Responsible for assisting in the closing of GSE's (Government Sponsored Enterprise): Fannie Mae, Freddie Mac and HUD/FHA multifamily loans. Assists the Loan Closer with the decision-making process in determining whether due diligence items satisfy lender requirements and the eventual buyer of the loan or security backed by the loan. Assists in the determination as whether a loan has met all of the conditions required prior to funding, and will be instrumental in insuring that all requirements of loan closing and delivery have been met.
ESSENTIAL DUTIES AND RESPONSIBILITES
Administers the distribution of GSE (Government Sponsored Enterprise) forms to field offices as needed.
Tracks loan closings and funding (Administer the NSS pipeline).
Tracks loan and commitment due dates.
Assists in preparing loan packages for sale of loans in the secondary market.
Provides overall support to loan closer and/or team.
Other duties as assigned.
No formal supervisory responsibilities in this position.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and EXPERIENCE
High School diploma or General Education Degree (GED) required. Bachelor's degree from a four-year college or university and/or a minimum of 3 years related experience.
Prior Loan Closing and/or Asset Management related experience within a title company, bank or commercial/residential mortgage banker preferred, but not required.
CERTIFICATES and/or LICENSES
Salesperson or real estate brokers license preferred, but not required.
Ability to comprehend and interpret instructions, short correspondence, and memos and ask clarifying questions to ensure understanding. Ability to write routine reports and correspondence. Ability to respond to common inquiries from clients, co-workers, and/or supervisor. Ability to effectively present information to an internal department and/or large groups of employees.
Requires basic knowledge of financial terms and principles. Ability to calculate simple figures such as percentages.
Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations. Requires basic analytical skills.
OTHER SKILLS and ABILITIES
Working knowledge of Microsoft Suite products including: Word, PowerPoint, Excel, etc.
Working knowledge of title insurance policies and property surveys, mortgage banking industry, with an emphasis on the loan closing and funding areas.
Commissioned Notary Public preferred. Ability to perform in fast paced, high volume environment.
SCOPE OF RESPONSIBILITY
Decisions made with general understanding of procedures and company policies to achieve set results and deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.
Internal Number: 20017077
With broader and deeper capabilities than any other company, CBRE is the leading full-service real estate services and investment organization in the world.
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2017 revenues of $14.2 billion and more than 80,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #214 in 2017. It also has been voted the industry’s top brand by the Lipsey Company for 17 consecutive years, and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for six years in a row. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”
CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.