Loan Closing Senior Coordinator - CBRE
Houston, TX
About the Job
Loan Closing Senior Coordinator
Job ID
192397
Posted
05-Nov-2024
Service line
Advisory Segment
Role type
Full-time
Areas of Interest
Capital Markets
Location(s)
Houston - Texas - United States of America
Are you ready to start an exciting career with CBRE?
About The Role:
Assists in the closing of Fannie Mae, Freddie Mac and HUD/FHA multifamily loans, commonly referred to as “GSE’s”. The Senior Closing Analyst will assist the Loan Closer with the decision-making process in determining whether due diligence items satisfy the requirements of the lender and the eventual buyer of the loan or security backed by the loan. They will assist 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:
+ Prepare loan applications, rate/index lock agreements and commitments as appropriate for the GSE
+ Administers the distribution of GSE forms to field offices as needed
+ Updates weekly pricing memos and tracking
+ Tracks loan closings and funding (Administer the CAG pipeline)
+ Tracks loan and commitment due dates
+ Prepare loan for warehouse funding
+ Prepares loan packages for sale of loans in the secondary market
+ Track and complete all pre/post funding issues
+ Request escrow analysis, prepare closing numbers and reconcile all closed loans with Treasury.
What You'll Need:
To perform this job successfully, an individual will need to perform each crucial 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 essential functions.
+ Basic understanding of the mortgage banking industry, with an emphasis on the loan closing and funding areas.
+ Full understanding of title insurance policies and property surveys.
+ Ability to work in a fast-paced environment and simultaneously manage and effectively prioritize the workload.
+ Display excellent written, verbal and organization skills.
+ Ability to analyze problems and make appropriate decisions.
+ Must understand that a high level of customer service must be maintained, while providing the quality control required for the position
+ Bachelor’s degree from a four-year college or university and a minimum four years experience in loan underwriting, loan closing and/or asset management, preferably with a title company, bank or mortgage banker (either commercial or residential). GSE Experience strongly preferred.
+ Ability to communicate effectively, both written and verbal, with outside attorneys, borrowers, lenders and other company employees. Ability to write letters and business correspondence.
+ Ability to apply simple concepts such as fractions, percentages and ratios. Also possess the ability to prepare simple spreadsheet analyses. Attention to detail is key.
+ Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Why CBRE?
When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.
Our culture is built on our RISE (https://www.cbre.com/about-us/culture-and-history) values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.
Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity!
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.
CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)
Job ID
192397
Posted
05-Nov-2024
Service line
Advisory Segment
Role type
Full-time
Areas of Interest
Capital Markets
Location(s)
Houston - Texas - United States of America
Are you ready to start an exciting career with CBRE?
About The Role:
Assists in the closing of Fannie Mae, Freddie Mac and HUD/FHA multifamily loans, commonly referred to as “GSE’s”. The Senior Closing Analyst will assist the Loan Closer with the decision-making process in determining whether due diligence items satisfy the requirements of the lender and the eventual buyer of the loan or security backed by the loan. They will assist 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:
+ Prepare loan applications, rate/index lock agreements and commitments as appropriate for the GSE
+ Administers the distribution of GSE forms to field offices as needed
+ Updates weekly pricing memos and tracking
+ Tracks loan closings and funding (Administer the CAG pipeline)
+ Tracks loan and commitment due dates
+ Prepare loan for warehouse funding
+ Prepares loan packages for sale of loans in the secondary market
+ Track and complete all pre/post funding issues
+ Request escrow analysis, prepare closing numbers and reconcile all closed loans with Treasury.
What You'll Need:
To perform this job successfully, an individual will need to perform each crucial 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 essential functions.
+ Basic understanding of the mortgage banking industry, with an emphasis on the loan closing and funding areas.
+ Full understanding of title insurance policies and property surveys.
+ Ability to work in a fast-paced environment and simultaneously manage and effectively prioritize the workload.
+ Display excellent written, verbal and organization skills.
+ Ability to analyze problems and make appropriate decisions.
+ Must understand that a high level of customer service must be maintained, while providing the quality control required for the position
+ Bachelor’s degree from a four-year college or university and a minimum four years experience in loan underwriting, loan closing and/or asset management, preferably with a title company, bank or mortgage banker (either commercial or residential). GSE Experience strongly preferred.
+ Ability to communicate effectively, both written and verbal, with outside attorneys, borrowers, lenders and other company employees. Ability to write letters and business correspondence.
+ Ability to apply simple concepts such as fractions, percentages and ratios. Also possess the ability to prepare simple spreadsheet analyses. Attention to detail is key.
+ Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Why CBRE?
When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.
Our culture is built on our RISE (https://www.cbre.com/about-us/culture-and-history) values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.
Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity!
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.
CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)
Source : CBRE
