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Real Estate Closer I / Remote

$70k - $80k
Full-time

The Community Preservation Corporation

Role Description
The Closing Coordinator role provides operational support and coordination for loan modifications within CPC’s community stabilization portfolio. This position oversees modification intake, tracking, document coordination, and post-closing quality control to ensure all modification requests are accurately documented, compliant with FDIC and internal requirements, and processed in a timely manner. The Closing Coordinator works closely with Servicing, Asset Management, Legal, Borrowers, and external partners to support efficient portfolio management and maintain high data quality across all systems.

  • Manage intake, tracking, and coordination of loan modification requests, ensuring completeness, eligibility, and compliance with internal policies, investor requirements, and regulatory standards.
  • Prepare, assemble, and coordinate modification documentation—including amendments, extensions, rate changes, covenant updates, and collateral adjustments through internal review, approval, and execution.
  • Serve as the primary point of contact for modification-related coordination across Asset Management, Servicing, Legal, Credit, Finance, borrowers, and third-party partners.
  • Oversee the execution, receipt, recording, and filing of modification documents, ensuring accuracy of loan terms, fees, escrow requirements, and repayment schedules.
  • Perform post-closing quality control, including verification of document accuracy, servicing system updates, billing setup, and resolution of post-closing discrepancies.
  • Monitor timelines and proactively manage deadlines to support timely completion of modification requests.
  • Identify process gaps or risks and collaborate with internal stakeholders to improve workflows, controls, and data quality.
  • Support portfolio management efforts by ensuring accurate, reliable modification data across systems and reporting platforms.
  • Maintain organized electronic records and support audits, examinations, and internal reviews in accordance with documentation retention and control standards.

Qualifications

  • Bachelor’s degree in business, Finance, Real Estate, or a related field; equivalent experience considered.
  • 3–5+ years of experience in loan closing, servicing, asset management, or commercial real estate finance.
  • Strong understanding of loan documents, commercial real estate terminology, workout/modification structures.
  • Ability to interpret, analyze, and succinctly summarize legal and financial documents.
  • Exceptional attention to detail with the ability to manage multiple time-sensitive priorities in a fast-paced environment.
  • Strong analytical, problem-solving, organizational, and project-management skills.
  • Excellent communication skills with a customer-service mindset and responsive follow-through; effective working with cross-functional teams.
  • Proficiency with loan servicing or banking systems and strong MS Office skills (Outlook, Excel, Word); working knowledge of escrow, tax, insurance, and covenant compliance processes.

Requirements

  • This is a remote role available in Missouri, Kansas, and Texas. Periodic travel to our Manhattan or Chappaqua, NY office may be required.
  • The salary range is $70,000 – $80,000, dependent on experience.
  • Applicants must be authorized to work in the United States. The Community Preservation Corporation does not provide employment sponsorship of any kind.
  • Candidates are responsible for ensuring they meet all minimum qualifications for the position at the time of application.

Benefits

~The Community Preservation Corporation is an Equal Opportunity Employer, and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.

Vacancy posted 6 days ago
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