset Management related experience within a title company, bank or commercial/residential mortgage banker preferred.
  • Salesperson or real estate brokers license preferred, but not required.
  • Ability to write routine reports and correspondence.
  • Ability to respond to common inquiries or complaints from clients, co-workers, and/or supervisor.
  • Ability to present information to an internal department and/or large groups of employees.
  • Requires basic knowledge of financial terms and principles. Ability to calculate simple figures such as percentages.
  • Working knowledge of Microsoft Suite products including Word, PowerPoint, Excel, etc.
  • Working knowledge of title insurance policies and property surveys, mortgage banking industry, with an emphasis on the loan closing and funding areas.
  • Commissioned Notary Public preferred.
    
    Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future
    
    Why CBRE?
    
    An environment of respect, integrity, service and excellence crafts our approach to every opportunity.
    
    We lead by example, guided by the needs of the cities we inhabit, the communities we build and the world we live in!
    
    We offer a competitive compensation package, complete with benefits (Medical/Dental/Vision/401(k)/Disability/Paid holidays/vacation).
    
    Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
    
    Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company's success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
    
    NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.

Keywords: CBRE, The Woodlands , Sr. Loan Closing Coordinator, Other , Houston, Texas