Job Specifications

  • LocationNew York,New York
  • Published3 hours ago, 2021-02-27T03:02:09Z
  • 2021-03-02Full Time

Jr. Loan Processor-Closer - Agency Multifamily Finance

Basis Investment Group is looking to hire a Junior Processor/Closer to join its Multifamily Finance production team.

  • Work with loan originators, underwriters, processors, analysts, to obtain and track documents required to underwrite and thereafter close commercial real estate loans
  • Track underwriting and closing pipeline in Salesforce
  • Assist processors with assisting borrowers with completing Freddie Mac forms 1115, 1116, loan application addendums and upload all documents to DMS for underwriting with Freddie Mac
  • Work with underwriters and processors on submission of documentation for loan approval. Set-up site inspections, initiate and track orders for appraisals, environmental site assessments, physical inspection reports, preliminary title reports, credit reports and other third-party reports to ensure timely receipt Track deposits and expenses for each deal.
  • Assist in drafting and creating electronic loan files for warehouse lender requests
  • Conduct pre-closing file reviews and facilitate approvals to close
  • Receive and audit executed closing documents and transmit original documents to third party original document custodian
  • Follow-up as required to obtain title insurance policies, recorded mortgage and other security instruments, and other post-closing documents
  • Prepare loan boarding input documents for loan servicer and transmit completed files to internal loan file custodian

JOB SKILLS & KNOWLEDGE:

· College degree preferred, but not required

· 1 to 2 years of experience preferably with Agency lending platform(s)

· Familiarity with Freddie Mac systems

· Proficiency in Microsoft Office Suite, with a focus on Excel and Word

· Exceptional organizational skills and ability to multi-task

· Exceptional interpersonal and communication skills

  • Self-motivated worker with the ability and flexibility to work in a dynamic, team setting as well as independently



Requirements

not available