Consumer Loan Closer

Position Summary

Responsible for the preparation, review and delivery of all closing packages and instructions to the branches or settlement agent. Supports the branches, sales, and operations functions of the Bank through accurate, timely and professional communication and delivery of accurate and compliant closing packages.

Essential Functions

• Prepare closing package and instructions.
• Review closing disclosure statement for accuracy and completeness.
• Coverage of all closing functions.
• Coordinate and communicate with branches, settlement agent, loan officer, and processor in scheduling all closings.
• Verify accuracy of information on all closing documents (legal names, legal address, terms, rate, title work and insurance).
• Track closing file to confirm its return from the settlement agent in a timely manner.
• Responsible for the follow up on post-closing conditions.
• Examine loan documentation to ensure accuracy and compliance with all state and federal policies.
• Communicate with mortgage sales, operations and Management to maintain a high level of customer service.
• Maintain a high level of efficiency to ensure closing dates are met.
• Maintain current knowledge of all industry and bank program changes, policies, and procedures.
• Communicates with Management on a loan-by-loan basis in recommending exceptions to policy.

Additional Functions

• Assist branches and loan servicing with closing related questions.

Education And Experience

• BA or BS preferred
• 2 - 3 years closing experience
• Demonstrated organizational skills
• Excellent verbal and written communication skills required with a high level or detail
• MS Word Suite
• Familiarity with Encompass Knowledge, Skills, And Abilities

Calculate figures and amounts

Ability to read, analyze and interpret legal documents, governmental regulations and professional publications.

Effectively present information and respond to inquiries from Senior Management, attorneys, vendors, government agents, and the public

Ability to write business correspondence.

Ability to follow directions

Work independently with little supervision

Salary

$24.07 - $31.57 per hour