Loan Closing Coordinator Jobs in New Jersey
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.
VP, Senior Commercial Loan Closer - Remote (TX, FL, GA, NC, MA, IL, NY, NJ, CT)
- Morristown, NJ
- 1 day ago
- Morristown, NJ
- 1 day ago
Overview This is a remote role that may only be hired in the following location(s): TX, FL, GA, MA, IL, NC, NY, NJ, CT The VP, Senior Commercial Loan Closer - Commercial provides a high level of...
Remote WorkQualifications Bachelor's Degree and 4 years of experience in Loan documentation prep, review and/or loan processing....
Consumer Operations 1+ years loan documentation experience Knowledge of applicable lending practices Ability to understand and apply processing procedures and processes Detail orientated with ability...
Origination systems....
VP, Senior Commercial Loan Closer (hybrid) NY/NJ
- West New York, NJ
- 18 days ago
- West New York, NJ
- 18 days ago
Section 19 of the Federal Deposit Insurance Act prohibits First Citizens Bank from employing individuals convicted of certain criminal offenses. Offers of employment will be contingent upon a...
Basic understanding of consumer lending, credit underwriting, and consumer asset backed securities (ABS) markets. Proficiency in MS Office Suite and Excel (Pivot tables, lookups & VBA)....
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...
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 Key Responsibilities: Prepare, post & review LSTA/LMA standard documents and other various loan documents including trade confirms, assignment agreements,...
Qualifications: 5+ years of experience in Loan Processing, credit operations, or funds administration, with a strong focus on global loan processing....
Demographic Data for New Jersey
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Loan Closing Coordinator Online Courses and Training Opportunities
Salary for Loan Closing Coordinator Jobs in New Jersey
Highest Education Level
Loan Closing Coordinators in New Jersey offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Closing Coordinator position
- Title Insurance
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- Know Your Customer
- OFAC
- Encompass
- Mortgage Processing
- Wire Transfers
- Financial Services
- USDA
- Loan Servicing
- Mortgage Servicing
- Underwriting
- Anti-Money Laundering
- Appraisal
- Due Diligence
- File Management
- Real Estate
- Problem Resolution
- Finance
- Closing
- Accounting
- High School Diploma
- Auditing
- Written Communication
- Microsoft Outlook
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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