Job Description

seeking a Loan Closer & Servicer to manage the closing and ongoing

administration of commercial real estate loans originated through life companies, agencies,

banks, and private credit relationships. The ideal candidate is detail-oriented, organized, and

confident managing communication between lenders, borrowers, counsel, and internal team

members to ensure a seamless closing and servicing experience. This role blends

transactional execution with portfolio management, offering an opportunity to work closely

with the firm’s principals and lending partners in a growing entrepreneurial environment.

Key Responsibilities

• Loan Closing

• Support origination and underwriting teams throughout the underwriting, marketing

and lender term sheet review and selection process

• Coordinate the full closing process for commercial and multifamily loans from term

sheet through funding, maintaining company pipeline database

• Review and track closing checklists, third-party reports, title/insurance, and legal

documentation.

• Communicate proactively with borrowers, attorneys, title companies, and lenders to

resolve conditions and ensure timely closings.

• Prepare closing invoices, wire instructions, and internal funding memos.

• Maintain accurate loan files and ensure all client information, loan due diligence and

executed documents are properly recorded and archived.

• Loan Servicing

• Manage post-closing loan administration, including servicing onboarding, statement

origination, borrower communication, payment processing, escrow management, and

loan documentation.

• Monitor insurance renewals, property tax payments, and financial reporting

compliance.

• Track and process reserve requests, partial releases, and modifications in

coordination with lenders and asset managers.• Maintain portfolio reporting and assist with performance tracking for investors and

internal review.

• Provide responsive and professional borrower service throughout the life of each

loan.

• Operational Support

• Assist in building and refining closing and servicing procedures as the company

scales.

• Support compliance, audit, and data integrity functions within the servicing platform.

• Collaborate with underwriting, accounting, and asset management to ensure smooth

workflow and reporting consistency.

• Serve as main point of contact with future lender servicing clients

• Occasional travel to loan closing and servicing conferences to better align company’s

objectives with the changing technological and regulatory landscape.

Qualifications

• 3+ years of experience in commercial real estate loan closing, servicing, or banking

operations preferred.

• Familiarity with life company, agency, bridge, and private credit loan documentation.

• Strong attention to detail, organization, and written communication skills.

• Proficiency with Microsoft 365, Excel, and document management systems.

• Self-motivated with the ability to manage multiple deals and deadlines in a fast-paced

environment.

Compensation & Benefits

• Competitive salary commensurate with experience

• Participation in company discretionary bonus pool

• Health and dental insurance

• 401K Match

• Opportunity for long-term growth within a boutique, relationship-driven firm

Ascendo is a certified minority owned staffing firm, and we welcome and celebrate diversity. Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service or any other characteristic protected by federal, state or local law.

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