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Affordable Housing Loan Administrator - San Diego, CA

Elavon San Diego, CA
  • Posted: September 18, 2019
  • Full-Time

 Provides administrative management of a portfolio of assigned Commercial Real Estate/ Low Income Housing Tax Credit construction and term loans in accordance with credit policy requirements for risk management. Monitors and collects all required due diligence items. Works in partnership with Relationship Managers and Project Managers as primary liaison with customers, attorneys, inspectors and title company representatives, during all phases of financing. Works in partnership to review and analyze land surveys, environmental assessments, and to ensure that all construction loans are closed per Credit Policy and Guidelines. Ensures all closing conditions are met and loans are closed within time frames consistent with good customer service. Analyzes title insurance commitment reports including title exceptions, and prepares title/escrow instructions. Reviews insurance certificates to ensure compliance with bank requirements. Maintains files with sufficient documentation for third-party review and prepares files for timely audits.

 

Basic Qualifications
- High school diploma or equivalent
- Five to seven years of experience in commercial real estate loan administration

 

 

Preferred Skills/Experience

- Considerable knowledge of commercial real estate lending including letters of credit, tax credit transactions, borrowing base lending, multi-phased construction, and transactions secured by multiple collateral properties

- Strong technical expertise in closing and administration functions

- Demonstrated ability to close commercial real estate loans and administer a commercial real estate loan

- Experience working with construction loans (commercial or residential developments)

- Advanced knowledge of commercial real estate finance, law, documentation, accounting and data systems

- Bachelor's degree preferred

-Willing and able to become a Notary Public

 

 

 

Elavon

Address

San Diego, CA
USA

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