Loan Closing/Funding Analyst

Position Summary CoreVest (a division of Redwood Trust) is the leading private lender to residential real estate investors nationwide. CoreVest provides long-term loans for portfolios of rental properties. The Closing Analyst will be responsible for coordinating the long-term loan processing and funding, as well as interfacing with vendors, borrower teams and other third parties on diligence, processing and closing related activities. Responsibilities & DutiesAssist in the loan processing and closing process for commercial debt financing transactions backed by single family rentals (SFR) and multi-family rental portfoliosConduct analysis and prepare reserves related to taxes and insurances, prepare schedule of lender costs, review settlement statements and/or Closing Disclosure (TRID knowledge is preferred) prepared by escrow, review deeds, commitments and address issues related to title issuesWork with legal counsel, title and escrow, insurance, deal team and third parties to coordinate the kick-off, bank account set-up, title review, finalize insurance, document preparation, loan signing, funding, and closing processesWork with management team in developing policies and procedures related to the processing and closing related to term loansInterface with borrowers to compile required data and information, and resolve diligence related issues while mitigating risksEnsure closing packages are complete and facilitate boarding of closed loans with servicerEffectively apply project coordination and loan closing standards and develop best practice and processes for closingsWork with underwriting team and review investment committee memo summarizing deal metricsAssist with warehouse financing draws, securitization and facilitate post-closing issues raised by custodian or servicerDevelop and implement technology related process solutionsManage third party vendor relationships related to the processing and closing of loansWork well under pressure and handle multiple transactions in a fast-paced deal environmentAble to multi-task and respond to all communications internally and externally within 24 hours of receiptPerform other related duties or special ad hoc projects as assignedExercise discretion, independent judgment, and problem-solving abilities to complete work assignments Required Experience & EducationBachelor’s degree with a major related to Finance, Economics or Real Estate preferredMinimum of three years of processing and/or closing/fundingExperience in commercial lending—single family rental, multifamily, bridge (fix and flip), ground up and/or new construction lending a plusEscrow and title experience a plusCustomer focused mindset with excellent interpersonal, written, and verbal communication skillsProficient Word, PowerPoint and Excel skillsExperience in SalesforceStrong attention to detail and organizational skills A reasonable estimate of the total compensation range for this role is $70,000-$80,000. 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.