Impact Loan Closing Specialist - Housing & Community Dev

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

Benefits offered by this job

Competitive pay

Hybrid schedule

Paid time off

Medical insurance

Dental insurance

Vision insurance

Disability insurance

401(k) plan

Life insurance

Job summary

Cincinnati Development Fund is seeking a Loan Closing & Servicing Specialist to manage the closing process for a diverse portfolio, including affordable housing and community development projects. You will coordinate with borrowers, attorneys, and officers to ensure accurate documentation and post-closing support.

The role emphasizes precision, multitasking, and building strong relationships with partners while contributing to neighborhood impact.

Qualifications

• Associate or Bachelor's degree in Business Administration, Finance, or a related field required; 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 and facilitate the loan closing process across a varied portfolio including predevelopment, acquisition, construction, and permanent loans for affordable and market rate housing, mixed-use developments, nonprofits, and other community and economic development projects.
• Develop and maintain closing checklists; collect, prepare, and review required loan forms, documentation, and due diligence materials.
• Serve as the primary point of contact among loan officers, borrowers, attorneys/legal counsel, and third-party partners throughout the closing process.
• Partner with legal counsel on loan document preparation, review, and collection of post-closing items.
• Review loan documents to confirm accurate implementation of approved loan terms and compliance with CDF's Lending Policy.
• Confirm project details at loan closing to ensure accurate compliance reporting.

Skills

Numerical aptitude

Customer service

Multitasking

Attention to detail

Communication skills

Education

Bachelor's degree in Business Administration or Finance

Paralegal certification (optional)

Tools

Loan servicing/CRM systems

Microsoft Office

Job description

Cincinnati Development Fund is seeking a Loan Closing & Servicing Specialist to manage the closing process for a diverse portfolio, including affordable housing and community development projects. You will coordinate with borrowers, attorneys, and officers to ensure accurate documentation and post-closing support.

The role emphasizes precision, multitasking, and building strong relationships with partners while contributing to neighborhood impact.