Closing Coordinator

Job Description

Job Description

Benefits :

401(k)

Bonus based on performance

Competitive salary

Paid time off

Training & development

The ideal candidate will use loan origination software and templates to prepare mortgage loan documents that accurately represent the loan commitment and terms offered to the borrower. Depending upon the type of transaction, documents may include promissory notes, loan agreements, mortgages, guaranties, assignments, deeds, UCC filings, modifications, amendments etc. The completed document package must be accurate, timely, enforceable and must conform to both bank policies and regulatory requirements.

Responsibilities

Prepare loan documents upon receipt of request from the lender

Ensure all required documents are provided, to properly evidence the loan and perfect the bank's security interest

Working knowledge of Encompass360 software and related programs to create documents; ensure the timely delivery of documents to lenders and others as directed.

Follow-up with lenders, legal counsel and others for missing items needed to create accurate loan documents, respond to questions concerning loan documentation from legal counsel, lenders and other staff members. Resolve differences and provide direction to others to facilitate the documentation process.

Provide support to peers and departments performing routine tasks required to run the department and carry out various daily functions.

Review all work assignments for accuracy and completeness, answer questions and provide guidance.

Qualifications

5+ year(s) of mortgage loan doc prep experience, including knowledge of title and lender procedures (co-ops and CEMAs preferred).

Paralegal certification from an ABA approved school, or B.A. degree in a field related to law a plus.

Competency in Microsoft Word, Excel, Adobe Acrobat, etc.

Notaries or candidates willing to become a notary preferred.

Extensive knowledge of lending terminology and legal documents used in mortgage banking.

Experience in creating loan documents.

Ability to review title commitments and policies.

Ability to use strong interpersonal skills to clarify instructions from lenders, attorneys, and other bank representatives to resolve problems and correct discrepancies that negatively affect the production of loan documents that conform to bank policy.

Benefits

Paid time off for holidays, vacation, and personal leave.

Medical, dental, and vision.

401k

Performance bonuses

Wellness resources

Advancement opportunities