Commercial Mortgage Closer

4 days ago

Winnipeg, Canada Montrose Mortgage Corporation Ltd. Full time

**Responsibilities**:

- Review loan documentation and coordinate with internal teams, borrowers, legal counsel, title companies, and other stakeholders to facilitate the closing of commercial mortgage loans.
- Knowledge of mortgage documents, including commitment letters, promissory notes, deeds of trust, and other mortgage related documentation, to ensure accuracy and compliance with regulatory requirements.
- Coordinate funding and disbursement of loan proceeds, ensuring timely and accurate completion of transactions.
- Conduct final reviews of closing packages to verify accuracy of loan terms, fees, and disclosures.
- Communicate effectively with clients, brokers, and other parties involved in the closing process to address any questions or concerns.
- Stay informed about industry trends, market conditions, and regulatory changes impacting commercial real estate lending.
- Collaborate with underwriters, lenders, solicitors, and other team members to resolve issues and ensure a smooth closing process.

**Requirements**:

- Minimum of 5 years of experience in commercial mortgage administration, with a focus on loan closing and documentation.
- Strong understanding of commercial mortgage lending processes, including, due diligence, closing procedures, and basic knowledge of underwriting.
- Extensive knowledge of CMHC’s guidelines and loan funding requirements and procedures.
- Proficiency with Microsoft suite of products, including advanced knowledge of MS Excel.
- Exceptional organizational skills and attention to detail.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Excellent communication skills, both written and verbal.
- Customer-centric mindset with a commitment to delivering exceptional service.
- Knowledge of regulatory requirements governing commercial real estate lending.
- Commercial mortgage closer certification or designation (e.g., Certified Commercial Mortgage Closer) would be considered an asset.

**Benefits**:

- Competitive salary commensurate with experience.
- Comprehensive benefits package, including medical, and dental coverage.
- Retirement savings plan with employer matching (after 2 years of continuous employment).
- Paid time off and holiday pay.
- Opportunities for professional development and career advancement.
- Dynamic and collaborative work environment.

**Deadline to Apply**:May 24, 2024

**Benefits**:

- Dental care
- Extended health care
- Life insurance
- Paid time off
- RRSP match

Schedule:

- Monday to Friday

**Experience**:

- mortgage: 1 year (preferred)

Work Location: In person

Application deadline: 2024-05-24

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