Mortgage Closer/Processor
About The Position
As the Mortgage Loan Closer/Processor, you are responsible for the processing, administration, and closing of residential mortgage loans. This involves verifying the accuracy and completion of loan documentation, maintaining loan records, requesting appraisals and title work, preparing wire requests for closing packages, and reviewing loan documents for accuracy. You will enter loan data into the computer system and work with Builders on Construction Draws. The role includes closing residential mortgage loans for first mortgages and HELOC loans, ensuring all residential loan files contain proper documentation with signatures, dates, and other relevant data. You will assemble and verify the accuracy of residential loan documentation, process first mortgage loans/HELOC loans, and order title and appraisals. Additionally, you will check documents for proper vesting, legal descriptions, closing dates, and signatures. This position provides administrative assistance to the residential loan officer and staff, including updating loan data and assembling documentation. You will also answer inquiries concerning loan processing, communicate with builders to verify construction loan completion, and complete loan draws for builders. Finally, you will review completed loan closing packages, perform scanning, and transfer data to appropriate departments, while remaining compliant with bank guidelines, policies, procedures, regulatory, and BSA requirements.
Requirements
- Good communication skills
- Good computer skills
- Accuracy
- Flexibility
- Ability to handle high stress situations
- Regular and predictable attendance
- Exercise discretion and good judgment
- Follow instructions
- Excellent communication, leadership, analytical and interpersonal skills
- Ability to maintain confidentiality
Nice To Haves
- Associate or Bachelor’s degree preferred
- 1-3 years of mortgage experience preferred
- Knowledge of Finastra MortgageBot/Avista desired
Responsibilities
- Processing, administration, and closing of residential mortgage loans
- Verifying the accuracy and completion of loan documentation
- Maintaining loan records and files
- Requesting Appraisals and Title Work
- Preparing wire requests for closing packages
- Reviewing loan documents for accuracy
- Entering loan data into the computer system
- Working with Builders on Construction Draws
- Closing Residential mortgage loans for 1st mortgage and closing HELOC loans
- Ensuring that residential loan files contain documents with proper signatures, dates and other relevant data
- Assembling and verifying accuracy of residential loan documentation
- Processing 1st mortgage loans/ HELOC loans and ordering Title and Appraisals
- Checking documents for proper vesting, legal descriptions, closing dates and signatures
- Providing administrative assistance to the residential loan officer and staff
- Updating loan data for entry into the financial institution’s computers
- Assembling documentation for residential loans
- Answering telephone and written inquiries concerning loan processing and information
- Communicating with builders to verify completion of construction loans
- Completing loan draws for builders
- Reviewing completed loan closing packages
- Completing scans and transferring data to appropriate departments
- Remaining compliant with bank guidelines, policies, procedures, regulatory and BSA requirements
Benefits
- Reasonable accommodation will be provided to qualified individuals with disabilities.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
