Commercial Loan Closer

Position Summary

The Commercial Loan Closer is responsible for coordinating and finalizing commercial loan transactions, ensuring all documentation is complete, accurate, and compliant with internal policies, legal requirements, and regulatory standards. This role serves as the central point of contact among lenders, borrowers, attorneys, title companies, and internal teams to ensure a smooth and timely closing process.

• Prepare, review, and finalize commercial loan closing packages, including promissory notes, loan agreements, guarantees, deeds of trust, security agreements, and related documents.
• Ensure all required approvals, conditions, and covenants are satisfied prior to closing.
• Coordinate with legal counsel on complex loan structures and documentation.

• Act as liaison between lenders, legal, title companies, and borrowers.

• Verify completion of due diligence items (e.g., title commitments, insurance, appraisals, UCC searches).
• Ensure compliance with internal credit policies and regulatory requirements.
• Confirm proper execution of documents, including notarization where required.

• Manage post-closing follow-up, including document tracking and trailing items.
• Maintain accurate loan files for audit and compliance review.

• Bachelor’s degree in Finance, Business Administration, or related field (or equivalent experience).
• 2–5+ years of experience in commercial loan closing, loan operations, or banking.
• Strong knowledge of commercial lending products (CRE, C&I, construction loans).
• Familiarity with loan documentation and closing procedures.

• Experience working with attorneys, title companies, and external vendors.
• Knowledge of UCC filings, collateral perfection, and lien priorities.
• Experience with loan systems (e.g., nCino, Laser Pro, Baker Hill, or similar).

• Typically office-based or hybrid role within a financial institution or lending organization.
• May require occasional extended hours to meet closing deadlines.