Real Estate Capital Markets AGENCY Loan Closing Associate

Job Description

At Regions, the RRECM Loan Closing Execution Associate manages the closing and delivery of commercial real estate multifamily loans, primarily Fannie Mae and Freddie Mac, from application through post-closing. This role coordinates with internal teams and external partners to ensure compliance and timely execution, prepares and submits required documentation, and confirms accuracy for final loan delivery and servicing.

• Manage the closing and delivery of commercial real estate multifamily loans, primarily Fannie Mae and Freddie Mac, from application through post-closing
• Coordinate all Agency transactions with outside counsel, internal teams, and borrower parties, including insurance review, compliance confirmation, and deal registration/submission to Fannie Mae and Freddie Mac systems
• Lead weekly deal status calls with internal and external participants to ensure timely execution of deliverables
• Confirm and certify that all transaction requirements are satisfied prior to closing, including necessary approvals and documentation
• Prepare and submit lock confirmations and transaction-specific documentation for Fannie Mae and Freddie Mac approvals
• Exercise decision-making authority over rate-lock transactions, by signing trade sheet and determining when to lock interest rates and initiating the process
• Obtain and validate Fannie Mae’s official rate-lock confirmation upon execution
• Coordinate insurance reviews with third-party consultants and resolve compliance issues
• Prepare and submit waivers to Fannie Mae/Freddie Mac as required
• Complete loan funding calculations and closing workbooks, including reconciliation of all closing figures
• Review draft loan documents for accuracy prior to closing
• Prepare and submit wire requests for loan funding and validate disbursement of fees per commitment terms
• Collaborate with outside counsel, title/escrow, and closing partners to ensure timely funding and closing
• Exercise approval authority to authorize wire transfers for loan funding into escrow, ensuring accuracy and compliance prior to the release of funds
• Issue final lender authorization to close and fund the transaction, confirming all conditions, documents, and requirements are satisfied before permitting settlement
• Review final loan documents, authorize corrections, and ensure accurate upload and delivery to agencies within required timelines
• Upload final data and documents to agency websites and prepare closing files for delivery
• Confirm loan information in systems and documents for servicing and boarding
• Make the final determination that a loan meets all eligibility, compliance, and requirements, confirming it can be sold
• Hold final accountability for ensuring each loan meets all Fannie Mae and Freddie Mac eligibility and delivery requirements, directly enabling and safeguarding the agencies’ purchase of the loan
• Ensure compliance with all bank policies, procedures, and regulatory requirements

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay. This position is incentive eligible.

• Bachelor's degree in a related field
• Seven (7) years of real estate closing experience

• Ability to research, analyze data, and derive facts
• Ability to work under pressure with strict deadlines
• Adapts and works with a variety of situations, individuals, business leaders, and groups
• Good communication skills both written and verbal
• Strong analytical skills
• Strong attention to detail
• Strong organizational and time management skills

Note: This role requires a minimum of 4 days in-office.

Full time

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include experience, skills, knowledge, contribution, job location and performance in the job role. The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target: $ USD

Median: $ USD

Incentive Pay Plans: This role is…