Commercial Real Estate Loan Closer

Responsibilities

• Coordinate timely and accurate FNMA/FMAC and FHA commercial real estate loan closings in accordance with department and government regulations.
• Interface with internal and external parties, including loan originators, underwriters, attorneys, title companies, and government employees.
• Manage transaction timelines and communicate deadlines to all relevant partners.
• Perform pre- and post-closing functions, including managing closing checklists and reviewing draft loan documents for accuracy.
• Prepare loan closing packages for securitization and delivery to investors.
• Prepare loan settlement statements and work with escrow agents to complete final disbursement procedures.
• Prepare initial draws and review funding schedules for construction transactions.
• Update internal systems to ensure accurate reporting data for all transactions.

Requirements

• 3+ years of FHA and/or FNMA/FMAC closing experience.
• Strong knowledge of FHA/FNMA/FMAC loan programs, mortgage loan documents, and closing requirements.
• Ability to understand and interpret legal contracts.
• Advanced proficiency in Microsoft Office, specifically Excel and Access.
• Strong organizational and multitasking skills with the ability to work in a time-sensitive environment.
• Excellent written and verbal communication skills.

Preferred Qualifications

• Experience with FHA construction loans.
• Willingness to develop expertise across various commercial real estate product types.

Benefits

• Market competitive base salaries with yearly bonus potential.
• Comprehensive medical, dental, vision, life, and disability insurance.
• 401(k) plan with company match (up to 4%) and a company-funded pension plan.
• Wellness programs with annual reimbursement for personal wellbeing needs.
• Paid Time Off (PTO) and various leave of absence options.
• Education benefits to support degree attainment and accredited certificate programs.
• Employee Stock Purchase Plan.

About the Company

PGIM Real Estate is one of the nation’s largest full-service commercial real estate lenders. As the global asset management business of Prudential, PGIM provides investors and borrowers access to a wide range of real estate equity, debt, agriculture, and impact solutions across the risk-return spectrum.