Commercial Loan Closer

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.