In one sentence
The attorney representing the lender, drafting and negotiating loan documents and confirming conditions to funding.
The longer version
Lender's counsel drafts the loan documents, negotiates against borrower's counsel, reviews title and survey, and opines on whether conditions are satisfied. Counsel's judgment gates funding on the legal side.
Documentation and diligence run in parallel, and their collisions, a survey exception needing a document change, land on counsel's desk, making counsel a hub of closing coordination.
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