Loan Closing Coordinator Jobs in Mineola, NY

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.

1-10 of 10 Jobs

Senior Analyst, Commercial Loan Closer

  • New York, NY (18 miles from Mineola, NY)
  • 2 days ago
  • New York, NY (18 miles from Mineola, NY)
  • 2 days ago

Process all loan modifications including complex restructures Process all loan assignments as part of loan syndication or movement within co-lender funds Complete new deal set-up activities including...

Mortgage Loan Closer III

  • New York, NY (18 miles from Mineola, NY)
  • 12 days ago
  • New York, NY (18 miles from Mineola, NY)
  • 12 days ago

Origination systems....

VP, Senior Commercial Loan Closer (hybrid) NY/NJ

  • West New York, NJ (19 miles from Mineola, NY)
  • 13 days ago
  • West New York, NJ (19 miles from Mineola, NY)
  • 13 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...

Asset Management & Reporting Analyst, Loan/TPO

  • Teaneck, NJ (21 miles from Mineola, NY)
  • 15 days ago
  • Teaneck, NJ (21 miles from Mineola, NY)
  • 15 days ago

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)....

Construction Loan Analyst

  • New York, NY (18 miles from Mineola, NY)
  • 16 days ago
  • New York, NY (18 miles from Mineola, NY)
  • 16 days ago

Reviews signed loan documentation on new construction loans for consistency with loan approval. 2....

VP, Senior Commercial Loan Closer (hybrid) NY/NJ

  • New York, NY (18 miles from Mineola, NY)
  • 16 days ago
  • New York, NY (18 miles from Mineola, NY)
  • 16 days ago

Overview This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office located in New York City or Morristown, New Jersey. The VP,...

Loan Trading Settlement / Par Loan Closer

  • Jersey City, NJ (22 miles from Mineola, NY)
  • 29 days ago
  • Jersey City, NJ (22 miles from Mineola, NY)
  • 29 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 (18 miles from Mineola, NY)
  • 30+ days ago
  • New York, NY (18 miles from Mineola, NY)
  • 30+ 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,...

Analyst, Loan Administration

  • New York, NY (18 miles from Mineola, NY)
  • 45+ days ago
  • New York, NY (18 miles from Mineola, NY)
  • 45+ 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...

Associate, Loan Closer

  • New York, NY (18 miles from Mineola, NY)
  • 60+ days ago
  • New York, NY (18 miles from Mineola, NY)
  • 60+ 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....

Demographic Data for Mineola, NY

Moving to Mineola, NY? Find some basic demographic data about Mineola, NY below.


Local
National
21,189
1,177
Medium

Loan Closing Coordinator Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Master the Closing Disclosure as a Loan Processor & MLO
Do you want to work in the mortgage industry but don't know what a closing disclosure is? Are you looking to advance in your career by having more specialized knowledge on one of the most...
Master the Art of Closing Hard Equity Mortgage Loans
Did you know that hard equity loans are the fastest and easiest loans to close? Are you looking to get hired by a hard equity lender by having the knowledge necessary to start working? When real...

Salary for Loan Closing Coordinator Jobs in Mineola, NY

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Loan Closing Coordinators in Mineola, NY offer the following education background
Bachelor's Degree
39.6%
Master's Degree
21.6%
High School or GED
16.3%
Associate's Degree
10.8%
Vocational Degree or Certification
8.2%
Some College
2.2%
Doctorate Degree
0.9%
Some High School
0.4%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Closing Coordinators in Mineola, NY
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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