Bay Colony Development Corp. ยท 8 hours ago
Closing Specialist
Waltham, MA
Part-time
Onsite
Entry, Mid Level
2+ years expBay Colony Development Corp. is a Certified Development Company dedicated to supporting small businesses through the SBA 504 Loan Program. The SBA Closing Specialist is responsible for managing the closing process for SBA 504 loans, ensuring compliance with SBA guidelines and internal procedures.
Financial Services
Responsibilities
Coordinate and oversee the closing of SBA 504 loans from approval through funding
Prepare and review closing documentation in accordance with SBA SOP 50 10 and company standards
Communicate with all parties involved to ensure timely and accurate closings
Submit required documentation to SBA and maintain compliance throughout the process
Track loan progress and maintain detailed records in internal systems
Resolve issues and respond to inquiries related to loan closings
Stay informed of changes in SBA regulations and best practices
Attend in person closings
Complete site visits for funding loans
Perform other duties as required from time to time
Qualification
Required
2+ years of experience in commercial lending, preferably with SBA loan closings
Exceptional attention to detail and organizational skills
Excellent written and verbal communication abilities
Ability to manage multiple priorities and work independently
Proficiency in Microsoft Office and loan management software
Benefits
Comprehensive insurance.
401(k) plan
Generous vacation policy and holidays.
Opportunities for professional development and growth.
Company
Bay Colony Development Corp.
Bay Colony Development Corp. is a CDC whose purpose is to stimulate economic development through the creation and preservation of jobs.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase