Loan Closing Coordinator Jobs in New York
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.
Overview CFSB is a full-service payments, lending and banking provider that delivers global financial services through a personal approach....
Works with outside vendors and service providers to facilitate the loan process. 12....
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,...
Works with outside vendors and service providers to facilitate the loan process. 12....
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...
Prior Mortgage experience in Mortgage Closing, whether at a Lender, Title Company, or Settlement Agent's office. Solid knowledge of the Department software....
And provide status updates to the Loan Officers; act as liaison for loan officers, lender, borrowers, closing attorney and underwriter....
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...
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....
Education and Experience Preferred: Prior Mortgage experience in Mortgage Closing whether at a Lender, Title Company or Settlement Agents office. Solid knowledge of Department software....
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....
Founded in 1835, State University of New York (SUNY) Brockport is an exceptional regional comprehensive public university that offers high-quality undergraduate and graduate degree programs in the...
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Loan Closing Coordinator Online Courses and Training Opportunities
Salary for Loan Closing Coordinator Jobs in New York
Required or preferred licenses and certifications for Loan Closing Coordinator positions.
Highest Education Level
Loan Closing Coordinators in New York offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Closing Coordinator position
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- Loan Documentation
- Federal Housing Administration
- Fannie Mae
- Commercial Banking
- Commercial Lending
- Tila Respa Integrated Disclosures
- VA Loans
- Loan Processing
- Mortgage Processing
- Encompass
- Credit Analysis
- Mortgage Servicing
- Wire Transfers
- USDA
- Loan Servicing
- Financial Services
- Underwriting
- Investment Banking
- Investment Management
- Appraisal
- Taxes
- Reconciliations
- General Ledger
- Due Diligence
- File Management
- Real Estate
- Finance
- Closing
- Accounting
- High School Diploma
- Prioritizing
- Microsoft Outlook
- Written Communication
- Auditing
- Documentation
- Reporting
- Filing
- Regulations
- Multitasking
- 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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