Symetra has an exciting opportunity to join our team as a Commercial Mortgage Loan Closer!
About the role
Responsible for managing the coordination, documentation and closing of commercial real estate loan investments throughout the US that meet the company’s documentation and due diligence standards. Achieve this by actively managing the timely receipt and analysis of due diligence items to identify exceptions, analyze risk of exceptions and employ a resolution or elevate as necessary. Additionally responsible for the selection and preparation of the standard loan documents to accurately reflect the terms of the transaction. This is a remote role with required travel to the Bellevue, WA office for in-person events a few times per year.
What you will do
- Effectively communicate requirements and actively track the timely receipt of outstanding due diligence items and coordinate resolution of issues as needed to meet closing timelines.
- Review title insurance commitments and exceptions to assure the loan is in first lien position and not subject to hidden defects or monetary encumbrances that may impact the security for the loan. Complete standard escrow instructions containing the permitted exceptions and required endorsements. Review survey if applicable.
- Prepare and distribute SNDA's if applicable. Review signed estoppels upon receipt to the rent roll used to underwrite the loan to identify any exceptions and elevate for analysis as appropriate.
- Review borrower formation documentation to ascertain the appropriate powers and designated parties permitted to execute documents on behalf of the entity. Select and prepare standard loan documentation to properly incorporate the approved terms and requirements of the loan.
- Execute funding process including the finalization and transmittal of final loan documents, calculation of funding wire, communication with escrow, system inputs, file organization, verification of document execution and wiring procedures.
Why work at Symetra
"Symetra will spoil you. There aren't many companies that will put as much effort into you being a success as Symetra. The culture will challenge you but simultaneously put you at ease. Failure is seen as integral to the learning process so there is less reason to be fearful of it." - Kerry S., Sr. Systems Analyst
“I feel welcome and included at Symetra every day and I really believe you can be you at Symetra." - Megan H., Deputy Chief Compliance Officer
What we offer you
We don’t take a “one-size-fits-all” approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.
- Flexible full-time or hybrid telecommuting arrangements
- Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
- Paid time away including vacation and sick time, flex days and ten paid holidays
- Give back to your community and double your impact through our company matching
- Want more details? Check out our Symetra Benefits Overview
Compensation
Hourly Range: $36.08 – $60.10 plus eligibility for annual bonus programs