SBA Closing Specialist
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Job Summary
Assisting lenders in preparing and reviewing loan closing documentation for compliance with SBA 7(a) guidelines, the full-time remote SBA Closing Specialist will manage loan documentation, coordinate with borrowers and third parties, and ensure the accuracy of closing packages.
Key responsibilities
- Prepare and review SBA loan closing documents for compliance with SBA guidelines and lender requirements
- Compile and organize loan application documents into complete and compliant loan packages for SBA submission
- Act as the primary contact for borrowers, lenders, and third parties throughout the loan process, providing updates and coordinating documentation
Required qualifications
- Bachelor's degree in business, finance, or related field, or relevant work experience
- Minimum 2-4 years of experience in SBA loan closing or commercial lending
- In-depth knowledge of SBA 7(a) loan program guidelines and regulations (SOP 50 10)
- Strong understanding of loan documentation, closing procedures, and legal terms
- Experience with SBA loan processing software and document management systems preferred
Complete Job Description
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