Residential Loan Closer I

Hanover Community Bank•Garden City Park, NY

7d•$26 - $31

About The Position

Hanover Bank is looking for a full-time Residential Loan Closer to join our team! The Residential Loan Closer will be expected to be responsible for ensuring all aspects of Residential Loan Closings, preparing and reviewing closing documentation on all residential loan originations, and processing CEMA requests.

Requirements

A minimum of 3 years of mortgage experience is preferred
Experience with Mortgage Operations Systems is preferred
Experienced in CD primary home loan closings, investment property closings, and home equity HELOC loans
Excellent verbal and written communication skills
Strong attention to detail and a commitment to accuracy
Ability to work effectively in a team environment

Responsibilities

Prepare closing packages and review closing documents for completeness, and required compliance with regulatory and underwriting guidelines for all the Bank's residential loan programs to ensure proper standards are met in connection with both internal standards and regulatory guidelines.
Prepare internal settlement statements and review HUD statements for accuracy.
Work as a liaison between Servicing, clients/brokers, and attorneys to resolve post-closing issues.
Preparation of documents, monitoring, and reviewing closing packages prepared by closing representatives to ensure compliance with internal and regulatory guidelines, and preparing the transfers for funding.
Participate in special projects as assigned by the Mortgage Operations Manager.
Schedule closings and assist with fundings when the Closing Manager is out of the office
Coordinate with the closing team on all closing details and information relevant to Loan closings
Assist with the review of Final Huds and Pre Cd’s for accuracy with the QA/QC team
Review the Loan file prior to closing for updated Insurance Binders, paid receipts, Escrow holds, and any other conditions that may apply to the loan file.
Assist with Title Pipeline reporting

Benefits

Medical, Dental, and Vision insurance (with HSA, FSA, and Commuter Benefits options)
Company-paid Life Insurance and Accidental Death & Dismemberment (AD&D)
Company-paid Long-Term Disability Insurance
Additional Life and AD&D Insurance for employee, spouse, and dependents
Voluntary Short-Term Disability Insurance
Pet Insurance
Legal Services Plan
Accident Insurance
Hospital Indemnity Insurance
Cancer Care Insurance
401(k) Plan with Company Match
Paid Personal Time Off (PTO)
Paid Company Holidays
Annual Performance Bonuses
Annual Salary Increases
Company-sponsored Events
Employee Contests and Recognition Programs