GSE Senior Closer

4 weeks ago


Washington, United States Merchants Bank of Indiana Full time

Apply

Job Type

Full-time

Description

Merchants Capital was ranked the #1 Targeted Affordable Lender by Freddie Mac and the #5 Multifamily Affordable Lender by Fannie Mae in 2023. As our GSE Senior Closer (Multifamily Mortgage) you must be knowledgeable of the various investor programs and loan products offered by Merchants Capital, which include the Fannie Mae DUS program, Freddie Mac Program Plus, and Freddie Mac TAH. You will proactively coordinate, integrate, and support all aspects of the GSE multifamily loan process with a special focus on MCC loan commitment, the rate/spread lock, funding/closing, and purchase/settlement by the respective GSE for each Freddie Mac or Fannie Mae loan closed by MCC. You will also be responsible for coordinating pre-closing, closing, and post-closing issues among Underwriting, Merchants Capital's Outside Legal Counsel, Origination, Servicing, Borrower, Borrower's Counsel, Title Company, Asset Management, and Freddie Mac or Fannie Mae (as applicable).

After one year as our GSE Senior Closer, you will know you were successful if you…

* Support timely, accurate processing of mortgage loans from engagement to delivery while ensuring that mortgage loans meet applicable loan policies and procedures both internally and required by Agency Guides.
* Prepare Commitments, coordinate lock and for Fannie loans, prepare and submit the C&D Commitment
* Engage Merchants Capital Legal Counsel for a given transaction and act as primary Legal Counsel contact.
* Prepare Closing Workbook for each transaction to generate accounting and servicing information, produce notices and other internal Merchants Capital Documents
* Review and approve Title Company Settlements for accuracy to ensure Merchants Capital fees, expenses, and escrows are correct.
* Coordinate all aspects of loan closings which includes arranging loan fundings, providing outside counsel with timely receipt of required closing documents, working closely with counsel to prepare and review all necessary loan documents, and obtaining all necessary documentation for the completion of a closing statement.
* Work directly with the various Agencies to securitize and provide necessary closing documentation post-closing to finalize the mortgage-backed security to the investor, as applicable.

Requirements

What we are looking for...

* Two-Year College Degree. Bachelor's degree or higher in the Real Estate Finance field preferred.
* Required a minimum 5+ years' experience as a business or legal loan closing coordinator OR multifamily agency specialist. Fannie Mae Freddie Mac preferred. Other agency experience is also welcome.
* Ability to travel to closings, as required (very limited).
* Ability to travel into the office for training.

ABOUT MERCHANTS CAPITAL

With over 30 years of success built on putting people first, Merchants Capital is a proven leader in financing for multifamily housing nationwide. Our licenses with Fannie Mae, Freddie Mac, and HUD/FHA, in addition to our bank's balance sheet products, allow us to offer custom solutions with agility and ease of execution, expanding access to housing in meaningful and impactful ways. Recognized as a top five affordable lender, Merchants Capital pairs our comprehensive debt offerings with in-house tax credit equity to provide a one-stop-shop for developers and owners. To learn more about Merchants Capital, visit www.merchantscapital.com.

#LI-Hybrid



  • Washington, United States Merchants Bancorp Full time

    Apply Job Type Full-time Description Location: The preferred location is Washington D.C or New York City. If needed, this position can report to our HQ in Carmel, IN or any of our other regional offices in Boston, MA, Chicago, IL, or Bloomington, MN. The GSE Senior Affordable Underwriter is responsible for ensuring the timely, accurate and high-quality...


  • Washington, United States National Geographic Society Full time

    How You’ll Contribute The Advancement team cultivates, solicits, and stewards individuals, as well as foundation, government and corporate partners who invest in the Society to drive impact through science, technology, education, exploration, and storytelling. The team collaborates with Society teams - and often works closely with NGP/Disney - to build...


  • washington, United States Fannie Mae Full time

    Job Description As a valued colleague on our team, you will contribute to assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as collaborate with team in communicating and collaborating with key stakeholders across the enterprise, and understanding business objectivesTHE IMPACT YOU...

  • Enterprise MF Risk

    1 month ago


    washington, United States Fannie Mae Full time

    Job Description As a valued colleague on our team, you will contribute to assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as collaborate with team in communicating and collaborating with key stakeholders across the enterprise, and understanding business objectivesTHE IMPACT YOU...

  • Enterprise MF Risk

    4 weeks ago


    WASHINGTON, United States Fannie Mae Full time

    Job Description As a valued colleague on our team, you will contribute to assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as collaborate with team in communicating and collaborating with key stakeholders across the enterprise, and understanding business objectives THE IMPACT...

  • Enterprise MF Risk

    1 week ago


    Washington, United States Fannie Mae Full time

    At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access...


  • Washington, Washington, D.C., United States Fannie Mae Full time

    Target Hiring Range (1): Target Hiring Range (2): Worker Classification: Hybrid Company DescriptionAt Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team...


  • Washington, Washington, D.C., United States Fannie Mae Full time

    Target Hiring Range (1): Target Hiring Range (2): Worker Classification: Hybrid Company DescriptionAt Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team...

  • Senior Counsel

    2 weeks ago


    Washington, Washington, D.C., United States Amgen Full time

    HOW MIGHT YOU DEFY IMAGINATION?If you feel like youre part of something bigger, its because you are. At Amgen, our shared missionto serve patientsdrives all that we do. It is key to our becoming one of the worlds leading biotechnology companies. We are global collaborators who achieve togetherresearching, manufacturing, and delivering ever-better products...

  • Senior Counsel

    2 days ago


    Washington, Washington, D.C., United States Amgen Full time

    HOW MIGHT YOU DEFY IMAGINATION?If you feel like youre part of something bigger, its because you are. At Amgen, our shared missionto serve patientsdrives all that we do. It is key to our becoming one of the worlds leading biotechnology companies. We are global collaborators who achieve togetherresearching, manufacturing, and delivering ever-better products...

  • Enterprise MF Risk

    4 weeks ago


    WASHINGTON, United States Fannie Mae Full time

    Job Description As a valued colleague on our team, you will contribute to assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as collaborate with team in communicating and collaborating with key stakeholders across the enterprise, and understanding business objectivesTHE IMPACT YOU...

  • Enterprise MF Risk

    1 month ago


    WASHINGTON, United States Fannie Mae Full time

    Job Description As a valued colleague on our team, you will contribute to assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as collaborate with team in communicating and collaborating with key stakeholders across the enterprise, and understanding business objectivesTHE IMPACT YOU...

  • Enterprise MF Risk

    2 weeks ago


    WASHINGTON, United States Fannie Mae Full time

    Job Description As a valued colleague on our team, you will contribute to assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as collaborate with team in communicating and collaborating with key stakeholders across the enterprise, and understanding business objectivesTHE IMPACT YOU...

  • Enterprise MF Risk

    1 month ago


    Washington, United States Fannie Mae Full time

    Job Description As a valued colleague on our team, you will contribute to assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as collaborate with team in communicating and collaborating with key stakeholders across the enterprise, and understanding business objectivesTHE IMPACT YOU...

  • Enterprise MF Risk

    1 day ago


    WASHINGTON, United States Fannie Mae Full time

    Job Description As a valued colleague on our team, you will contribute to assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as collaborate with team in communicating and collaborating with key stakeholders across the enterprise, and understanding business objectivesTHE IMPACT YOU...


  • Washington, Washington, D.C., United States Amgen Full time

    Job DescriptionYouve worked hard to become the professional you are today and are now ready to take the next step in your career. How will you put your skills, experience and passion to work toward your goals? At Amgen, our shared missionto serve patientsdrives all that we do. It is key to our becoming one of the worlds leading biotechnology companies,...


  • Washington, Washington, D.C., United States Amgen Full time

    Job DescriptionYouve worked hard to become the professional you are today and are now ready to take the next step in your career. How will you put your skills, experience and passion to work toward your goals? At Amgen, our shared missionto serve patientsdrives all that we do. It is key to our becoming one of the worlds leading biotechnology companies,...

  • Enterprise MF Risk

    2 weeks ago


    Washington, United States Fannie Mae Full time

    At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access...

  • Enterprise MF Risk

    3 weeks ago


    Washington, United States Fannie Mae Full time

    At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access...

  • Enterprise MF Risk

    2 days ago


    Washington, United States Fannie Mae Full time

    Job DescriptionJob DescriptionCompany DescriptionAt Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here,...