Loan Closing Coordinator Jobs
A Loan Closing Coordinator in the banking industry is a crucial part of the loan process and is responsible for ensuring that all necessary aspects of the loan closing process are met. Their duties include coordinating with loan officers, underwriters, and clients, reviewing loan documents for completeness and accuracy, and ensuring that all conditions of loan approval are met before the closing date. They also work closely with loan servicing and escrow companies to guarantee that all necessary steps are taken for the transfer of property ownership. The Loan Closing Coordinator plays a significant role in maintaining excellent customer service and ensuring all loans are closed in a timely manner.
To become a successful Loan Closing Coordinator, one should have strong organizational and communication skills, detail-oriented nature, and able to work under pressure to meet deadlines. Knowledge of the banking industry, loan processes, and real estate transactions is essential. As for certifications, some companies require a degree in Finance, Business, or a related field, while others might prefer candidates with relevant certification like Certified Loan Processor (CLP), Certified Mortgage Processor (CMP), or Certified Master Loan Processor (CMLP). They are likely to have gained experience in roles such as Loan Processor, Loan Officer, or Underwriter before stepping into the role of a Loan Closing Coordinator.
Primary Responsibilities Schedules customer application appointments for Mortgage Loan Originators Obtains closing agent approvals and changes Creates, manages and distributes all management reports...
Qualifications Must be at least 18 years old High school diploma or GED required 45 years' experience in commercial lending or financial statement review Knowledge of general loan documentation Accurate...
A client is looking for an experienced Mortgage Closer to join their team. This Closer will be responsible for providing leadership to team members in the closing and post closing department. They...
Review loan documentation to ensure compliance with loan approval and policy and ensuring that all standard provisions are included and are not compromised....
Assists commercial lenders in credit analysis and credit approval packages. Performs analysis of financial statements, cash flows and pricing analysis....
Overview CFSB is a full-service payments, lending and banking provider that delivers global financial services through a personal approach....
The Mortgage Closing Specialist role is responsible for supporting various Channels. As the Mortgage Closing Specialist, you will act as a key contributor to facilitate efficient and effective...
Works with outside vendors and service providers to facilitate the loan process. 12....
In two short decades, we closed over 500,000 VA Loans and became the #1 VA lender for homebuyers in the nation. But to us, success isn't measured in numbers....
Knowledge and experience with commercial lending, as well as FHA, VA, and consumer loans is a plus. Pay and Benefits The pay range for this position is $23.00 - $23.00/hr....
Employee Applicant Privacy Notice Who we are: Shape a brighter financial future with us. Together with our members, we're changing the way people think about and interact with personal finance....
About The Role: As a Loan Coordinator, youll guide the loan process from the time theyre under contract through closing with care, passion, and integrity....
Strong working knowledge of mortgage loan documentation, title and escrow procedures, and closing best practices....
May be asked to assist mortgage servicing department, and/or other mortgage lending teams....
Compare Loan Estimate and Closing Disclosure for consummation of closing transaction Authorizing wire transfers to properly fund mortgage loan closings Satisfy any outstanding closing conditions per lender...
Loan Closing Coordinator Online Courses and Training Opportunities
Salary for Loan Closing Coordinator Jobs Nationwide
Required or preferred licenses and certifications for Loan Closing Coordinator positions.
Highest Education Level
Loan Closing Coordinators offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Closing Coordinator position
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Fannie Mae
- Commercial Banking
- Commercial Lending
- Tila Respa Integrated Disclosures
- VA Loans
- Loan Processing
- Mortgage Processing
- Encompass
- Credit Analysis
- Mortgage Servicing
- Wire Transfers
- USDA
- Loan Servicing
- Financial Services
- Underwriting
- Investment Banking
- Investment Management
- Appraisal
- Taxes
- Reconciliations
- General Ledger
- Due Diligence
- File Management
- Real Estate
- Finance
- Closing
- Accounting
- High School Diploma
- Prioritizing
- Microsoft Outlook
- Written Communication
- Auditing
- Documentation
- Reporting
- Filing
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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