Paralegal/Foreclosure Coordinator - Private Lending
Listed on 2026-07-09
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Finance & Banking
Loan Servicing, Regulatory Compliance Specialist -
Law/Legal
Loan Servicing, Regulatory Compliance Specialist
BD Capital is a private lending firm focused on providing flexible, asset-based financing solutions for real estate investors across the country. We specialize in bridge, construction, and rental property loans, supporting borrowers through acquisitions, refinances, and ground-up development projects.
Our platform is built around speed, transparency, and execution. We pride ourselves on moving quickly from term sheet to closing while maintaining disciplined underwriting and a consistent, scalable process. Our team works closely with borrowers and brokers to navigate complex deals, ensuring clear communication and a streamlined experience from start to finish.
At BD Capital, we are not just transaction-focused, we aim to build long‑term relationships with our clients by being a reliable capital partner across multiple projects. Internally, we emphasize collaboration, accountability, and continuous process improvement to support our growth and deliver a high level of service on every deal.
Position SummaryWe are looking for a Paralegal who thrives in a fast‑paced, entrepreneurial growth environment. This individual will support our legal and asset‑management functions. This role is focused primarily on managing the legal aspects of defaulted loans — working closely with outside foreclosure counsel across multiple jurisdictions — while also supporting the broader lending operation with default loan documentation, lien position review, and collateral oversight.
The ideal candidate is organized, proactive, and comfortable operating in a fast‑paced, commercial lending environment.
- Track maturity dates, extension options, and loan modification terms across the active loan portfolio.
- Assist with preparation of loan modification agreements, extension agreements, and forbearance documentation as directed by management or counsel.
- Coordinate issuance of default notices, demand letters, and cure notices in accordance with loan documents and applicable state law.
- Review and monitor tax liens, municipal liens, HOA liens, judgment liens, mechanic's liens, and other encumbrances impacting collateral recovery.
- Evaluate collateral position and property condition in coordination with asset managers and outside counsel.
- Assist in negotiating and documenting payoff agreements, deed‑in‑lieu transactions, and workout arrangements under attorney supervision.
- Serve as the primary internal point of contact for outside foreclosure counsel on all referred matters.
- Refer defaulted loans to foreclosure counsel and provide all necessary loan file documentation, collateral information, and borrower data to initiate proceedings.
- Track all foreclosure milestones including Verification of Mortgage, Complaint filing, Service of Process, Motions, Judgments, Sheriff Sale scheduling, foreclosure sales, deed recording, and post‑sale actions.
- Review status reports and invoices from outside counsel; elevate issues and delays to management.
- Coordinate with foreclosure counsel on judicial and non‑judicial foreclosure proceedings across multiple states.
- Assist with preparation of credit bids, auction logistics, and post‑sale documentation.
- Manage REO (real estate owned) matters following completed foreclosure, including coordination of deed preparation, title clearance, and property management handoff.
- Prepare weekly foreclosure status reports and lead recurring default review meetings with Asset Management leadership and outside counsel.
- Coordinate with inspectors, title companies, and counsel on construction loan‑related title endorsements and lien waivers.
- Maintain accurate and up‑to‑date status reports for all defaulted and referred loans.
- Organize and maintain files, correspondence, and closing documentation.
- Communicate professionally with borrowers, guarantors, outside counsel, title companies, and other third parties.
- Assist management with special projects and legal research as needed.
- Ad hoc projects, as assigned.
- Working knowledge of judicial and…
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