REAL ESTATE LOAN CLOSER

Role: 

Responsible for all functions related to real estate loan closing, working with all internal and external parties to balance final figures, prep final closing docs, and finalize any outstanding loan conditions to ensure a smooth and timely loan closing for the borrower, loan officer and title company.  

Essential Functions & Responsibilities: 

• Prepare and Send Initial Closing Disclosure within allowable compliance deadlines to meet scheduled loan closing.
• Prepare and send final closing package to borrower, loan officer and/or settlement agent as necessary.
• Coordinate with Title Agent to Balance final Figures prior to Final CD
• Complete Final Verification of Employment and clear other Closing Conditions as required by underwriting.
• Act as primary back up for loan fundings as needed.
• Perform other job-related duties as assigned.

Performance Measurements: 

1. Accuracy of Preliminary and Final CDs, final vesting and all other closing documents necessary to perfect final mortgage lien.
2. Timely completion of all tasks to allow adequate review of all documents for an on-time closing.

This Job Description is not a complete statement of all duties and responsibilities comprising the position.

Knowledge and Skills: 

• Experience: 1 to 3 years in related field
• Education: (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree).
• Interpersonal Skills: Work involves extensive personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
• Other Skills: Must have good communication skills and a proactive approach to problem solving.

Salary : $20 - $31