Grandbridge Loan Closing Analyst II
Location: Birmingham, Alabama
Description: BB&T Human Systems is currently interviewing Grandbridge Loan Closing Analyst II right now, this job will be designated in Alabama. More details about this job opportunity kindly see the descriptions. Line of Business: Grandbridge Group
Job Category: Professionals
Desired Skills:
1. Some mortgage banking or commercial real estate underwri! ting experience
desirable.
Minimum Qualifications:
1. Bachelor?s degree in business-related field, or equivalent education and
related training and/or experience
2. Four (4) years paralegal/real estate lending experience
3. Demonstrated excellent communication skills
4. Demonstrated excellent problem solving and decision making skills
5. Demonstrated proficiency in basic computer applications such as MS Office
products
6. Ability to travel, occasionally overnight
Responsibilities:
1. Manage commercial real estate loan closings (both Life Company & Conduit)
interacting with lenders, borrowers, attorneys for both parties, and
producers.
2. Analyze lender's commitment to ensure satisfaction of commitment provisions
and issue closing checklist with exhibits.
3. Coordinate ordering all required third party reports with the production
officer.
the borrower's insurance agent to ensure they are in compliance with lender
guidelines, appraisal, leases, and certified rent roll.
5. Analyze terms and provisions of estoppels and subordination, non-disturbance
and attornment agreements (SNDA'S) in comparison with the lease agreements and
certified rent roll. Determine the acceptability of any forms not on standard
lender forms.
6. Oversee the execution of the SNDA's and determine leases of record. Send
fully executed SNDA's to title company for recording.
7. Review proposed drafts of special escrow agreements (i.e. tenant up fit and
leasing commissions, rental achievement) paying particular attention to
indemnification language and fees to the escrow agent.
8. Calculate interim interest, tax and hazard insurance escrow deposits to be
collected at closing.
9. Ensure collection of origination fee at closing and, if required,! prepare
closing settlement statement.
10. Review any settlement statement(s) prepared by the title company or
borrower's attorney prior to closing.
11. Prepare sources and uses statement for conduit transactions.
12. Verify loan documentation for compliance with state statutes and commitment.
Prepare loan set-up form.
13. Provide periodic updates regarding the status of loan closings.
14. Serve as resource to Loan Closing Analyst I.
15. Perform other duties as assigned.
Preference for Commercial Real Estate Paralegal Experience
- .
If you were eligible to this job, please deliver us your resume, with salary requirements and a resume to BB&T Human Systems.
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This job will be opened on: Thu, 25 Apr 2013 18:26:06 GMT
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