SBA Loan Closer, Sr
Company: PrimeLending
Location: Richardson
Posted on: April 5, 2026
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Job Description:
Description PlainsCapital Bank is seeking a Senior SBA Loan
Closer/Packager who will ensure compliance with SBA requirements as
well as recognize and proactively resolve problems in the closing
process to ensure accuracy and completion of all necessary loan
documents. Operating with a high level of independence and
discretion, the Senior SBA Loan Closer will work closely with the
Director of SBA Lending, the SBA Credit Manager, the Closing
Manager, lenders, attorneys, and other third-parties throughout the
closing process to ensure the completeness and accuracy of all
information. Will also train/mentor new SBA Closers/Packagers as
needed. Responsibilities Prepares early disclosures. Contacts title
companies for estimated fees. Orders flood certificates and follows
flood procedures when a property is in a flood zone. Orders title
work and corresponds with the title company in coordinating the
closing. Prepares appraisal engagement letters and orders appraisal
reviews as requested. Reviews and approves HUD. Prepares order
sheet and provides attorney with required items to order loan
documents. Calculates funding amounts, sends required items to Note
Department for booking, and inputs wire information into wire
system. Reviews and prepares final closing package and ships to
Lubbock credit department. Prepares closing checklists and works
directly with borrower to collect required documents. Communicate
regularly with borrower to answer questions to ensure understanding
of loan process. Works directly with outside counsel to prepare
closing documents. Reviews all documentation collected to ensure
all loan requirements are met prior to closing. Reviews and
approves settlement statements prior to loan closing. Reviews and
documents borrower’s equity requirements. Prepares SBA 7a loan
package, obtains SBA approval and prepares SBA 7a authorization to
meet bank loan approval requirements (when applicable). Funds loan
draws in accordance with the SBA and bank required documentation.
Actively bring forward recommendations for improvements to
processes and procedures to support the strategic growth efforts of
the SBA department. Participates in weekly closing and pipeline
meetings. Train/mentor new SBA Closers/Packagers as needed.
Performs other duties as assigned. The above statements are
intended to describe the general nature and level of work being
performed by individuals in, or assigned to, the above position and
are not intended to be construed as an exhaustive list of all
responsibilities, duties and skills required, and may be changed at
the discretion of the Company. Qualifications High School diploma,
general education degree (GED), or equivalent required. 5 or more
years of experience in SBA loan closing/packaging required. Strong
knowledge of SBA regulations and closing procedures, real estate
loan documentation and flood regulations required. Excellent
verbal, written and interpersonal communication skills with the
ability to interact with all levels of customers, clients, and Bank
personnel. Excellent PC skills, including word processing and
spreadsheets via Microsoft Office products as well as custom
applications and systems. Excellent time management,
organizational, and problem-solving skills with the ability to
multi-task and work in a deadline-driven environment. Must be
self-motivated with strong attention to detail and high level of
accountability
Keywords: PrimeLending, Grand Prairie , SBA Loan Closer, Sr, Administration, Clerical , Richardson, Texas