Mortgage Loan Closer: Precision Closings & Compliance

First United Bank; Plano (AL); On-site; USD 60,000 - 80,000; Full time

Job summary

First United Bank is seeking a Mortgage Loan Closer in Plano to handle closing duties for mortgage loans in compliance with bank, investor, and regulatory requirements.

The role emphasizes file auditing, data verification, and coordination with title companies to ensure timely closings. Applicants should have extensive experience in loan production and closing processes, including FHA/VA and conventional loans, with strong communication and teamwork skills.

Qualifications

• Minimum of five years experience in a loan production environment.
• Minimum of two years experience closing FHA, VA, FNMA, non-conforming and conventional loans.
• Experience with ENCOMPASS loan origination and fulfillment software a plus.
• Experience with Microsoft Word, Excel and Outlook.
• Teamwork and customer service skills a must.
• Strong written and verbal communication skills.
• Strong ability to build and maintain relationships with other departments.

Responsibilities

• File Auditing: Audit the mortgage loan file for accuracy and review underwriting approvals for clear-to-close and specific closing/funding conditions.
• Data Verification: Verify that the lock, loan approval, fees, and current loan entry program data all match completely.
• System Management: Ensure the loan is correct within the loan entry program, complete all required closing fields, and log file progress in the conversation log or loan story during every interaction.
• Title Coordination: Prepare and send closing instructions, invoices, insurance, and relevant file items to the title company 24 hours prior to closing.
• Closing Disclosure (CD) Management: Review title company CDs, secure MLC approval on figures, issue initial CDs to borrowers, and handle Changes of Circumstance (COC) CDs when applicable.
• Document Preparation: Prepare, review, and send final closing documents to the title company while maintaining strict compliance and accuracy.
• Funding Operations: Verify wiring instructions, initiate wire transfers, send expedited funding authorizations to title, and successfully complete all funding checklist items.
• Communication & Collaboration: Provide consistent file status updates to the MLC and Loan Assistant, and assist the post-closing and shipping departments with missing documents or file issues.

Skills

Strong written and verbal: comms

Teamwork and customer service

Relationship building

Tools

ENCOMPASS loan origination software

Microsoft Word

Microsoft Excel

Outlook

Job description

First United Bank is seeking a Mortgage Loan Closer in Plano to handle closing duties for mortgage loans in compliance with bank, investor, and regulatory requirements.

The role emphasizes file auditing, data verification, and coordination with title companies to ensure timely closings. Applicants should have extensive experience in loan production and closing processes, including FHA/VA and conventional loans, with strong communication and teamwork skills.