CBRE Junior Loan Closing Analyst - HMF in Denver, Colorado

Junior Loan Closing Analyst - HMF

Denver, Colorado, United States at https://cbre.referrals.selectminds.com/jobs/25338/other-jobs-matching/location-only

Requisition # 17020856

JOB SUMMARY

Responsible for assisting in the closing of HUD/FHA multifamily and healthcare loans and construction loan administration process. Assists staff and management with the decision making process in determining whether due diligence items satisfy the requirements of the lender and buyer of the loan or security backed by the loan prior to loan funding.

Interfaces with internal and external parties, including loan originator, underwriter, mortgage broker, borrower, attorney, title company, security broker dealer, government employees, servicing and asset management personnel to gather due diligence items for review.

Gathers invoices, receipts, and other documentation as appropriate from the borrower, title company, attorneys, and others as appropriate to assist in the preparation of a loan settlement statement and enters data in the closing model workbook.

Conducts preliminary review of documentation and due diligence items received and makes recommendations for such item meeting funding or securitization requirements based on HUD/GNMA

Guidelines and internal policies and procedures.

Prepares loan funding package for transmittal to Houston CAG and warehouse lender, subject to review by Senior Closing Analyst and transmission approval of Closing Vice President.

Keeps Closing Vice President and other parties informed of potential problems or delays and makes recommendations based on HUD/GNMA Guidelines and internal policies and procedures and presents possible solutions to Closing Vice President.

Prepares pool and loan delivery packages for transmission to investor; subject to review by Senior

Closing Analyst and transmission approval by Closing Vice President.

Prepares and transmits closed loan and pool information to servicing, asset management, accounting, and investor reporting departments; subject to review by Senior Closing Analyst or Closing Vice President.

Assists the Senior Closing Analyst and/or Closing Vice President in the review of construction loan borrower requests, including monthly requisitions for loan funds; advance of escrow funds; change orders; permissions to occupy; and other ad hoc requests and makes disposition recommendations based on HUD/GNMA guidelines and internal policies and procedures to Senior Closing Analyst and/or Closing Vice President.

Assists the Senior Closing Analyst and/or Closing Vice President in the construction to permanent loan status conversion of a closed construction loan, including review of cost certification, conducting escrow analysis, and reconciling final loan and equity proceeds.

Other duties as assigned.

SUPERVISORY RESPONSIBILITIES

No formal supervisory responsibilities in this position.

EDUCATION and EXPERIENCE

High School diploma or General Education Degree (GED) required with a minimum of 2 years related experience. Bachelor’s degree from a four-year college or university preferred. Previous related experience in loan underwriting, loan closing and/or asset management, preferably with a title company, bank or mortgage banker (either commercial or residential) preferred.

CERTIFICATES and/or LICENSES

Salesperson or real estate brokers license preferred, but not required.

COMMUNICATION SKILLS

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 or complaints from clients, co-workers, and/or supervisor. Ability to effectively present information to an internal department and/or large groups of employees.

FINANCIAL KNOWLEDGE

Requires basic knowledge of financial terms and principles. Ability to calculate simple figures such as percentages.

REASONING ABILITY

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

Proficient in Microsoft applications including: Word, Excel, Access and Outlook; C&D, Multisuite and ALLregs. Must have the ability to work on computer databases. Basic understanding of the mortgage banking industry with an emphasis on the loan closing and funding areas. Ability to work in a deadline driven and ever changing priorities environment while simultaneously managing and effectively prioritizing the workload. Ability to work in a deadline driven and ever changing priorities environment while simultaneously managing and effectively prioritizing the workload.

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.

US Company Profile

About CBRE (NYSE: CBG): At CBRE, you are empowered to take your career path into your own hands. Enjoy workplace flexibility in a global organization with tremendous scale. Work in an inclusive and collaborative environment with supportive teammates. Come experience the employee advantage at CBRE.

CBRE has a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

As a Fortune 500 worldwide leader in real estate services, CBRE’s more than 70,000 professionals provide exceptional outcomes for clients in 60+ countries. When it comes to real estate, CBRE sees potential everywhere. We turn scale into strength, expense into performance, and property into prosperity. Visit CBRE.com.

Canada Profile

About CBRE (NYSE: CBG): At CBRE, you are empowered to take your career path into your own hands. Enjoy workplace flexibility in a global organization with tremendous scale. Come experience the employee advantage at CBRE.

CBRE Limited is an equal opportunity employer who welcomes and encourages applications from all persons regardless of race, national or ethnic origin, colour, age, religion, sex, sexual orientation, family status, gender identity or expression, disability or any other status or condition protected by applicable federal, provincial or territorial law. Accommodations are available on request for all candidates at any time. If you require accommodation at any stage of the recruitment process, please contact CBRE Human Resources at hrsccanada@cbre.com mailto: hrsccanada@cbre.com or via telephone1-866-388-4346.

As a leader in real estate services, CBRE's professionals provide exceptional outcomes for clients in 60+ countries. Visit www.cbre.ca