SBA Closing Specialist
$90,000–$120,000 year
RemoteNew Jersey, United States
Job Summary
Review Request for Credit Approval, Write-up and Commitment Letter within 24 hours of receipt, and conduct introductory calls to borrowers. Prepare and send Closing Checklists, order third-party searches, and determine requirements to perfect security interests in collateral. Analyze supporting documents to ensure compliance with RCL and SBA policies, review site inspection reports, and coordinate with legal counsel, escrow, and title companies. Approve closing settlement statements, prepare funding information sheets, and manage productivity by limiting disbursements to one to two per month. Maintain excellent customer service responsiveness and ensure all required insurance coverage is obtained on industry forms.
Required Qualifications
- Minimum of 2 years of commercial mortgage lending experience and/or relevant work experience in a functional role
- Knowledge of the SBA SOP
- Proficient in Microsoft Office Suite, working with Word and Excel or similar spreadsheet software
- Type accurately at a speed necessary to meet the requirements of the position
- Ability to maintain files and records
- Ability to prioritize and perform multiple tasks
- Ability to answer loan document related questions from borrowers and referral sources
- Excellent interpersonal skills
- Detail oriented
- Ability to read and comprehend instructions, short correspondence, and memos
- Ability to write basic routine reports and correspondence
- Ability to interact effectively with management, other employees, and customers as needed
- Diplomacy in dealing with internal and external clients
- Excellent communication skills
- Basic credit skills
- Ability to perform basic calculations such as to add, subtract, multiple, and divide
- Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form
- Ability review information and solve problems quickly
- Strong ability to manage time
- Achievement oriented, takes initiative, and ability to take direction
- Strong organizational skills
- Ability to lift and/or move up to 10 pounds
Desired Qualifications
- Bachelor's degree preferred
- Paralegal Certificate preferred
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