Mortgage Loan Closer

American National Bank & Trust • Wichita Falls, TX

1d • Onsite

About The Position

The Mortgage Loan Closer performs closing functions that include preparing closing instructions and closing disclosures. This role involves reviewing and preparing all necessary closing documents, sending the full closing package to title/borrower, and maintaining accurate files in Encompass for management reporting. The position requires a thorough understanding of bank and investor regulations related to loan funding, extensive knowledge of mortgage lending requirements, and the ability to work under pressure with strong time management and attention to detail.

Requirements

• Ability to communicate effectively with realtors, builders, title company personnel, agents, and Bank personnel.
• Ability to read, analyze, and understand general business- and company-related documents, including mortgage and closing documents.
• Ability to write routine reports and correspondence.
• Ability to speak effectively before groups of customers and/or employees.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
• Ability to apply concepts such as fractions, ratios, and proportions to practical situations.
• Proficiency in computer programs, including accounting, spreadsheet, and word processing applications.
• Ability to operate standard office equipment and other specialized or advanced systems as required.
• Ability to solve practical problems and deal with a variety of known variables in situations where limited standardization exists.
• Ability to utilize common sense understanding to carry out written, oral, or diagrammed instructions.
• Under immediate supervision, with the ability to independently perform routine work and refer questionable cases to a supervisor.
• Considerable responsibility for planning time, method, and sequence of work.
• Performs work operations which permit frequent opportunity for minor decision-making affecting departmental operations and customer outcomes.
• Requires close and continuous attention, with intermittent independent judgment in selecting appropriate processes, materials, and methods.
• Moderately structured work requiring application of learned procedures in somewhat varied situations.
• Routine contact with customers on routine matters.
• Frequent interaction within the department and across other departments; requires tact and professionalism and the ability to work effectively with other personnel.
• Thorough understanding of Bank and investor regulations related to loan funding.
• Extensive knowledge of mortgage lending requirements, including legal considerations and funding restrictions.
• Ability to read and interpret mortgage and closing documents.
• Ability to maintain accurate records and prepare related reports.
• Ability to work under pressure with strong time management and attention to detail.
• High school diploma or GED equivalent.
• Knowledge of a specialized field (however acquired), such as basic accounting, computer, etc.
• Thorough understanding of Bank and Investors’ regulations.

Nice To Haves

• Probable errors of internal and external scope would have a moderate effect on operational efficiency. Errors may go undetected for a period of time and could result in further errors, losses, or reputational impact.
• Specific vision abilities required by this job include close vision.

Responsibilities

• Reviews and prepares closing instructions for department loans.
• Reviews and prepares all closing disclosures.
• Prepares and sends full closing package to title/borrower.
• Maintains all files in Encompass and ensures accuracy for reporting to management.
• All other tasks as assigned by supervisor.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED