Housing Partnership Network · 5 hours ago
Sr. Asset Management & Loan Closing Associate
Housing Partnership Network (HPN) is an award-winning membership network of leading affordable housing and community development nonprofits. The Senior Asset Management & Loan Closing Associate supports Asset Management functions and the loan closing process for affordable housing loans, ensuring documentation is accurate and compliant while coordinating with various stakeholders for successful loan closings.
Responsibilities
Coordinate all aspects of loan closings from commitment through funding
Schedule and facilitate closings with borrowers, underwriters, attorneys, and title
Manage communications with borrowers, title, and internal teams
Track and collect due diligence items (title, insurance, survey, etc.)
Maintain and manage closing checklists, calendars, and escrow instructions
Initiate UCC filings and coordinate with title companies
Maintain digital loan files and update Salesforce
Upload executed documents and follow up on outstanding items
Flag borrower-specific compliance issues and support draw coordination
Perform initial compliance checks (e.g., insurance, title review)
Coordinate with outside counsel for draft requests and track legal invoices
Monitor the status of closing-related deliverables and flag issues
Prepare/review template closing documents (draft settlement statements, funding instructions)
Ensure legal and internal compliance before disbursement
Collaborate with post-closing teams for transition and trailing documents
Support audits by pulling files and responding to document requests
Provide customer service to internal and external stakeholders
Support post-closing borrower onboarding including compliance calendars, file uploads, and key covenants
Assist with ongoing monitoring including review of compliance certificates, financial reports, and borrower performance
Help maintain asset management trackers, risk rating updates, and site visit preparation
Coordinate with internal teams to flag underperforming loans or missing compliance items
Assist with the preparation of asset management memos, watchlist summaries, or risk-related presentations
Input updated borrower performance data and compliance items into Salesforce and the shared drive
Collaborate with the Director on special projects related to portfolio performance and reporting
Qualification
Required
Associate's or Bachelor's degree in Business Administration, Finance, Real Estate, or related field
2–5 years of experience in loan closing, preferably in commercial, real estate, or CDFI lending
Familiarity with different loan products (e.g., construction, permanent, revolving, or gap financing)
Experience with loan monitoring, borrower compliance, or asset management
Strong attention to detail and organizational skills
Proficient in Microsoft Office (Word, Excel, Outlook) and loan origination systems
Ability to manage multiple transactions and deadlines
Excellent verbal and written communication skills
Knowledge of legal and regulatory documentation (e.g., promissory notes, security agreements, title policies)
Ability to interpret borrower financials, compliance documents, and track key covenant deliverables
Preferred
Experience working with CDFIs, nonprofit lenders, or mission-driven organizations
Familiarity with affordable housing, small business lending, or community development finance
Experience with Salesforce, risk rating systems, or borrower compliance tracking
Benefits
15 vacation days
12 sick days
12 paid holidays
Paid personal day
Medical, dental and vision insurance
Health savings account
Flexible spending account
Dependent care flexible spending account
Retirement, and savings plan/401(k) match
Group life insurance
Short- and long-term disability
Parental leave
Sabbatical leave
Professional development and much more!
Company
Housing Partnership Network
Housing Partnership Network is a non-profit organization that builds affordable housing sectors for low and moderate-income people.
Funding
Current Stage
Early StageTotal Funding
$3.75MKey Investors
Ponce De Leon FoundationCommunity Development Financial Institutions Fund
2025-02-12Grant· $0.03M
2023-04-10Grant· $3.72M
Leadership Team
Recent News
2025-05-26
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