Mortgage Loan Closer Job Description

The Mortgage Loan Closer job description is great for hiring the perfect candidate because it clearly outlines the key responsibilities and requirements of the role, making it easier to identify the necessary skills and qualifications needed for the job. The description emphasizes the importance of attention to detail, compliance, communication, and teamwork, which are essential qualities for success in this position.

To customize the job description for your own needs, you can tailor the qualifications and skills required to match your company’s specific requirements. For example, you may want to emphasize specialized knowledge in a particular area of mortgage lending or previous experience working with specific loan programs. Additionally, you can include any unique company requirements or expectations, such as knowledge of internal systems or the ability to handle a high volume of loans per month.

Job Description Brief:

We are seeking a highly skilled Mortgage Loan Closer to join our team. The ideal candidate will be responsible for reviewing loan documents and completing the closing process for mortgage loans. This individual must have strong attention to detail, excellent communication skills, and the ability to work effectively in a team environment.

Key Responsibilities:

• Review loan documents and ensure processing guidelines are met.
• Prepare and deliver closing documents to the borrower and/or attorney.
• Review signed documents for accuracy and completeness prior to funding.
• Work closely with lenders, borrowers, and attorneys to resolve issues and answer questions.
• Disburse funds in accordance with established procedures and guidelines
• Ensure compliance with all applicable legal and regulatory requirements.
• Verify title and property documents to ensure accuracy.
• Process loan funding and post-closing activities.
• Maintain knowledge of current loan programs and lending guidelines.
• Provide excellent customer service to customers and team members.

Required Qualifications and Skills:

• Associate degree in business or related field. Bachelor’s degree preferred.
• 2 years of experience in mortgage loan closing.
• Strong attention to detail and excellent organizational skills.
• Ability to multitask and work in a fast-paced environment.
• Excellent communication and customer service skills.
• Must be computer literate and proficient in Microsoft Office.
• Ability to work independently and in a team environment.
• Must have excellent problem-solving and analytical skills.
• Strong knowledge of loan documentation and closing processes.
• Knowledge of federal and state regulations as they pertain to mortgage lending.

Education and Experience Requirements:

• Associate degree in business or related field. Bachelor’s degree preferred.
• 2 years of experience in mortgage loan closing.

Physical Requirements (if applicable):

• This job requires occasional lifting of up to 25 pounds and prolonged periods of sitting at a desk.

Work Schedule and Conditions (if applicable):

• This is a full-time position, Monday – Friday, 8:00 AM – 5:00 PM. Overtime may be required during high-volume periods.

Compensation and Benefits:

• Salary commensurate with experience.
• Health, dental, and vision insurance.
• Retirement plan with employer contributions.
• Generous paid time off policy.
• Professional development opportunities.

Company Culture and Values:

• Our company is committed to providing excellent service to our clients while fostering a positive and collaborative work environment.

Career Advancement Opportunities:

• We believe in promoting from within and providing our employees with opportunities for professional growth and development.

Application Process and Contact Information:

• To apply, please submit your resume and cover letter to [insert email/contact information] for consideration.