Loan Closing Specialist

As our Loan Closing & Servicing Specialist you will sit at the center of the lending process turning approved loans into closed deals and closed deals into well-managed high-performing assets. Youll manage a dynamic portfolio spanning predevelopment acquisition construction and permanent loans across affordable and market rate housing community facilities and other mission-critical community development projects.

This is a role for someone who takes pride in precision thrives on juggling multiple moving pieces and wants to build real lasting relationships with borrowers attorneys loan officers and community partners while advancing economic and community development. Were looking for a candidate with creativity diligence enthusiasm a growth mindset and a genuine passion for making a meaningful measurable community impact.

• Coordinate and facilitate the loan closing process across a varied portfolio including predevelopment acquisition construction and permanent loans for affordable and market rate housing mixed-use developments nonprofits and other community and economic development projects.
• Develop and maintain closing checklists; collect prepare and review required loan forms documentation and due diligence materials.
• Serve as the primary point of contact among loan officers borrowers attorneys/legal counsel and third-party partners throughout the closing process.
• Partner with legal counsel on loan document preparation review and collection of post-closing items.
• Review loan documents to confirm accurate implementation of approved loan terms and compliance with CDFs Lending Policy.
• Confirm project details at loan closing to ensure accurate compliance reporting.
• Coordinate disbursement of closing funds and related third-party payments.
• Enter review and maintain loan data and closing records in lending systems.
• Provide regular updates on closing status and progress to internal stakeholders.

• Support day-to-day loan servicing activities and procedures.
• Assist loan officers asset managers and Finance in processing ongoing loan transactions.
• Support construction loan budget management and related disbursement processing.
• Assist with borrower reporting and project documentation collection.
• Maintain loan records and systems to reflect transactions modifications status changes and repayments.
• Support other servicing needs and special projects as assigned.

• Loan closings are completed on time and meet department production goals.
• Loan documentation and files are accurate complete and well organized.
• You manage multiple priorities efficiently without sacrificing quality.
• Borrowers and internal partners report a high level of satisfaction with your responsiveness and service.
• You contribute to a collaborative team-oriented culture.
• You model accountability ownership and follow-through.
• You build strong working relationships with colleagues and external partners.

• Associate or Bachelors degree in Business Administration Finance or a related field required; paralegal certification is a plus.
• Minimum of 3 years of experience in loan closing loan servicing/operations banking title/escrow or real estate transactions.
• Experience with affordable housing multifamily lending or community development finance strongly preferred.
• Familiarity with LIHTC HTC NMTC and other publicly supported housing initiatives preferred.

• Strong aptitude for numbers problem-solving and teamwork.
• Excellent customer service and communication skills.
• Ability to manage multiple projects and deadlines with strong attention to detail.
• Proficiency with loan servicing/CRM systems and Microsoft Office.
• Strong written verbal and interpersonal communication skills.

• Competitive pay: $55000-$65000 depending on experience and qualifications
• Hybrid schedule with three days in office and two days remote
• Generous paid time off
• Medical dental and vision insurance
• Long-term and short-term disability insurance
• 403(b) retirement plan with company contribution
• Company-paid life insurance
• Tuition reimbursement
• Technology stipend

Cincinnati Development Fund is a 501(c)(3) nonprofit lending institution that fills a gap not covered by traditional lenders. CDF provides funding for real estate development in underserved markets in the Greater Cincinnati area as well as facilities and equipment funding for nonprofit organizations throughout the region.

CDFs mission is to provide innovative real estate financing for projects that strengthen low-income neighborhoods and improve lives. Our vision is to be at the forefront of redevelopment plans in Greater Cincinnati helping low-income communities preserve historic buildings and create vibrant inclusive neighborhoods.

LinkedIn: Cincinnati Development Fund

Apply online today to join a collaborative mission-driven team where youll play a key role in bringing impactful community development projects from approval to closing while helping strengthen neighborhoods throughout Greater Cincinnati.

A certified Community Development Financial Institution (CDFI) and Community Development Entity (CDE) Cincinnati Development Fund is an equal opportunity employer and an equal opportunity provider.

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