Senior Closer, FHA Lending

About the Role

The Senior Closer, FHA Lending is responsible for managing a high volume of permanent and construction mortgage loan closings and fundings across all HUD loan types, inclusive of MAP and LEAN HUD programs and with varying levels of affordability components such as LIHTC. This role independently coordinates, monitors, and resolves pre-closing, closing, and post-closing matters, serving as Berkadia’s representative to HUD and clients throughout the closing process. The Senior Closer builds and maintains strong partnerships with borrowers, internal deal teams, outside counsel, HUD counterparts, and GNMA, while proactively identifying risks and resolving issues to protect the interests of all parties involved.

Responsibilities

• Manage the FHA Closing process from commitment submission through rate lock, closing, and delivery phases for a portfolio of loans, ensuring compliance with requirements and timeframes.
• Lead weekly or bi-weekly closing calls with counsel and stakeholders to identify and resolve checklist items, closing issues, and HUD requirements.
• Identify, escalate, and resolve risks to protect the interests of clients, HUD, investors, and Berkadia.
• Build and maintain relationships with borrowers, deal teams, outside counsel, HUD, and GNMA to facilitate timely and accurate closings.
• Drive results through resource utilization, cross-functional coordination, and technology solutions to enhance efficiency.
• Train, mentor, and support U.S. and India-based analysts in HUD closing functions, promoting consistency and collaboration.
• Review rate lock documentation, insurance requirements, and coordinate insurance reviews.
• Set up loan funding calculations, prepare account documents, and ensure accuracy of accounting entries.
• Prepare and coordinate closing statements, draws, and cost certifications with stakeholders.
• Request HUD payments, prepare wire requests, and balance reconciliation statements.
• Record loan and closing information in OmniView and prepare closing files for delivery.
• Track loan document delivery and follow up on recorded documents.
• Attend industry conferences and collaborate on process improvement activities.
• Mentor and assist in team training.

Qualifications

• 5-7 years of experience in an adjacent role with HUD loan expertise.
• Proficiency in math and calculations.
• Strong organizational skills and attention to detail.
• Excellent verbal and written communication skills.
• Advanced proficiency in Microsoft Office Suite.
• Ability to work independently and as part of a team.
• Strong interpersonal skills and confidence in communicating with internal and external stakeholders.
• Demonstrated ability to manage relationships and priorities in a deadline-driven environment.
• Ability to identify issues, assess risk, and drive timely resolution.
• Experience leveraging technology to improve process efficiency.
• Preferred: Experience training, mentoring, or guiding team members.

Benefits

• Monthly paid volunteer hours and donation matching.
• Employee Resource Groups for professional growth.
• Fertility and family planning services.
• Up to 12 weeks of fully paid parental leave.
• Mental health care, including free counseling sessions.
• Generous tuition reimbursement.
• Pet insurance discounts.

Berkadia is an equal opportunity employer committed to fostering a diverse and inclusive workplace. We provide reasonable accommodations for individuals with disabilities and sincerely held religious beliefs.