Paralegal / Foreclosure Coordinator - Private Lending

BD Capital is a private lending firm focused on providing flexible, asset-based financing solutions for real estate investors across the country. We specialize in bridge, construction, and rental property loans, supporting borrowers through acquisitions, refinances, and ground-up development projects. Our platform is built around speed, transparency, and execution. We pride ourselves on moving quickly from term sheet to closing while maintaining disciplined underwriting and a consistent, scalable process. Our team works closely with borrowers and brokers to navigate complex deals, ensuring clear communication and a streamlined experience from start to finish. At BD Capital, we are not just transaction-focused, we aim to build long‑term relationships with our clients by being a reliable capital partner across multiple projects. Internally, we emphasize collaboration, accountability, and continuous process improvement to support our growth and deliver a high level of service on every deal. Position Summary We are looking for a Paralegal who thrives in a fast‑paced, entrepreneurial growth environment. This individual will support our legal and asset‑management functions. This role is focused primarily on managing the legal aspects of defaulted loans — working closely with outside foreclosure counsel across multiple jurisdictions — while also supporting the broader lending operation with default loan documentation, lien position review, and collateral oversight. The ideal candidate is organized, proactive, and comfortable operating in a fast‑paced, commercial lending environment. Responsibilities Loan Documentation & Collateral Review Track maturity dates, extension options, and loan modification terms across the active loan portfolio. Assist with preparation of loan modification agreements, extension agreements, and forbearance documentation as directed by management or counsel. Default Monitoring & Pre‑Foreclosure Coordinate issuance of default notices, demand letters, and cure notices in accordance with loan documents and applicable state law. Review and monitor tax liens, municipal liens, HOA liens, judgment liens, mechanic's liens, and other encumbrances impacting collateral recovery. Evaluate collateral position and property condition in coordination with asset managers and outside counsel. Assist in negotiating and documenting payoff agreements, deed‑in‑lieu transactions, and workout arrangements under attorney supervision. Foreclosure Management Serve as the primary internal point of contact for outside foreclosure counsel on all referred matters. Refer defaulted loans to foreclosure counsel and provide all necessary loan file documentation, collateral information, and borrower data to initiate proceedings. Track all foreclosure milestones including Verification of Mortgage, Complaint filing, Service of Process, Motions, Judgments, Sheriff Sale scheduling, foreclosure sales, deed recording, and post‑sale actions. Review status reports and invoices from outside counsel; elevate issues and delays to management. Coordinate with foreclosure counsel on judicial and non‑judicial foreclosure proceedings across multiple states. Assist with preparation of credit bids, auction logistics, and post‑sale documentation. Manage REO (real estate owned) matters following completed foreclosure, including coordination of deed preparation, title clearance, and property management handoff. Prepare weekly foreclosure status reports and lead recurring default review meetings with Asset Management leadership and outside counsel. Construction Loan Oversight Support Coordinate with inspectors, title companies, and counsel on construction loan‑related title endorsements and lien waivers. General Legal & Administrative Maintain accurate and up‑to‑date status reports for all defaulted and referred loans. Organize and maintain files, correspondence, and closing documentation. Communicate professionally with borrowers, guarantors, outside counsel, title companies, and other third parties. Assist management with special projects and legal research as needed. Ad hoc projects, as assigned. Qualifications Working knowledge of judicial and non‑judicial foreclosure processes; multi‑state experience is a strong plus. Familiarity with fix and flip, bridge, and light to heavy rehab construction loan structures. Familiarity with distressed real estate, REO disposition, and deed‑in‑lieu transactions. Understanding of mechanic's lien laws and construction loan title insurance endorsements. Strong ability to manage a large, active docket with multiple simultaneous matters and deadlines. Proficiency with Microsoft Office; experience with loan management, construction management, and/or document management software a plus. Excellent written and verbal communication skills; ability to communicate clearly with outside counsel, borrowers, and internal stakeholders. High attention to detail, strong organizational skills, and ability to work independently with minimal supervision. Strong working knowledge of Google Sheets, MS Office and Sharepoint. Strong attention to detail. Well‑developed communication and interpersonal skills with an emphasis on customer service and teamwork. Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently within established timeframes. Naturally inquisitive with strong analytical and problem‑solving skills. Demonstrated ability to maintain confidentiality and use discretion in daily activities. Ability to work in a fast‑paced environment under pressure with tight deadlines and constant interruptions. Ability to flexibly adjust priorities in a changing environment. Self‑motivated team player with a strong work ethic and high level of personal accountability. Positive personality with a high level of integrity. Education & Experience Bachelor's degree or Paralegal Certificate from an ABA‑approved program. Minimum 3–5 years of paralegal experience, with direct exposure to real estate lending and foreclosure proceedings. Experience working for or with a private lender, hard money lender, mortgage company, or real estate law firm strongly preferred. Experience coordinating foreclosure referrals across multiple states and foreclosure law firms. Notary Public commission or willingness to obtain. Location Warren, NJ Employment Type Full Time BD Capital, LLC provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. #J-18808-Ljbffr BD Capital