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Commercial Loan Closing Assistant

Commercial Loan Closing Assistant

Grand Pacific Financing Corp.Monterey Park, CA, United States
5 days ago
Job type
  • Full-time
Job description

Grand Pacific Financing Corporation is looking for a Commercial Loan Closing Assistant who will be responsible for completing tasks related to the closing of commercial loans. The ideal candidate will have one or more years of experience processing, funding, or closing commercial loans and possess strong organizational skills. This position should be considered an entry into becoming a seasoned commercial loan closer, and there is plenty of room for growth and advancement as our company seeks to expand its activities, including potential expansion into Washington and Texas. Responsibilities :

  • Track, collect, and assemble appropriate closing documents, due diligence, and information in connection with loan transactions.
  • Review the preliminary title report, resolve issues, and request the appropriate endorsements for the final policy.
  • Coordinate with underwriting, legal, compliance, and other departments to ensure all conditions are met prior to closing.
  • Review organizational documents and confirm that all parties and signature blocks are accurately reflected in all closing documents.
  • Confirm all signature pages have been received, and all documents are complete.
  • Prepare and review loan documents for execution by all parties.
  • Prepare UCC Financing Statements.
  • Confirm all loans are closed in compliance with company procedures and requirements, and follow up, as needed, with borrowers, lenders, and title companies on items required to close.
  • Follow up on post-closing requirements.
  • Proofread loan documents.
  • Other tasks assigned by the supervisor. Qualifications :
  • Bachelor’s degree in Finance, Business Administration, or a related field preferred; or an associate’s degree with 1+ years of experience in commercial loan closing or real estate escrow.
  • Comfortable working in a fast-paced environment.
  • Solid knowledge of lending and closing procedures.
  • Experience with title insurance and related policies.
  • Adept at working both independently and collaboratively.
  • Excellent organizational and communication skills.
  • Strong attention to detail.
  • Proven ability to manage multiple tasks and meet deadlines. Compensation : $55,000 - $60,000 yearly
  • Track, collect, and assemble appropriate closing documents, due diligence, and information in connection with loan transactions.
  • Review the preliminary title report, resolve issues, and request the appropriate endorsements for the final policy.
  • Coordinate with underwriting, legal, compliance, and other departments to ensure all conditions are met prior to closing.
  • Review organizational documents and confirm that all parties and signature blocks are accurately reflected in all closing documents.
  • Confirm all signature pages have been received, and all documents are complete.
  • Prepare and review loan documents for execution by all parties.
  • Prepare UCC Financing Statements.
  • Confirm all loans are closed in compliance with company procedures and requirements, and follow up, as needed, with borrowers, lenders, and title companies on items required to close.
  • Follow up on post-closing requirements.
  • Proofread loan documents.
  • Other tasks assigned by the supervisor.

Compensation :

$55,000-$60,000 per year

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Commercial Loan Assistant • Monterey Park, CA, United States

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