What are the responsibilities and job description for the Loan Closing Specialist position at SWBC Mortgage Corporation?
SWBC is seeking a talented individual to review and prepare final closing documents to ensure all legal documents are properly executed and collateral are secured. This role is responsible for closing residential loans and accurately recording data in the Loan Origination System (LOS) in accordance with federal, state, and company policies.
Why You’ll Love This Role
In this role, you will have many key responsibilities such as reviewing loan packages, funding documents, and preparing and scheduling loan closings. You will also request funds and authorize disbursement of loans. Your dedication to excellence will help SWBC Mortgage's borrowers achieve the dream of home ownership.
Essential Duties Include The Following
At SWBC, our pay structure is based upon the market data for each role and we have established compensation ranges to ensure that we remain competitive. Any offer of employment is based upon individual experience, market data, and geographic location for each role. This role may be eligible for additional incentive compensation in the form of either commission or performance bonus.
The Base Salary Range For This Position Is
$43,180.80 - $60,455.20
SWBC offers*:
SWBC is a Substance-Free Workplace and requires pre-employment drug testing.
Please note, SWBC does not hire tobacco users as allowed by law.
To learn more about SWBC, visit our website at www.SWBC.com. If interested, please click the appropriate apply button.
Why You’ll Love This Role
In this role, you will have many key responsibilities such as reviewing loan packages, funding documents, and preparing and scheduling loan closings. You will also request funds and authorize disbursement of loans. Your dedication to excellence will help SWBC Mortgage's borrowers achieve the dream of home ownership.
Essential Duties Include The Following
- Closes residential loans according to credit union and investor lending policies and state and federal regulations; and closes all types of mortgage loan transactions including SWBC, FNMA and Freddie Mac, ensuring all legal documents are properly executed and collateral are appropriately secured.
- Reviews and prepares closing documentation on approved and processed residential mortgage loans in accordance with underwriting conditions and SWBC policies.
- Consults with title companies, borrowers, attorneys, realtors and /or other external business partners.
- Independently and proactively resolves problems under time constraints.
- Accurately reviews data gathered prior to and post-closing.
- Stays abreast of internal lending policies, practices, guidelines, lending systems and products.
- Accurately records data in Loan Origination System.
- Minimum one (1) year Mortgage banking, loan closing, or related experience.
- Working knowledge of mortgage loans and/or loan procedures.
- Excellent problem solving skills.
- Excellent interpersonal and organizational skills.
- Excellent written and verbal communication skills.
- Excellent analytical and detail oriented skills.
- Able to meet challenging deadlines.
- Able to operate personal computers to include MS Word, Excel and Internet.
- Able to effectively communicate lending policies and procedures to members and business sources.
- Able to type at least 40 WPM accurately.
- Able to lift 10-20 lbs. of loans papers, files, and other documents.
- Able to sit for long periods of time gathering, updating, and validating mortgage loan applications.
At SWBC, our pay structure is based upon the market data for each role and we have established compensation ranges to ensure that we remain competitive. Any offer of employment is based upon individual experience, market data, and geographic location for each role. This role may be eligible for additional incentive compensation in the form of either commission or performance bonus.
The Base Salary Range For This Position Is
$43,180.80 - $60,455.20
SWBC offers*:
- Competitive overall compensation package
- Work/Life balance
- Employee engagement activities and recognition awards
- Years of Service awards
- Career enhancement and growth opportunities
- Emerging Professionals and Mentor Program
- Continuing education and career certifications
- Variety of healthcare coverage options
- Traditional and Roth 401(k) retirement plans
- Lucrative Wellness Program
- Based upon employee eligibility
SWBC is a Substance-Free Workplace and requires pre-employment drug testing.
Please note, SWBC does not hire tobacco users as allowed by law.
To learn more about SWBC, visit our website at www.SWBC.com. If interested, please click the appropriate apply button.
Salary : $43,181 - $60,455