Mortgage Loan Closer

Overview

Summary communicates and coordinates with loan officers, staff, and title companies to make sure everything is completed and file is ready for closing and generates closing packages.

Essential duties and responsibilities include the following. Other duties may be assigned.

• Review title work once received for correct chain of title, fees, and other potential items that need to be addressed
• Work with loan officers, processors, and underwriters on any closing conditions
• Work with title companies regularly to balance closing disclosures and coordinate closings
• Verify accuracy and consistency of all closing documents, information, and numbers and make sure all guidelines and compliance rules are met
• Research loan programs to ensure knowledge for guidelines for all programs and loan types
• Prepare loan closing packages and send to title companies timely for closings
• Prepare wires and certified checks timely for signing to be processed for loan closings
• Comply with all applicable banking regulations, including Bank Secrecy Act. Follows Red River Bank policies and procedures. Attends or completes all required training.

To perform the job successfully, an individual should demonstrate the following competencies:
Collects and researches data. Demonstrates high attention to detail. Identifies and resolves problems in a timely manner. Responds promptly to customer needs. Maintains confidentiality.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

High School Diploma or general education degree (GED); mortgage or loan closing experience preferred.

To perform this job successfully, an individual should have knowledge of Microsoft applications including Outlook, Word and Excel software.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear.

The employee is occasionally required to stand; walk and reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.