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Part Time Commercial Loan Closer

Company: Aerotek
Location: Auburn
Posted on: February 14, 2021

Job Description:

A client of ours has an immediate opening for a Permanent Income Property Loan Closer with a commitment to a minimum of a 20 to 24 hour work week. The position is currently remote but will eventually transition back into the office (must live in the Greater Seattle Area).Primary Responsibility:Closing income property loans accurately and in compliance with the loan approval and other WCRA requirements and supporting construction contracts. The ideal candidate will be able to interpret the work climate and adjust their workload accordingly.Reviews Loan Commitment, Underwriters guidelines, and Loan Approval to determine what items or documentation are necessary to facilitate closing, review items and confirm they conform to the WCRA requirements.Prepares Loan Documents in draft form. After review makes corrections and initiates signing either via escrow or directly with the borrower, notarizes documents as necessary. Complete counsel prepared templates for certain transactions.Completes all procedures in compliance with loan closing desk procedures.Borrower and Third Party Documents are in agreement with the loan approval.Subordinate Debt contracts are reviewed for compliance with loan approval and subordination documentation meets the priority of the WCRA or Bond Lenders.Loans In Process account Reviews Account status and prepares Quarterly subsidiary and reconcilement reports as necessary.Bond Transactions are coordinated with Lenders, Bond Counsel, Borrower Counsel, and WCRA Counsel to facilitate the closing and servicing of Bond Loans for members of the WCRA.Loans In Process account is reconciled with CPA/Office Manager quarterly.Loan Committee support through preparation of meeting minutes for review. Construction Administration Oversight on contracts with the Department of Commerce Housing Trust Fund and others are completed to assure compliance with executed contract.Skills:Loan closing, Closing, Loan servicing, Commercial loan, Loans, Legal documentAdditional Skills & Qualifications:Minimum of 5 years of experience in similar position.Strong computer skills: word processing, spreadsheets, desktop publishing, full MS OfficeExcellent written and oral communications.Good organizational skills and the ability to work under pressure.Self-motivated, reliable, courteous, demonstrated ability to perform a support role in a small office team environment.Ability to work flexibly with all members of the organization.Ability to work independently and anticipate the needs of others within the workplace.Experience Level:Intermediate Level About Aerotek:We know that a company's success starts with its employees. We also know that an individual's success starts with the right career opportunity. As a Best of Staffing Client and Talent leader, Aerotek's people-focused approach yields competitive advantage for our clients and rewarding careers for our contract employees. Since 1983, Aerotek has grown to become a leader in recruiting and staffing services. With more than 250 non-franchised offices, Aerotek's 8,000 internal employees serve more than 300,000 contract employees and 18,000 clients every year. Aerotek is an Allegis Group company, the global leader in talent solutions. Learn more at Aerotek.com.The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

Keywords: Aerotek, Auburn , Part Time Commercial Loan Closer, Other , Auburn, Washington

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