Commercial Loan Closer

Travel Required:

None

Job Status:

Exempt

Position Type:

Full-Time, Permanent

Work Schedule:

Monday – Friday, 9:00AM – 5:00PM ET

Reports To:

VP of Closing

JOB DESCRIPTION

Gradient Mortgage Capital is a nationwide lender specializing in financing small-balance commercial and investment residential properties. Through creative lending solutions and a skilled team of wholesale experts, we help mortgage brokers and bankers expand their businesses by addressing the unique financing needs of independent real estate investors and small business owners.

Our rapidly growing investment portfolio includes mortgage loans secured by commercial, multifamily, investor residential, and short-term rental properties. We are seeking a highly organized, proactive, detail-oriented, and confident Commercial Loan Closer to join our team in our Fort Lauderdale office or remotely.

The Commercial Loan Closer is a full-time, permanent role focused on closing both commercial and residential investment real estate transactions from closing preparation through funding and post-closing. This is a fast-paced, high-volume position, with an average of 5–10 closings per week, requiring someone who can hit the ground running, work independently, effectively prioritize competing demands, and take complete ownership of their pipeline.

The ideal candidate is an assertive self-starter who does not wait to be told what needs to be done. The successful candidate should be comfortable making decisions, identifying potential problems before they become closing issues, communicating confidently with internal and external stakeholders, and driving transactions to the finish line.

• Own and manage the closing process from start to finish, ensuring transactions move efficiently and remain on schedule.
• Manage and coordinate all activities related to the closing and funding of commercial real estate and investment residential loans.
• Proactively monitor the pipeline, identify potential roadblocks, and take action to resolve issues before they impact closing or funding.
• Manage multiple transactions simultaneously while effectively prioritizing urgent and time-sensitive matters.
• Clear title issues; review entity documentation; prepare signature blocks; obtain payoff statements; draft and review loan documents; approve escrow calculations; prepare and approve settlement statements; and prepare files for QC.
• Review and validate loan terms, conditions, and documentation to ensure accuracy and consistency with credit approvals.
• Review and interpret moderately complex loan documentation, legal agreements, and financial elements.
• Ensure appropriate entity formation documents, resolutions, and legal opinions are obtained, reviewed, and accurately reflected in the closing package.
• Review legal, title, survey, insurance, and escrow documentation for completeness, accuracy, and compliance.
• Identify and resolve documentation deficiencies, inconsistencies, and outstanding conditions without waiting for direction.
• Review settlement statements to ensure all fees and expenses are properly accounted for and outstanding items are identified and resolved.
• Initiate and balance wires requested from the warehouse bank.
• Coordinate delivery and execution of closing documents, including pre-closing and post-closing requirements.
• Communicate confidently and proactively with borrowers, attorneys, title companies, insurance agents, brokers, originators, vendors, and internal teams regarding closing status and outstanding requirements.
• Serve as a key liaison between underwriting, origination, brokers,…