Senior Mortgage Closing Specialist

3 days ago


Toronto, Ontario, Canada Vaco Full time
About the Role

We are seeking a highly skilled Senior Mortgage Closing Specialist to join our team. As a key member of our organization, you will be responsible for ensuring seamless loan closings and exceptional customer service.

Key Responsibilities
  • Loan Document Preparation: Prepare and negotiate letters of intent, commitment letters, loan documents, intercreditor agreements, syndication documents, postponement agreements, and priority agreements in compliance with credit requirements.
  • Tenant Estoppel Review: Review tenant estoppel documents and related materials to ensure accuracy and completeness.
  • Due Diligence Management: Engage service providers to complete property and legal due diligence, preparing introductory letters and checklists as needed.
  • Closing Support: Provide support to borrowers and originators/underwriters by initiating requests for information and documentation concerning the closing of each loan file.
  • Collaboration and Communication: Work closely with borrowers, underwriting teams, and third-party service providers to facilitate loan closings and resolve any issues that may arise.
Requirements and Qualifications
  • Experience: Minimum 2+ years of experience working closely with commercial mortgages, preferably with a lender or law firm.
  • Skills: Excellent organizational and communication skills, with the ability to handle multiple priorities and work independently.
  • Education and Certification: Strong understanding of mortgage closing processes and procedures, with knowledge of syndicated loans and FSRA disclosure requirements an asset.
Compensation and Benefits

The estimated salary for this role is $62,500 - $72,500 per year, depending on qualifications and experience. In addition to competitive compensation, we offer a comprehensive benefits package, including health, dental, and vision insurance, 401(k) matching, and paid time off.



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