Mortgage Loan Closer

Old Fort Banking Company; Xenia (OH); On-site; USD 45,000 - 62,000; Full time

Job summary

Old Fort Banking Company is seeking a Mortgage Loan Closer to handle processing, administration, and closing of residential mortgage loans, including 1st mortgages and HELOCs. Responsibilities include reviewing documents for accuracy, ordering appraisals and title work, and entering loan data into internal systems.

The role requires ensuring proper vesting, signatures, and dates while maintaining compliance with bank guidelines and BSA requirements.

Qualifications

• Associate or Bachelor’s degree preferred.
• 1-3 years of mortgage experience preferred.
• Excellent communication, leadership, analytical and interpersonal skills.
• Knowledge of Finastra MortgageBot/Avista desired.
• Ability to maintain confidentiality.

Responsibilities

• Closes residential mortgage loans (1st mortgage and HELOC) and ensures documents have signatures and dates.
• Assembles and verifies accuracy of residential loan documentation.
• Orders title work and appraisals; processes loan data entry into systems.
• Reviews loan closing packages and transfers data to departments.
• Maintains compliance with bank policies, procedures, and BSA requirements.
• Communicates with builders and staff to verify construction loan draws and updates.

Skills

Communication

Leadership

Analytical

Interpersonal skills

Education

Associate or Bachelor’s degree preferred

Tools

Finastra MortgageBot/Avista

Job description

Description

As the Mortgage Loan Closer you are responsible for processing, administration, and closing of residential mortgage loans through activities such as processing loan documentation by verifying the accuracy of completion, maintaining loan records and files. Request Appraisals and Title Work. Prepare wire request for closing packages. Review loan documents for accuracy. Enters loan data into computer system. Works with Builders on Construction Draws.

• Closes Residential mortgage loans for 1st mortgage and closes HELOC loans.
• Ensures that residential loan files contain documents with proper signatures, dates and other relevant data.
• Assembles and verifies accuracy of residential loan documentation.
• Processes 1st mortgage loans/ HELOC loans and orders Title and Appraisals.
• Checks documents for proper vesting, legal descriptions, closing dates and signatures.
• Provides administrative assistance to the residential loan officer and staff, including updating loan data for entry into the financial institution’s computers and assembling documentation for residential loans.
• Answers telephone and written inquiries concerning loan processing and information.
• Communicates with builders to verify completion of construction loans
• Completes loan draws for builders.
• Reviews completed loan closing packages, completes scans and transfers data to appropriate departments.
• Remain compliant with bank guidelines, policies, procedures, regulatory and BSA requirements.
• Good communication skills, good computer skills, accuracy, flexibility, ability to handle high stress situations, regular and predictable attendance, exercise discretion and good judgment, follow instructions.
• Reasonable accommodation will be provided to qualified individuals with disabilities.
• Other job duties as assigned.

Description

As the Mortgage Loan Closer you are responsible for processing, administration, and closing of residential mortgage loans through activities such as processing loan documentation by verifying the accuracy of completion, maintaining loan records and files. Request Appraisals and Title Work. Prepare wire request for closing packages. Review loan documents for accuracy. Enters loan data into computer system. Works with Builders on Construction Draws.

• Closes Residential mortgage loans for 1st mortgage and closes HELOC loans.
• Ensures that residential loan files contain documents with proper signatures, dates and other relevant data.
• Assembles and verifies accuracy of residential loan documentation.
• Processes 1st mortgage loans/ HELOC loans and orders Title and Appraisals.
• Checks documents for proper vesting, legal descriptions, closing dates and signatures.
• Provides administrative assistance to the residential loan officer and staff, including updating loan data for entry into the financial institution’s computers and assembling documentation for residential loans.
• Answers telephone and written inquiries concerning loan processing and information.
• Communicates with builders to verify completion of construction loans
• Completes loan draws for builders.
• Reviews completed loan closing packages, completes scans and transfers data to appropriate departments.
• Remain compliant with bank guidelines, policies, procedures, regulatory and BSA requirements.
• Good communication skills, good computer skills, accuracy, flexibility, ability to handle high stress situations, regular and predictable attendance, exercise discretion and good judgment, follow instructions.
• Reasonable accommodation will be provided to qualified individuals with disabilities.
• Other job duties as assigned.

Requirements

• Associate or Bachelor’s degree preferred
• 1-3 years of mortgage experience preferred
• Excellent communication, leadership, analytical and interpersonal skills
• Knowledge of Finastra MortgageBot/Avista desired
• Ability to maintain confidentiality