What are the responsibilities and job description for the Paralegal (DSCR & RTL) position at Redwood Trust Inc?
Position Summary
The Paralegal will be responsible for the working with internal deal counsel in the documentation and closing of
real estate financing transactions. This position will work closely with, internal deal team members, outside
vendors and/or other third parties.
Responsibilities & Duties
- Research all Addresses and APNs for real estate financing transactions.
- Review title commitments to ensure compliance with CoreVest’s standards.
- Assist with drafting of unsigned documents as needed on real estate financing transactions.
- Work with CoreVest’s counsel to facilitate an efficient loan closing process.
- Work with CoreVest’s counsel to review borrower entity documentation, structures, and background searches.
- Assist with the review of closing packages to ensure that they are complete, and deals are ready for funding.
- Effectively apply project coordination and loan closing standards.
- Develop, and implement, best practices and processes for real estate financing transactions.
- Communicate effectively and productively with underwriters, loan managers, loan originators, and other key people and departments involved in real estate financing transactions.
- Serve as backup for other key people and departments when someone is out of office.
Required Experience & Skills
- Paralegal certificate as well as a bachelor’s degree or equivalent work experience
- Preferably 2 years working experience in commercial real estate loan transaction experience
- Strong working knowledge of business associations, corporate formation, and loan documents
- Escrow and title experience are pluses
- Proficiency in Word, PowerPoint, and Excel
- Strong written and verbal communication skills
- Strong attention to detail and organizational skills
A reasonable estimate of the total compensation range for this role is $71,000-$90,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.
At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Salary : $71,000 - $90,000