Hybrid Loan Closing Specialist — Community Impact

Cincinnati Development Fund; Cincinnati (OH); Hybrid; USD 55,000 - 65,000; Full time

Benefits offered by this job

Hybrid schedule

Medical, dental, and vision insurance

401(k) retirement plan

Paid time off

Company-paid life insurance

Job summary

Cincinnati Development Fund is seeking a detail‑driven Loan Closing & Servicing Specialist in Cincinnati, OH. You will close loans, manage a diverse portfolio, and support servicing across affordable and market-rate housing projects.

Ideal candidates have 3+ years in loan closing/servicing and strong analytical, communication, and organizational skills. A hybrid schedule with in-office and remote days is offered along with comprehensive benefits.

Qualifications

• Associate or Bachelor’s degree in Business Administration, Finance, or a related field; paralegal certification is a plus.
• Minimum of 3 years of experience in loan closing, loan servicing/operations, banking, title/escrow, or real estate transactions.
• Experience with affordable housing, multifamily lending, or community development finance strongly preferred.
• Familiarity with LIHTC, HTC, NMTC, and other publicly supported housing initiatives preferred.

Responsibilities

• Coordinate loan closing across a varied portfolio.
• Develop and maintain closing checklists; collect, prepare, and review loan forms and due diligence materials.
• Serve as primary contact among loan officers, borrowers, attorneys, and third-party partners during closing.
• Partner with legal counsel on loan document preparation and post-closing items.
• Review loan documents to ensure accurate implementation of terms and compliance with Lending Policy.
• Confirm project details at loan closing for accurate reporting.
• Coordinate disbursement of closing funds and related third-party payments.
• Enter, review, and maintain loan data and closing records in lending systems.
• Provide regular updates on closing status to internal stakeholders.
• Support day-to-day loan servicing activities and procedures.
• Assist loan officers, asset managers, and Finance in processing ongoing loan transactions.
• Support construction loan budget management and related disbursement processing.
• Assist with borrower reporting and project documentation collection.
• Maintain loan records and systems to reflect transactions, modifications, status changes, and repayments.
• Support other servicing needs and special projects as assigned.

Skills

Numbers

Problem-solving

Teamwork

Customer service

Communication skills

Multi-project management

CRM systems

Microsoft Office

Written communication

Interpersonal communication

Education

Associate or Bachelor’s degree in Business Administration or Finance

Paralegal certification (a plus)

Tools

CRM systems

Microsoft Office

Job description

Cincinnati Development Fund is seeking a detail‑driven Loan Closing & Servicing Specialist in Cincinnati, OH. You will close loans, manage a diverse portfolio, and support servicing across affordable and market-rate housing projects.

Ideal candidates have 3+ years in loan closing/servicing and strong analytical, communication, and organizational skills. A hybrid schedule with in-office and remote days is offered along with comprehensive benefits.