Remotery

Closing Coordinator – Multifamily, CRE Loans

Posted 18 hours ago

This is a fully remote position, open to applicants in Kansas, +2 more states.

📋 Description

• Oversee the intake, tracking, and coordination of loan modification requests, ensuring their completeness, eligibility, and adherence to internal policies, investor requirements, and regulatory standards.

• Prepare, assemble, and coordinate modification documentation—including amendments, extensions, rate changes, covenant updates, and collateral adjustments—through internal review, approval, and execution.

• Act as the main point of contact for all modification-related coordination among Asset Management, Servicing, Legal, Credit, Finance, borrowers, and third-party partners.

• Supervise the execution, receipt, recording, and filing of modification documents, ensuring the accuracy of loan terms, fees, escrow requirements, and repayment schedules.

• Conduct post-closing quality control, which includes verifying document accuracy, updating servicing systems, setting up billing, and resolving post-closing discrepancies.

• Track timelines and proactively manage deadlines to ensure the timely completion of modification requests.

• Identify process gaps or risks and collaborate with internal stakeholders to enhance workflows, controls, and data quality.

• Assist in portfolio management efforts by ensuring accurate and reliable modification data across systems and reporting platforms.

• Maintain organized electronic records and facilitate audits, examinations, and internal reviews in accordance with documentation retention and control standards.


⛳️ Requirements

• Bachelor's degree in business, Finance, Real Estate, or a related field; equivalent experience will be considered.

• 3–5+ years of experience in loan closing, servicing, asset management, or commercial real estate finance. Experience in multifamily or commercial lending is strongly preferred.

• Strong understanding of loan documents, multifamily or commercial real estate terminology, and workout/modification structures.

• Capability to interpret, analyze, and concisely summarize legal and financial documents.

• Exceptional attention to detail with the ability to manage multiple time-sensitive priorities in a fast-paced environment.

• Strong analytical, problem-solving, organizational, and project management skills.

• Excellent communication abilities with a customer-service orientation and responsive follow-through; effective in working with cross-functional teams.

• Proficiency in loan servicing or banking systems along with strong MS Office skills (Outlook, Excel, Word); working knowledge of escrow, tax, insurance, and covenant compliance processes.


🏝️ Benefits

• Offers Bonus

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