Closing Specialist II

Mmc,-LLC-; Vernon (CA); On-site; USD 52,000 - 82,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k) Match

Paid Time Off

Holidays

Job summary

Lendistry is seeking a Closing Specialist II to support the timely funding and closing of small business loan transactions. You will work with internal teams, customers, and third parties to verify SBA documents, ensure compliance, and maintain accurate closing records for 7(a) and 504 programs.

Ideal candidates will have strong SBA knowledge, attention to detail, and the ability to manage multiple files in a fast-paced environment.

Qualifications

• Knowledge of SBA 7(a) and 504 eligibility, documentation, and closing requirements.
• Experience supporting SBA loan processing, underwriting, and closing activities.

Responsibilities

• Assist in preparing and reviewing loan closing documents per policies and procedures.
• Coordinate with borrowers, managers, underwriters, processors, and third parties for SBA documentation.
• Maintain loan files for SBA 7(a), 504, and other government-guaranteed programs throughout closing.
• Identify and resolve deficiencies, gaps, and conditions in a timely manner.
• Monitor timelines and follow up on outstanding conditions to support efficient closings.
• Maintain accurate records in lending systems and document repositories.

Skills

SBA 7(a) knowledge

SBA 504 knowledge

Loan closing

Documentation management

Communication skills

MS Office

Lending systems

Tools

Loan origination systems

Document management platforms

Microsoft Office

Job description

Lendistry is an Equal Opportunity/Affirmative Action Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, or membership in any other group protected by federal, state, or local law.If you need assistance or accommodation due to a disability, you may contact us at [e-mail] does not accept unsolicited resumes from recruiters, employment agencies, or staffing firms. To conduct business with Lendistry, a Master Services Agreement (MSA) must be executed and confirmed prior to submitting any information relating to a potential candidate. Without a signed MSA, Lendistry shall not be responsible to any individual or entity for any payment relating to any form of fee or compensation.And, in the event that a resume or candidate is submitted by a recruiter, an employment agency, or a staffing firm without a fully executed MSA, Lendistry has the unrestricted right to pursue and hire any of those candidate(s) without any legal or financial responsibility to the recruiter, agency, and/or firm.A Day in the LifeThe Closing Specialist II will be responsible for supporting the accurate and timely funding and closing of small business loan transactions. This role works closely with internal teams, customers, and third-party vendors to gather and review documentation, ensure compliance with government and source standards, and facilitate a smooth loan closing process. Some travel may be required.Lendistry: Who We AreWe’re proud to be the nation’s largest minority-led, tech-savvy lender for small businesses and commercial real estate. As a certified Community Development Financial Institution (CDFI) and Community Development Entity (CDE), our mission is all about creating economic opportunities and fueling growth for small business owners and their communities. Join us as we pave the way with innovative financing and financial education!What You’ll Be DoingAssist in the preparation and review of loan closing documents in accordance with policies and procedures.Ensure that loan packages are complete and accurate prior to closingCoordinate with borrowers, Relationship Managers, Underwriters, Processors, and third parties to obtain and validate SBA-required documentation.Prepare and maintain loan files for SBA 7(a), 504, and other government-guaranteed lending programs throughout the closing lifecycle.Identify and resolve documentation deficiencies, compliance gaps, and closing conditions in a timely manner.Ensure all SBA eligibility, collateral, and documentation requirements are met prior to loan closing.Monitor pipeline timelines and proactively follow up on outstanding conditions to support efficient loan closing.Maintain accurate records and data integrity within lending systems and document repositories.Stay current on SBA procedural updates, SOP changes, and regulatory requirements impacting loan closing operations.Perform other duties as assigned to support the efficient and effective operation of the department and that help to make Lendistry the best place to work!Your Areas of Knowledge and ExpertiseStrong knowledge of SBA 7(a) and 504 loan programs, including eligibility guidelines, documentation, and government-guaranteed loan closing requirements.Familiarity with SBA SOP guidelines, eligibility standards, and compliance documentation requirements.Understanding of SBA loan lifecycle processes, including processing, underwriting support, closing coordination, and funding preparation.Ability to interpret and apply federal lending regulations, internal policies, and SBA compliance standards.Strong organizational skills with the ability to manage multiple SBA loan files in a fast-paced environment.Proficiency with loan origination systems, document management platforms, and Microsoft Office applications.Excellent communication and follow-up skills when working with borrowers, internal stakeholders, and external partners.Why You'll Love Working Here:Comprehensive Medical, Dental, and Vision InsuranceGenerous Paid Time OffBirthday Day Off12 Paid Company Holidays401(k) MatchFSA and HSAPaid Life InsurancePaid Disability InsurancePet InsuranceEmployee Assistance Program (EAP)Professional Development CoursesIn Office Provided Snacks and DrinksGym Facilities (LA & Tustin/CEC Offices)In Office Engagement ActivitiesCompensation RangeThe US base salary range for this full-time position is $25.00 - $35.00 an hour and up to $5,000/month in variable pay.Our salary ranges are determined by role, level, and location.The range displayed on each job posting reflects the minimum and maximum base salary for new hires for the position across all US locations. Within the range, individual pay is determined by multiple factors like job-related skills, experience, and state of residence. Your recruiter can share more about the specific salary range during the interview process.Please note that the compensation details listed in US role postings reflect the base salary only, and do not include any variable compensation elements.Physical RequirementsThis is a stationary position that requires frequent sitting (approximately 95%), repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus. It also may require occasional standing, lifting, carrying 20lbs or less, walking, kneeling, bending/stooping, twisting, pulling/pushing, and reaching above the shoulder. Employees in this position must be physically able to efficiently perform the essential functions of the position.ACKNOWLEDGEMENTB.S.D. Capital, Inc. dba Lendistry is an equal employment opportunity employer committed to providing its employees, applicants and other covered persons with equal opportunities without regard to race, color, age (40 or older), religious creed (including religious belief, practice or dress and grooming practices), national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender (including pregnancy, childbirth or medical condition related to pregnancy or childbirth), gender expression, gender identity, sexual orientation, military or veteran status (including past, current or prospective service), or any other characteristic protected under applicable federal, state or local law.