Closer

Leader Bank•Arlington, TX

1d•$52,886 - $79,329•Onsite

About The Position

The Residential Loan Closer is responsible for managing the final stages of the residential mortgage process to ensure accurate, compliant, and timely loan closings. This role prepares and reviews Closing Disclosures (CDs), coordinates closing documentation, finalizes funding details, and works closely with settlement agents, attorneys, borrowers, and internal departments to ensure loans close smoothly and on schedule.

Requirements

TRID and Closing Disclosure experience is required, including demonstrated knowledge of regulatory timing and accuracy requirements.
2+ years of residential loan closing experience and/or Encompass Loan Origination System experience preferred.
Strong organizational and time management skills with the ability to manage multiple loans and deadlines simultaneously.
High level of attention to detail and accuracy.
Excellent written and verbal communication skills with the ability to interact professionally with internal teams and external partners.
Strong problem-solving skills and the ability to work effectively in a fast paced, deadline driven environment.
Willingness to work overtime as business needs require.
Above average computer skills; experience with loan origination systems and standard office applications preferred.

Responsibilities

Prepare, review, and finalize Closing Disclosures (CDs) to ensure accuracy, completeness, and compliance with TRID, RESPA, and applicable federal and state regulations.
Obtain and validate final closing details from settlement agents and conveyancing attorneys, including fees, payoffs, escrows, credits, and disbursement information.
Finalize funding figures, including confirmation of final wire amounts and verification of wiring instructions and account numbers with settlement agents prior to funding.
Ensure Closing Disclosures and closing packages are released in advance of closing, in accordance with regulatory timing requirements and internal service level expectations.
Review loan closing packages for completeness and accuracy prior to release, including confirmation of escrow calculations and cash to close figures.
Distribute finalized Closing Disclosures and closing documentation to settlement agents, attorneys, brokers, and borrowers within required timelines.
Coordinate with internal departments—including Processing, Underwriting, Secondary Marketing, Funding/Wire teams, and Post Closing—to ensure loans continue to progress and all closing deadlines are met.
Monitor rate lock expirations and ensure loans close at the correct rates, points, and terms.
Track scheduled loan closings and maintain regular communication with settlement agents and attorneys to confirm closings occur as scheduled.
Update the Loan Origination System with final closed loan data and provide daily reporting on closings and cancellations as required.
Maintain settlement agent and attorney files, including required documentation such as closing protection letters and evidence of insurance coverage.
Assist settlement agents and attorneys before and at closing to resolve issues and ensure successful execution of closing documents.
Respond to internal and external audit requests in a timely, accurate, and professional manner.
Support the Post Closing team by assisting with trailing documents and resolution of closing exceptions.
Perform additional duties and projects related to loan closings as assigned by management.