What you will be doing:
Manage receipt and review of due diligence items and ensure all necessary participants receive copies.
Track rate lock and closing special conditions.
Generate amortization schedules.
Prepare escrow analyses.
Assist with drafting commitments.
Generate accounting workbooks for review by Closing Officer and coordinate with Loan Funding and the warehouse lender to set loans up for funding.
Prepare reconciliation of application fee and third party costs.
Back up the closing analyst responsible for the preparation of income notices and the follow up on servicing set up issues.
Ensure that data in Salesforce is complete and accurate throughout the process.
Generate Midland HML within required timelines.
Ensure that documents needed within 48 hours for loan set up are received and placed in the Servicing Deliverables folder. Follow up with counsel if documents are not received by required deadline.
Prepare C&D commitments and submissions on Fannie Mae deals.
Prepare Funding Express submissions on Fannie Mae deals and provide necessary information and back up support to the Early Funding Desk.
Review C&D and the final 4662 before submission of the loan for securitization to ensure accuracy and consistency.
Track and follow up on post closing requests from Fannie Mae and Freddie Mac.
Provide backup support to Delivery Management. Assist with deliveries, Ginnie Mae pool set ups, investor communication, and the tracking and follow up on open post closing items.
Assist with the closing of HUD IRR deals.
Close assumptions, supplementals, and vanilla agency deals under the supervision of a senior closing officer.
Communicate and problem-solve daily with teammates, clients, vendors, and other stakeholders, often in combination with travel
Other skills related to building a career in Closing!
The education and experience we’re looking for:
Bachelor's Degree or experience in lieu of education
Paralegal certificate or other legal experience preferred
What skills you should have:
Ability to work as a part of a team, while providing a strong individual contribution.
Strong time management and organizational skills.
Strong written and oral communication skills.
Excellent judgment and dependability, including the ability to meet deadlines.
Strong teamwork and interpersonal skills.
Strong working ability with Microsoft Office applications, including Word, Excel and PowerPoint.
Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes
Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders
Bethesda, MD
Walker & Dunlop strives to be the premier commercial real estate finance company in the country by providing financing solutions and investment sales to owners of multifamily and commercial properties. As one of the largest providers of commercial real estate finance, we offer deep industry knowledge, an unparalleled team of finance professionals, broad market coverage and excellent customer service – all inside a public company with a family company culture. With Walker & Dunlop, clients receive a “boutique” level of service, but with all the same resources of a large lending platform. We have over 1,000 professionals located in 41 offices throughout the United States dedicated to providing our clients with the best financing available.
Our comprehensive suite of financing solutions allows us to originate loans for our own balance sheet, and investment partnerships, or for sale to Fannie Mae, Freddie Mac, HUD, life insurance companies, banks and CMBS providers. Our financing expertise, scaled lending platform and unyielding commitment to client satisfaction make Walker & Dunlop a great choice for your commercial real estate financing needs.
Specialties
commercial real estate financing, apartment financing, manufactured housing financing, healthcare financing, student housing financing, Fannie Mae, Freddie Mac, HUD, Bridge Loans, Life Company, Investment Sales, and commercial real estate