Mortgage Closing Disclosure Specialist I

Mercantile Bank; Alma (MI); Hybrid; USD 10,000 - 60,000; Full time

Job summary

Join Mercantile Bank as a Mortgage Closing Disclosure Specialist I and thrive in a fast-paced environment managing mortgage documents. This role involves ensuring compliance with regulations, preparing disclosures, and collaborating with a dedicated team to deliver exceptional customer service. Enjoy a hybrid work schedule and competitive pay while contributing to our commitment to integrity and innovation.

Benefits

Competitive compensation

Bonus opportunities

Generous 401k match

Company paid life insurance

Tuition reimbursement

IVF and adoption assistance

Zero-interest loans for fitness equipment

Discounted bank services

Employee stock purchase plan

Exceptional training and development opportunities

Qualifications

• 1-3 years of banking and/or mortgage experience preferred.
• Familiar with mortgage regulations and TRID guidelines.
• Strong communication and organizational skills.

Responsibilities

• Verify mortgage loans for compliance with regulations.
• Prepare initial and re-disclosed Loan Estimates and Closing Disclosures.
• Manage the incoming loan pipeline and disclosures.

Skills

Time Management

Analytical Skills

Problem Solving

Attention to Detail

Verbal Communication

Written Communication

Education

High School Diploma or GED

Job description

Mortgage Closing Disclosure Specialist I

Join Mercantile Bank as a Mortgage Closing Disclosure Specialist I and immerse yourself in a dynamic, fast-paced environment where your passion for mortgages can flourish. Enjoy the excitement of managing critical deadlines while collaborating with a fun, energetic team dedicated to excellence and customer-centric solutions. This role offers the flexibility to work a hybrid schedule, once trained, allowing you to have time in the office and at home. With competitive pay ranging from $18.00 to $22.00 per hour, this opportunity in Grand Rapids or Alma, MI markets, empowers you to grow within the banking industry while contributing to our core values of integrity and innovation.

Core Responsibilities:

• Use your amazing detail-oriented skills to verify mortgage loans are set up appropriately and comply with all policies and regulations.
• Initiate appropriate discloses while maintaining deadlines.
• Your enthusiastic attitude and personality will contribute to the success of the team and to the satisfaction of our customers.

Why Mercantile Bank?

Mercantile Bank was founded by entrepreneurs who believed building strong relationships and communities is accomplished through collaboration and innovation. It's more than being a financial institution, it's being a trusted ally and community partner. As Michigan's largest community bank, our roots are deeply embedded in the diverse communities we serve. Our commitment to our customers and community is at the core of all we do.

As an employee of Mercantile Bank, you will receive competitive compensation, bonus opportunities, and best-in-class benefit options. With a minimum of 3 weeks' vacation, sick time, 11 paid holidays, generous 401k match of 5%, company paid life insurance, tuition reimbursement, IVF and adoption assistance, zero-interest loans for fitness equipment and business attire, discounted bank services, employee stock purchase plan, 529 savings plans, health savings accounts, flexible spending accounts, legal protection, exceptional training and development opportunities, and encouragement to connect with community through volunteer opportunities.

As a Mortgage Closing Disclosure Specialist I at Mercantile Bank, you will play a pivotal role in the residential mortgage process, engaging in a variety of essential tasks such as preparing initial and re-disclosed Loan Estimates and preliminary Closing Disclosures. Your attention to detail ensures compliance with federal and state regulations alongside internal policies, safeguarding the integrity of our operations. You will manage the incoming loan pipeline and the re-disclosure queue in alignment with TRID regulations, verifying complete applications and accurate fees. By collaborating with Mortgage Loan Officers, Processors, Closers, and Underwriters, you will uphold our high service standards while providing timely disclosures to clients.

Your customer-centric approach and commitment to compliance will shine as you build relationships with title companies and settlement agents. This role leverages your skills in a fast-paced environment, making a meaningful impact within Mercantile Bank's vibrant culture and innovative atmosphere.

What We're Looking For

To excel as a Mortgage Closing Disclosure Specialist I at Mercantile Bank, candidates should possess 1-3 years of banking and/or mortgage experience, with a strong preference for those familiar with mortgage regulations, TRID guidelines, and title policies. Successful candidates will demonstrate exceptional time management skills, allowing them to meet critical deadlines in a fast-paced environment.

Strong analytical and problem-solving abilities are essential for navigating complexities in loan processing. Verbal and written communication skills must be top-notch, facilitating effective collaboration with various stakeholders, including Mortgage Loan Officers and title companies. Additionally, a keen sense of organization and attention to detail is crucial in preparing accurate disclosures and ensuring compliance with regulatory requirements.

If you thrive in an environment where there is always something to do and are passionate about delivering excellent customer service, this position offers the perfect opportunity to leverage your skills in a rewarding career.

Requirements:

• A high school diploma or GED
• 1 – 3 years of banking and/or mortgage experience

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Mercantile Bank is an Equal Opportunity Employer.