Loan Closing Coordinator Jobs in Connecticut
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.
Maintains effective working relationships with branch personnel, loan originators, and other internal contacts. ACCOUNTABILITIES Primary: Underwriting/ Credit Analysis 1....
PRINICIPAL ACCOUNTABILITIES: Loan Documentation : Accurately reviews loan packages to insure underwriting/closing conditions have been met prior to closing....
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Loan Closing Coordinator Online Courses and Training Opportunities
Salary for Loan Closing Coordinator Jobs in Connecticut
Highest Education Level
Loan Closing Coordinators in Connecticut 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
- Loan Origination
- Consumer Lending
- Lending
- Federal Housing Administration
- Nationwide Mortgage Licensing System & Registry
- Federal National Morgage Association
- Loan Documentation
- Commercial Banking
- FHLMC
- Tila Respa Integrated Disclosures
- Commercial Lending
- BSA
- Loan Processing
- Wire Transfers
- Encompass
- Mortgage Servicing
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- USDA
- Valuation
- Anti-Money Laundering
- Underwriting
- Appraisal
- Due Diligence
- 10 Key
- File Management
- Real Estate
- Closing
- Finance
- Decision Making
- Auditing
- High School Diploma
- Accounting
- Microsoft Outlook
- Written Communication
- Documentation
- Reporting
- Filing
- Policy Development
- Multitasking
- Problem Solving
- Regulations
- Microsoft Excel
- Microsoft Office
- Time Management
- Research Skills
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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