Commercial Loan Closer
- $75,000 to $95,000 Yearly
- Vision , Medical , Dental , Paid Time Off , Life Insurance , Retirement
- Full-Time
Job Summary
Slatt Capital seeks a deadline-driven transaction manager with close attention to detail to support the Burlingame Office production team. This position entails working with our internal team of analysts, producers, and external stakeholders to close commercial real estate loans.
Slatt Capital is a long-standing, privately held, and respected institution with more than 53 years of experience in commercial mortgage banking. It has a diverse correspondent network with several of the country's most prestigious lenders, providing custom-tailored solutions for borrowers' needs.
Required Skills/Qualities:
- Excellent technical, oral, and written communication skills
- Ability to prioritize and work on multiple closings while managing deadlines.
- Excellent organizational skills and attention to detail
- Ability to think critically and approach challenges and issues with a problem-solving mindset.
- Takes the initiative to learn new skills and processes.
- Values a team atmosphere and working together for a common goal.
- A minimum of 1-3 years of CRE experience or equivalent is required.
Responsibilities:
- Prepare Estoppels and SNDA – track and review changes.
- Send out initial insurance requests – manage timely receipts.
- Request Zoning Letter and Report
- Send out Conference Call invites and reminders.
- Help coordinate loan requirements with third-party vendors, attorneys, and escrow companies.
- Maintain a detailed checklist of closing tasks for internal teams and external lenders.
- Provide instructions and requests to title/escrow, 3rd party vendors, borrower & broker agents—follow-up for receipt of documentation, providing guidance and assistance for completion.
- Interact with customers and the production team about the status and handling of the loan closing while maintaining high courtesy and professionalism.
- Maintain Salesforce closing workflow and closing document repository. Complete the internal loan closing checklist/memo for the servicing team upon closing.
- Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions.
- Follow policies and procedures; support the company's goals and values.
We believe in working hard and embracing change. We build and foster relationships with both borrowers and lenders with a goal of shared success. Our mission is to represent all parties with the highest degree of integrity and professionalism, regardless of transaction size.
Our goal is to represent all parties with the highest degree of integrity and professionalism in every aspect of commercial mortgage banking and beyond. We are passionate supporters of several leading commercial finance organizations including the Mortgage Banker Association (MBA), California Mortgage Bankers Association (CMBA), Bay Area Mortgage Association (BAMA), and Los Angeles Mortgage Association (LAMA) and also affiliated with the International Council of Shopping Centers (ICSC), National Association of Office and Industrial Properties (NAIOP), and the Urban Land Institute (ULI).
Today’s lending landscape is complex and constantly evolving. Slatt Capital’s life-of-loan service means we can offer a single point of contact from origination to closing to servicing. We help clients navigate the nuances of each phase, acting as a valued advisor every step of the way.
Address
SLATT CAPITAL
819 Mitten Road
Burlingame, CAIndustry
Finance and Insurance
Posted date
How can the hiring manager reach you?
You Already Have an Account
We're sending an email you can use to verify and access your account.
If you know your password, you can go to the sign in page.