Loan Closing Coordinator Jobs in Arizona
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.
Excellent analytical abilities and detail-oriented approach Education, Certification, and License Requirements High school diploma or GED Experience Required 3-5 years of mortgage lending closing experience...
closings Accurately evaluate and upload data into the systems of record to ensure compliance with all bank policies, procedures and regulatory requirements Document and coordinate legal activities for loan...
loan documentation Ability to demonstrate interpersonal, organizational, and effective leadership skills Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic...
documentation that may also include documentation purchased from third party sources, with internal staff and the Corporate Legal group Work collaboratively with Credit, Sales and Legal regarding proper...
Verifies and inputs loan information accurately into loan origination system....
Verifies and inputs loan information accurately into loan origination system. Verifies Prior to Document conditions have been signed off....
Demographic Data for Arizona
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Loan Closing Coordinator Online Courses and Training Opportunities
Salary for Loan Closing Coordinator Jobs in Arizona
Highest Education Level
Loan Closing Coordinators in Arizona offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Closing Coordinator position
- Commercial Real Estate
- Mortgage Lending
- Consumer Lending
- Lending
- Loan Origination
- Loan Documentation
- Fannie Mae
- Commercial Banking
- BSA
- Account Maintenance
- Commercial Lending
- Know Your Customer
- Federal Housing Administration
- Tila Respa Integrated Disclosures
- Loan Processing
- OFAC
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- USDA
- Mortgage Servicing
- Wire Transfers
- Mortgage Underwriting
- Financial Services
- Encompass
- Underwriting
- Investment Management
- Appraisal
- Due Diligence
- Client Services
- Real Estate
- Closing
- Finance
- Accounting
- High School Diploma
- Prioritizing
- Auditing
- Microsoft Outlook
- Written Communication
- Documentation
- Reporting
- Filing
- Sales
- Regulations
- Multitasking
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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