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Jobs · Management · Massachusetts

Mortgage Closing Coordinator

East Cambridge Savings Bank · Cambridge, MA · 1 wk ago
On-siteManagement$29.72–$44.6/hrFull-time

Function

The Mortgage Closing Coordinator supports the Lending Division of East Cambridge Savings Bank under the supervision of the Vice President – Retail Lending Operations Manager. The role involves performing various administrative tasks related to mortgage loan closing documentation.

Essential Job Functions

  • Perform quality control to ensure completeness and accuracy of files and satisfaction of commitment conditions.

  • Ensure loans are authorized to close and monitor the loan pipeline to schedule closings according to rate lock and commitment expiration dates.

  • Act as a liaison with closing attorneys and correspondent lenders, reviewing necessary loan documentation for accuracy and requesting corrections if necessary.

  • Prepare legal documents for consumer and mortgage loan closings and submit them to attorneys or branches for completion and signatures.

  • Calculate net funds (refunds and receivables) and disburse via wire or online deposit, preparing and monitoring management reports as required.

  • Maintain oversight of the receipt of legal documents from closing attorneys and review these documents for completeness and accuracy, communicating any deficiencies to attorneys.

  • Ensure adherence to federal, state, and bank regulations by all parties involved.

  • Monitor operational audit results and ensure operational readiness for audits and regulatory examinations, ensuring compliance with established policies, procedures, and laws and regulations.

  • Assist the Loan Processing area as needed.

Requirements

  • 3 years lending experience, 1 year Mortgage Loan closing experience

  • Strong interpersonal and communication skills (verbal and written)

  • Ability to perform multiple tasks simultaneously while meeting deadlines and working independently

  • Excellent organizational, analytical, and problem-solving skills

  • Working knowledge of Microsoft Word and Excel

Benefits

Compensation is commensurate with experience, skill set, and other qualifications.

Pay

$29.72 - $44.60 Actual compensation may vary based on experience and qualifications.

Schedule

N/A

Skills

N/A

Benefits

N/A

Contact Information

To apply, email your resume to: recruit@ecsb.com
Fax: 617-252-6877
Phone: 617-354-7700
Attn: Human Resources
344 Cambridge Street
Cambridge, MA 02141

East Cambridge Savings Bank is an Equal Opportunity Employer/Disabled/Veterans

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