Mortgage Closer

First State Bank Of St. Charles; Chesterfield (MO); On-site; USD 42,000 - 68,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Paid Time Off

401(k)

ESOP

Job summary

First State Bank is seeking a Mortgage Closer onsite at our Chesterfield office. If you have closing experience, you may be a great fit.

The role emphasizes accurate closing and funding of mortgage loans and maintaining clear lines of communication with title companies and loan officers to ensure smooth closings. As a full-time employee, you will prepare loan figures, confirm documents, balance files for disbursement, and coordinate with the Post-Closing team.

Qualifications

• High school diploma or GED required.
• One to two years related experience and/or training required.

Responsibilities

• Accurate and complete closing and funding of mortgage loans.
• Reviews file for required closing documents and data integrity.
• Maintains open communication with Loan Officers and title companies.
• Prepares loan figures and sends to Title Company.
• Prepares mortgage closing documents for borrower execution.
• Balances file in preparation for disbursement of checks/wires.
• Ensures compliance training and adherence to Bank Secrecy Act and AML rules.

Skills

Closing experience

Education

High School Diploma or GED

Job description

First State Bank is seeking a Mortgage Closer onsite at our Chesterfield office. If you have closing experience then you may be a great fit!

40 hours per week.

Full Time benefits will apply, including; medical, dental and vision insurance, paid time off, 401k, ESOP and more!

Duties and Responsibilities

The Mortgage Closer will perform all duties required of a Mortgage Closer by following policies and procedures set forth by First State Bank, including, but not limited to:

• Accurate and complete closing and funding of mortgage loans.
  • Loan types include conventional, government, home equity, MHDC, USDA and portfolio.
• Receives file from Mortgage Loan Specialist, reviews it to make sure necessary documents are in the file for closing and reviews the loan origination system for data integrity.
• Maintains an open line of communication with Loan Officer's and title companies.
• Prepares loan figures and sends to Title Company.
• Once the CD is returned and entered into the system, the final CD is then sent to the Loan Officer's for approval.
• Prepares mortgage closing documents needing to be executed by the borrower in order to close the loan.
• Ensures all loans are closed in a timely manner and that documentation is true and accurate.
• Obtains required documentation set forth by the Underwriting department to satisfy conditions for closing that were part of the approval process.
• Exchanges funding documents with Title Company once the file is closed and all necessary signed documents are completed.
• Balances the file in preparation for disbursement of all checks and/or wires
• Prepares the loan file for recording.
• Ensures all documents needed for the investor are in the closing file and turned over to the Post-Closing department, Assists the Post Closing department in obtaining any additional documents needed by the investor after closing.
• Complete all required compliance training and complies with the Bank Secrecy Act and Anti-Money Laundering Act as well as all regulations which apply within the scope of the position.

Qualifications

• High school diploma or general education degree (GED) required.
• One to two years related experience and/or training required.

As a condition of employment, all new hires will be required to complete a background check and drug testing.

First State Bank is an Equal Opportunity Employer, including protected veterans and individuals with disabilities.