Loan Closing Coordinator Jobs in Rahway, NJ
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.
- Newark, NJ (10 miles from Rahway, NJ)
- 2 hours ago
- Newark, NJ (10 miles from Rahway, NJ)
- 2 hours ago
and deposits Coordinate with Credit Officers, Portfolio Management and Legal Counsel to approve premium finance loan Oversee all phases of loan processing, including exposure model generation, legal...
- New York, NY (17 miles from Rahway, NJ)
- 2 days ago
- New York, NY (17 miles from Rahway, NJ)
- 2 days ago
Skills and Requirements - 3+ years of experience with banking - 2+ years of experience within secondary lending (either settlement or closing) - Experience with Clearpar - Strong attention to detail...
- Bedminster, NJ (21 miles from Rahway, NJ)
- 4 days ago
- Bedminster, NJ (21 miles from Rahway, NJ)
- 4 days ago
Required: Bachelor's degree in business Related Field preferred Minimum 10+ years working in a Commercial Lending Department or Bank Environment Significant knowledge of Commercial Lending Credit Agreements...
Loan Trading Settlement / Par Loan Closer
- Jersey City, NJ (13 miles from Rahway, NJ)
- 9 days ago
- Jersey City, NJ (13 miles from Rahway, NJ)
- 9 days ago
Loan Trading Settlement / Par Loan Closer Key Responsibilities: Prepare, post & review LSTA/LMA standard documents and other various loan documents including trade confirms, assignment agreements,...
Loan Trading Settlement / Par Loan Closer
- New York, NY (17 miles from Rahway, NJ)
- 12 days ago
- New York, NY (17 miles from Rahway, NJ)
- 12 days ago
Loan Trading Settlement / Par Loan Closer Key Responsibilities: Prepare, post & review LSTA/LMA standard documents and other various loan documents including trade confirms, assignment agreements,...
Loan Analyst - Residential Mortgage
- Bowling Green, NY (14 miles from Rahway, NJ)
- 25 days ago
- Bowling Green, NY (14 miles from Rahway, NJ)
- 25 days ago
Origination System within the last 3 years Knowledge of mortgage lending programs including Non-Conforming, Fannie Mae, and Freddie Mac guidelines, as well as the use automated underwriting systems...
- New York, NY (17 miles from Rahway, NJ)
- 30+ days ago
- New York, NY (17 miles from Rahway, NJ)
- 30+ days ago
Specific responsibilities include: Support Senior Loan Administrators in the day-to-day administration of assigned loans, including communication with Borrowers and Lenders/Investors and Client Analyzing...
- New York, NY (17 miles from Rahway, NJ)
- 45+ days ago
- New York, NY (17 miles from Rahway, NJ)
- 45+ days ago
EDUCATION AND EXPERIENCE PREFERRED: Prior Mortgage experience in Mortgage Closing whether at a Lender, Title Company or Settlement Agent's office. Solid knowledge of Department software....
- New York, NY (17 miles from Rahway, NJ)
- 45+ days ago
- New York, NY (17 miles from Rahway, NJ)
- 45+ days ago
CLO Associate/Loan Closer Job Description-1-4 years Manage day to day activity of CLO warehouses. Communicate trade flow between fund managers and TRS provider. Communicate/fix discrepancies....
CLO/Syndicate Loan Settlement Specialist(hybrid)
- Newark, NJ (10 miles from Rahway, NJ)
- 90+ days ago
- Newark, NJ (10 miles from Rahway, NJ)
- 90+ days ago
Qualifications: 5+ years of experience in Loan Processing, credit operations, or funds administration, with a strong focus on global loan processing....
Demographic Data for Rahway, NJ
Moving to Rahway, NJ? Find some basic demographic data about Rahway, NJ below.
Loan Closing Coordinator Online Courses and Training Opportunities
Salary for Loan Closing Coordinator Jobs in Rahway, NJ
Highest Education Level
Loan Closing Coordinators in Rahway, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Closing Coordinator position
- Prioritizing
- Escrow
- Title Insurance
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- BSA
- Know Your Customer
- Commercial Banking
- FHLMC
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- Loan Processing
- VA Loans
- OFAC
- Mortgage Processing
- Encompass
- Mortgage Servicing
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Investment Banking
- Appraisal
- Reconciliations
- Due Diligence
- File Management
- Real Estate
- Finance
- Closing
- Accounting
- Decision Making
- High School Diploma
- Auditing
- Microsoft Outlook
- Written Communication
- Documentation
- Filing
- Regulations
- Multitasking
- Reporting
- 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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