Commercial Loan Closing Assistant

5 days ago

Monterey Park, United States Grand Pacific Financing Corp. Full time

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.Compensation:$55,000 - $60,000 yearlyResponsibilities: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 experience in commercial real estate 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.About CompanyGrand Pacific Financing Corp. is an established, well-capitalized direct lender nationwide. Our parent company is a publicly traded company with a presence in major Southeast Asian cities. Our lending philosophy is flexible and creative.We offer a competitive salary with an excellent benefits package:Medical, Dental, and Vision Insurance401(k) with Employer MatchPaid HolidaysPaid VacationPaid Sick DaysLife InsuranceLong-term Disability InsuranceApplicants must be eligible to work in the United States and be able to verify their eligibility to work in the United States.

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