Agency / OBS Loan Closer Senior Associate

Join JPMorgan's Loan Closing Team

Bring your expertise to JPMorgan. As part of our loan closing team, you will play a pivotal role in advancing the firm's affordable housing initiatives.

The Agency Multifamily Lending Loan Closer Senior Associate works with the originations teams throughout CRE to ensure a smooth process of multifamily agency loans, establish and maintain effective relations with internal business partners including sales, credit, loan servicing, legal counsels, and the GSE Agencies. As a Closing Sr Associate on the OBS / Agency Lending team, your role is to ensure a smooth, timely closing and delivery of multifamily agency loans. Provide excellent customer service and adhere to bank compliance and requirements.

Job Responsibilities

• Manage closing and delivery of commercial real estate multifamily loans (GSE), primarily Fannie Mae and Freddie Mac, from application to post closing status
• Work closely with outside counsel, credit officers and bankers on various transactional matters to ensure that the anticipated time frames are met
• Ensure that the appropriate requirements are received and required approvals are obtained for the issuance of commitment letters and rate lock
• Review loan documents to ensure accuracy and compliance with lender and agency requirements
• Prepare and issue Commitment Letters, Prepare escrow analysis and Closing Statements in preparation of loan closing
• Work closely with counsel and credit teams on loan document negotiations and modifications
• Ensure all approvals and waivers are in place including insurance reviews and confirmation on payment of taxes
• Ensure compliance with bank policies, procedures and regulatory requirements are met
• Coordinate with outside counsel, title / escrow and closing partners to ensure timely funding on closing day
• Confirm loan information in systems and documents are accurate for loan servicing and boarding
• Prepare and submit the final data and upload the appropriate documents timely and accurately to ensure final settlement with the appropriate agency

Required Qualifications, Capabilities, and Skills

Preferred Qualifications, Capabilities, and Skills