Mortgage Loan Closer at Central Bank

Urbandale, Iowa, United States -

Full Time

Start Date

Immediate

Expiry Date

22 Dec, 25

Salary

0.0

Posted On

23 Sep, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Processing, Mortgage Loan Documentation, TRID Compliance, Loan Servicing, Document Submission, Title Insurance, Underwriting Issues, Audit Checklist, Loan Funding, Regulatory Compliance, Communication, Problem Solving, Attention to Detail, Customer Service, Time Management, Team Collaboration

Industry

Banking

Description

Description POSITION SUMMARY The Mortgage Loan Closer will receive and prepare closing loan package necessary for individual loan types in accordance with Bank and Investor guidelines as well as Secondary Marketing commitments and requirements as outlined by supervisor. Provide information on loan types to customers and fellow employees. Understand the whole mortgage process to properly execute the requests. ESSENTIAL DUTIES AND RESPONSIBILITIES The essential functions include, but are not limited to the following: Loan Processing Develop and maintain knowledge of mortgage loan documentation processes Maintain up-to-date knowledge of all systems & processes that pertain to TRID Ensures timely movement and closing of approved loans through pipeline Perform basic loan account maintenance, loan servicing, balancing and reporting processes Submission and review of proper documents for recording and maintenance of loan files Process loan payments, payoff requests, reconciliation of General Ledger custodial and internal accounts Complete title insurance, clear outstanding underwriting issues, monitor suspense files, finalize audit checklist, and resolve any missing items from mortgage files Responsible for funding new loans and making sure they are set-up on Bank’s core system Compliance & Support Contacts Title Companies, Attorneys, Loan Officers, Processors and Insurance Companies to obtain documentation necessary to close mortgage loans Recommends procedural changes to management Ensure account compliance with regulations, policies and procedures Complete regulation, compliance, and additional training as assigned ADDITIONAL RESPONSIBLITIES Perform other related duties and responsibilities as assigned by management. Requirements EDUCATION & EXPERIENCE Associates degree required or equivalent work experience Minimum of one (1) year of experience in similar job duties

Responsibilities

The Mortgage Loan Closer is responsible for preparing closing loan packages and ensuring compliance with Bank and Investor guidelines. They will also provide information on loan types and assist in the mortgage process.