Construction Loan Closing Coordinator

Redwood Living IncIndependence, OH
11hOnsite

About The Position

The Construction Loan Closing Coordinator is a member of the Loan Operations team reporting directly to the Construction Loan Closing Manager (CLCM). This role provides hands-on support throughout the construction loan closing lifecycle, partnering closely with internal teams and external stakeholders to ensure timely, accurate, and compliant closings that directly support the growth of Redwood Neighborhoods. The position is highly collaborative and requires regular interaction with individuals at all levels of the organization, as well as lenders, legal counsel, title companies, and other third-party partners. As such, you will be expected to act as a Redwood brand ambassador, promote our brand, and provide the best experience possible for the Redwood stakeholders with whom you interact.  All Redwood employees are expected to conduct all organizational business and practices in accordance with Redwood company policies.

Requirements

  • Strong organizational and multitasking skills.
  • Excellent communication and collaboration abilities.
  • Attention to detail.
  • Ability to manage multiple projects simultaneously.
  • Strong interpersonal skills.
  • Analytical and critical thinking skills.
  • Exceptional attention to detail and accuracy.
  • Problem solving capabilities.
  • Respectfulness, trustworthiness, empathy, and leadership.
  • Ability to work under pressure to meet closing deadlines.
  • Excellent time management skills with proven ability to plan, organize and implement multiple tasks on a concurrent, real-time basis.
  • Strong verbal and written communication skills and general business acumen.
  • High School Diploma or GED required, college degree preferred.
  • 1+ years of experience in construction loan closing, commercial real estate lending, title/escrow, or banking required; 2+ years preferred.
  • General computer proficiency with digital document systems, workflow platforms, and Microsoft Office/Outlook/Excel required.

Nice To Haves

  • Familiarity with CRE loan documentation, construction terminology, and title/insurance materials preferred.
  • Experience with DocuSign and Microsoft D365/Copilot preferred.
  • Notary certification is not required but considered a plus.

Responsibilities

  • Review closing checklists with the CLCM and deliver outstanding due diligence items to the working group.
  • Actively participate in pipeline meetings and closing calls, providing regular status updates to the working group regarding outstanding due diligence items.
  • Coordinate and ensure that all signature pages related to closing documentation are properly executed and delivered to counsel, lender and title within the required deadlines.
  • Save and maintain due diligence materials and draft loan documents in designated SharePoint folders.
  • Input and update loan and property data in D365 throughout the closing process, ensuring all required information is finalized prior to closing the loan record.
  • Save final loan documents post-closing.
  • Assist in the end-to-end process of forming new LLCs, including coordinating Neighborhood and LLC naming and creating required Yardi property codes.
  • Monitor interest expiration dates for active construction loans and advise CLCM when dates are within 90 days of expiring. Assist the CLCM and the Director of Finance in obtaining extensions as needed.
  • Regularly communicate with the CLCM on the pipeline status to ensure alignment, timely issue resolution, and achievement of closing deadlines.
  • Perform other closing-related duties and special projects as assigned.
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