What are the responsibilities and job description for the Multifamily Commercial Loan Administrator - Closing position at Freddie Mac?
At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
Are you someone who has a desire to join a division that is helping to build a better multifamily housing finance system? Apply to join as a Commercial Loan Closer and join a team in the Multifamily division responsible for ensuring that loan documentation and collateral reviews are consistent with the terms of the Loan Commitment and reflected accurately on our loan systems.
Our Impact:
Our team ensures that the loans purchased by Freddie Mac Multifamily follow the Optigo Lender Guide requirements, working with Lenders and their counsel to address any issues. We support the purchase of a high volume of loans while providing stellar customer service.
Your Impact:
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Non-Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $94,000 - $142,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
Position Overview:
Are you someone who has a desire to join a division that is helping to build a better multifamily housing finance system? Apply to join as a Commercial Loan Closer and join a team in the Multifamily division responsible for ensuring that loan documentation and collateral reviews are consistent with the terms of the Loan Commitment and reflected accurately on our loan systems.
Our Impact:
Our team ensures that the loans purchased by Freddie Mac Multifamily follow the Optigo Lender Guide requirements, working with Lenders and their counsel to address any issues. We support the purchase of a high volume of loans while providing stellar customer service.
Your Impact:
- Review commercial loan closing documentation delivered by Optigo lenders
- Identify document discrepancies and provide reports to sellers for resolution
- Provide resolutions to an extensive range of complicated problems identified during review
- Represent the organization as the principal customer contact
- Interact with various business areas on significant technical matters frequently requiring coordination across organizational lines to fulfill the functions of the position
- Prioritize tasks based on business needs
- 5-7 years of related experience
- College degree or equivalent experience, preferred
- Experience in reviewing loan documentation (paralegal experience, commercial/multifamily document experience), preferred
- Closing experience
- Demonstrated experience in a role requiring attention to detail
- Strong Microsoft Office Suite Skills
- Meet tight deadlines on a consistent basis
- Strong written and verbal communication skills
- Must be a team player and enjoy working in a cooperative environment
- Ability to think outside of the box and flexibility in times of high volume
- Self-sufficiency; Aptitude for taking initiative to problem solve
- Strong Attention to Detail and work ethic
- Ability to build upon prior knowledge
- Strong attention to detail and work ethic
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Non-Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $94,000 - $142,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
Salary : $94,000 - $142,000