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SBA Loan Closer

U.S. Bank · Oshkosh, WI · $66,640–$78,400 a year · Full time

Posted Sep 28, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about a time you found a problem in loan documents right before closing. What did you do?

What they are checking: Whether they protect the bank's interest under deadline pressure instead of letting it slide.

How do you keep a portfolio of loans on track from approval through payoff or maturity?

What they are checking: Whether they stay organized after closing, tracking items like insurance, financials and maturity dates.

How do you work with title companies, attorneys and construction consultants who all have their own timelines?

What they are checking: Whether they can coordinate many outside parties without dropping a detail.

What would you do

A borrower's attorney wants to change a covenant in the loan agreement. How do you handle it?

What they are checking: Whether they know when they can negotiate and when they must take it back to the relationship manager or credit.

The relationship manager wants to close Friday, but the appraisal and environmental report are not in. What do you do?

What they are checking: Whether they hold the line on required items while helping the deal move as fast as it safely can.

About the work

Walk me through what you check first when you get the loan documents for a newly approved commercial real estate loan.

What they are checking: Whether they have a clear review routine that catches gaps before closing, not after.

How is closing a construction loan different from closing a term loan?

What they are checking: Whether they understand draws, inspections and the extra risk that comes with construction lending.

What do you look for in a title commitment, and what would make you stop the closing?

What they are checking: Whether they know which title issues put the bank's lien at risk.

What makes an SBA loan closing different from a standard commercial closing?

What they are checking: Whether they know SBA requirements well enough to keep the government guaranty valid.

Explain how a borrowing base line of credit works and what you would monitor on one.

What they are checking: Whether they understand complex loan products beyond simple term loans.

Practice this interview out loud.

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The full job description

As published by U.S. Bank.

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Responsible for reviewing and/or negotiating Commercial Real Estate (CRE) loan documents, while protecting the bank’s interest, and providing management of a loan portfolio from the time the loans are approved until pay-off or maturity. In addition to construction and term loans, a typical loan portfolio may include unsecured and secured borrowing base lines of credit, subscription lines, and various other complex loan products. Partners with Relationship Managers as primary liaison with customers, attorneys, construction consultants and title company representatives, during all phases of financing and closing. Basic Qualifications - Bachelor’s degree, or equivalent work experience - Typically three to five years of experience in commercial real estate loan administration, OR at least seven years of transferable experience in commercial loan administration Preferred Skills/Experience - Thorough knowledge of commercial real estate lending including letters of credit, tax credit transactions, borrowing base lending, multi-phased construction, and transactions secured by multiple collateral properties - Demonstrated ability to close commercial real estate loans and manage a commercial real estate loan portfolio - Thorough knowledge of commercial real estate finance, law, documentation, accounting and data systems - Ability to meet the requirements to be commissioned as a Notary Public If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants . Benefits: Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following: • Healthcare (medical, dental, vision) • Basic term and optional term life insurance • Short-term and long-term disability • Pregnancy disability and parental leave • 401(k) and employer-funded retirement plan • Paid vacation (from two to five weeks depending on salary grade and tenure) • Up to 11 paid holiday opportunities • Adoption assistance • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law Review our full benefits available by employment status here . U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law. E-Verify U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program . The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $66,640.00 - $78,400.00 U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies. Posting may be closed earlier due to high volume of applicants.

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