Closing Coordinator – Multifamily, CRE Loans

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Logo of The Community Preservation Corporation

The Community Preservation Corporation

51 - 200 employees

Founded 1974

🏠 Real Estate

💸 Finance

🤝 Non-profit

Real Estate • Finance • Non-profit

The Community Preservation Corporation is a national nonprofit lender and investor that finances, acquires, and preserves affordable, workforce, and sustainable multifamily housing. It provides construction and bridge loans, permanent mortgage products (including as a nonprofit-owned Freddie Mac, Fannie Mae, and FHA lender), and equity investments, while administering programs to advance electrification, climate-friendly building practices, and developer access for underserved communities. CPC leverages decades of housing finance and public policy expertise to expand affordable housing, promote long-term affordability and stability, and support community-scale sustainability and economic inclusion across the U. S.

📋 Description

• Manage intake, tracking, and coordination of loan modification requests, ensuring completeness, eligibility, and compliance with internal policies, investor requirements, and regulatory standards. • Prepare, assemble, and coordinate modification documentation—including amendments, extensions, rate changes, covenant updates, and collateral adjustments through internal review, approval, and execution. • Serve as the primary point of contact for modification-related coordination across Asset Management, Servicing, Legal, Credit, Finance, borrowers, and third-party partners. • Oversee the execution, receipt, recording, and filing of modification documents, ensuring accuracy of loan terms, fees, escrow requirements, and repayment schedules. • Perform post-closing quality control, including verification of document accuracy, servicing system updates, billing setup, and resolution of post-closing discrepancies. • Monitor timelines and proactively manage deadlines to support timely completion of modification requests. • Identify process gaps or risks and collaborate with internal stakeholders to improve workflows, controls, and data quality. • Support portfolio management efforts by ensuring accurate, reliable modification data across systems and reporting platforms. • Maintain organized electronic records and support audits, examinations, and internal reviews in accordance with documentation retention and control standards.

🎯 Requirements

• Bachelor’s degree in business, Finance, Real Estate, or a related field; equivalent experience considered. • 3–5+ years of experience in loan closing, servicing, asset management, or commercial real estate finance. Multifamily or commercial lending experience strongly preferred • Strong understanding of loan documents, multifamily or commercial real estate terminology, workout/modification structures. • Ability to interpret, analyze, and succinctly summarize legal and financial documents. • Exceptional attention to detail with the ability to manage multiple time-sensitive priorities in a fast-paced environment. • Strong analytical, problem-solving, organizational, and project-management skills. • Excellent communication skills with a customer-service mindset and responsive follow-through; effective working with cross-functional teams. • Proficiency with loan servicing or banking systems and strong MS Office skills (Outlook, Excel, Word); working knowledge of escrow, tax, insurance, and covenant compliance processes.

🏖️ Benefits

• Offers Bonus

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