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Company: NewtekOne®, Remote - USA
Job Title:

Attorney 100,000-150,000 Remote USA

Job Category: Real Estate / Commercial [ View All Real Estate Jobs ]
Job Reference: 75393
Job description:
The Attorney is responsible for reviewing legal documents, remotely closing loans in all 50 states in conformance with state and federal requirements for legal enforceability and in compliance with U.S. Small Business Administration (SBA) policy.

Closing Attorney
Location: Remote - USA
Job Type: Full time
Salary Range: 100,000-150,000 per year

Essential Functions and Responsibilities:
• Review the loan approval, underwriter loan write-up, approval letter and SBA Authorization for consistency and compliance with Newtek and SBA policy;
• Coordinate with Closer for compliant and expeditious closing;
• Review all applicable reports (UCC search, judgment, bankruptcy and lien search, title report, flood search, etc.) and follow up with outside vendors to ensure receipt in a timely manner;
• Act as liaison with borrower counsel and title company for loan requirements;
• Review documents received from borrower for sufficiency and SBA compliance;
• Provide guidance to Loan Closer and paralegal staff;
• Provide management with status of loan closing efforts and receipt/non-receipt of pre-closing requirements on an ongoing basis;
• Work closely with processing, underwriting, closing and post-closing departments to insure closing in accordance with loan approval and compliance with SBA policy;
• Prepare loan documents for legal enforceability in respective jurisdictions and compliant with SBA policy;
• Review Closer's funding request for compliance with authorized use of proceeds prior to funding;
• Remotely oversee and coordinate loan closing and collection of executed loan documents;
• Direct escrow agent's actions, oversee and obtain evidence for disbursement of loan funds in accordance with loan approval and SBA regulations;
• Other duties as assigned

Knowledge, Skills, and Abilities:
• Juris doctorate from a nationally recognized law school;
• Admission to state bar in good standing;
• Minimum of 2 - 5 years SBA or commercial loan closing experience preferred;
*Strong understanding of United States SBA's regulations and Standard Operating Procedures with related experience in all stages of loan making (origination, servicing, liquidation).
• Experience with Acquisitions of Assets, Membership or Stock Ownership, Commercial Real Estate and related documents such as purchase agreements.
• Experience with purchasing or refinancing of commercial real estate involving leased properties and related documents such as tenant estoppels, surveys
• Knowledge of commercial loan documentation including purchase agreements, entity documentation, title insurance, franchise documents, the Uniform Commercial code, contracts, mortgages, leases;
• Proficient with MS Office suite;
• Good calendar management skills required;
• Ability to work in a challenging environment to achieve production goals and meet deadlines in a fast-paced environment;
• Strong organizational, verbal and written communication skills required including contract interpretation and drafting;
• Ability to establish and maintain effective work relationships both internally and externally.

Salary Range: $100,000 to $150,000 per year


75393
Company: NewtekOne®
Skills:
Employment type: Full Time, Remote
Salary: 100,000-150,000 USD
 
Other Information
 
Degree: JD
Experience (year): Unspecified
Job Location: Remote - USA USA
Post Date: 04/15/2025
 
More Details: Click here to read more about this job.
 
Contact Information
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