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6 Mortgage Loan Closer Jobs in Birmingham, AL

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Americas First Federal Credit Union
Birmingham, AL | Full Time
$45k-59k (estimate)
1 Month Ago
First Horizon
Birmingham, AL | Full Time
$48k-65k (estimate)
1 Week Ago
Valley Bank
Birmingham, AL | Full Time
$45k-62k (estimate)
1 Week Ago
First Horizon Bank
Birmingham, AL | Full Time
$47k-65k (estimate)
4 Days Ago
MortgageRight
Birmingham, AL | Full Time
$61k-84k (estimate)
3 Weeks Ago
Citizen Trust Bank
Birmingham, AL | Full Time
$44k-60k (estimate)
0 Months Ago
Mortgage Loan Closer
$45k-59k (estimate)
Full Time 1 Month Ago
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Americas First Federal Credit Union is Hiring a Mortgage Loan Closer Near Birmingham, AL

Essential Functions & Responsibilities:

  • Prepare mortgage closing packages, per closing instructions, and send to closing attorney with funds (if applicable) prior to closing.
  • Review and approve closing disclosures for all real estate mortgage loan closings. This includes correct APR calculation and issuance of final closing documents and preparation of the funding worksheet to calculate net funded wire.
  • Wire funds to closing agent or correspondent bank as needed to fund or purchase a loan along with running of proper tickets to clear funding.
  • After loan closing, finalize loan in a timely manner in preparation for the post-closing departments.
  • Work with loan underwriters, processors and post-closing on any outstanding conditions to be cleared.
  • Performs other job-related duties as assigned.

Performance Measurements:

  • Meet or exceed department goals that are created in conjunction with corporate goals.
  • To ensure all files are in compliance with federal regulations and Credit Union Policy.
  • Report regularly to leadership on the status of all leads and loans being worked.

Knowledge and Skills:

Experience: One year to three years of similar or related experience.

Education: 1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.

Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.

Other Skills:

  • Must be familiar with and have the ability to type, use the PC and mortgage software system to input applicant information and to create closing documents.
  • Must have good communication skills to interact with applicants and agents.
  • Must demonstrate the ability to learn all aspects of real estate processing.
  • Must possess a high degree of organizational skills and the ability to work accurately while meeting deadlines

Physical Requirements: Light lifting required.

Work Environment: Prompt regular attendance at the assigned workplace is required.

Behaviors

Preferred
  • Team Player: Works well as a member of a group
  • Functional Expert: Considered a thought leader on a subject
  • Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well

Motivations

Preferred
  • Self-Starter: Inspired to perform without outside help
  • Goal Completion: Inspired to perform well by the completion of tasks
  • Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization

Job Summary

JOB TYPE

Full Time

SALARY

$45k-59k (estimate)

POST DATE

04/10/2024

EXPIRATION DATE

05/02/2024

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The job skills required for Mortgage Loan Closer include Mortgage Loans, Communication Skills, Leadership, Organizational Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Mortgage Loan Closer. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Mortgage Loan Closer. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Mortgage Loan Closer positions, which can be used as a reference in future career path planning. As a Mortgage Loan Closer, it can be promoted into senior positions as a Mortgage Loan Funding Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage Loan Closer. You can explore the career advancement for a Mortgage Loan Closer below and select your interested title to get hiring information.

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If you are interested in becoming a Mortgage Loan Closer, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Mortgage Loan Closer for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Mortgage Loan Closer job description and responsibilities

Mortgage loan closers use negotiation skills to help clients find the best mortgage loan for their needs.

02/15/2022: Salt Lake City, UT

Mortgage lenders are beginning to focus more on customer service, which means that mortgage loan closers will need to be prepared to provide excellent customer service.

03/11/2022: Phoenix, AZ

For example, they may need to ensure they have enough time to explain all the details of a mortgage to a client before they sign the contract.

02/23/2022: Carson City, NV

They will also need to be able to work with other members of the team, such as underwriters and account managers, to ensure that loans are processed quickly and efficiently.

02/08/2022: New Suffolk, NY

Also known as mortgage loan closers, mortgage closers assemble and verify all paperwork required for finalizing mortgage loans.

03/20/2022: Champaign, IL

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Mortgage Loan Closer jobs

Ensure Compliance Mortgage Closers review all closing details to ensure compliance with state and federal regulations.

02/14/2022: Chattanooga, TN

Mortgage closers might also deal with property surveys, title searches, and deeds.

03/18/2022: Carson City, NV

As mortgage lenders focus on customer service, they will look for loan closers who can provide a high level of customer satisfaction.

02/21/2022: Columbus, MS

They also make sure that all terms of the loan are met.

02/22/2022: Passaic, NJ

Ensured that the mortgage as a whole met all the mortgage compliance regulations.

04/09/2022: Hartford, CT

Step 3: View the best colleges and universities for Mortgage Loan Closer.

Florida Southern College
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