Closing Specialist for SBA and USDA Loan Operations
2 days ago
The ideal candidate will possess a broad knowledge of fields such as accounting, marketing, business administration, and finance.
Responsibilities include handling all aspects of SBA 7a/504/Express and USDA/OneRD loan closings, pre-closing reviews, post-closing review, and uploading to banking systems and loan processing systems.
We are seeking an experienced Closing Specialist with in-depth knowledge of ETRAN and nCINCO systems.
This role requires the ability to work independently and manage multiple tasks simultaneously, including:
- Submitting, managing, and maintaining loan packages into bank systems (nCino, ETRAN) daily.
- Uploading SBA loans into CAFS/ETRAN to obtain SBA Authorization/Approval SBA Loan Number weekly.
- Performing pre-closing package reviews (including loan officer involvement) monthly.
- Preparing closing checklists for borrowers monthly.
- Ordering appraisals, surveys, environmental reports, title reports, and verifying rate changes daily.
- Submitting vendor invoices to Accounting weekly.
- Engaging attorneys and title agents for loan closings weekly.
- Preparing internal reports and responding to internal inquiries regarding loan documentation weekly.
- Submitting vendor packages to vendor relations to add approved vendors monthly.
- Reviewing Application/forms/Packaging Checklist in bank systems to ensure accuracy weekly.
The successful candidate will have equivalent to a four-year college degree plus five years related experience and/or training, and five years related management experience.
An estimated salary range for this position is $80,000 - $110,000 per year, based on industry standards and location.
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