Loan Closer Resume Samples
4.6
(105 votes) for
Loan Closer Resume Samples
The Guide To Resume Tailoring
Guide the recruiter to the conclusion that you are the best candidate for the loan closer job. It’s actually very simple. Tailor your resume by picking relevant responsibilities from the examples below and then add your accomplishments. This way, you can position yourself in the best way to get hired.
Craft your perfect resume by picking job responsibilities written by professional recruiters
Pick from the thousands of curated job responsibilities used by the leading companies
Tailor your resume & cover letter with wording that best fits for each job you apply
Resume Builder
Create a Resume in Minutes with Professional Resume Templates
CHOOSE THE BEST TEMPLATE
- Choose from 15 Leading Templates. No need to think about design details.
USE PRE-WRITTEN BULLET POINTS
- Select from thousands of pre-written bullet points.
SAVE YOUR DOCUMENTS IN PDF FILES
- Instantly download in PDF format or share a custom link.
CW
C Williamson
Claudia
Williamson
58034 Brekke Roads
Phoenix
AZ
+1 (555) 747 1184
58034 Brekke Roads
Phoenix
AZ
Phone
p
+1 (555) 747 1184
Experience
Experience
Dallas, TX
Loan Closer
Dallas, TX
Friesen, Friesen and Schneider
Dallas, TX
Loan Closer
- Professional development - SunTrust University, an in-house career growth and employee development program
- Business Performance Management
- The closer will work with the client to ensure they are aware of any closing conditions, which includes any cash to close etc
- Working knowledge of MDIA/TILA
- May provide notary public service
- Time away from work – vacations and holidays
- Work in a team environment to close loans and support the necessary team functions
Detroit, MI
Bank Loan Closer
Detroit, MI
Huels LLC
Detroit, MI
Bank Loan Closer
- Demonstrate product and functional knowledge of the loan and privates market in order to communicate with the business, trading counterparties and large/sensitive clients
- Knowledge of vendor systems including, but not limited to, Wall Street Office and Clear Par, in order to ensure accuracy of LSTA/LMA documentation and calculation of trade proceeds
- Maintain a working knowledge of all relevant portfolios and deal related documentation to ensure controls are in place and that guidelines are adhered to
- Liaise with Administrative Agents, Borrowers and Legal with regards to KYC documentation, including administrative details, tax and fund formation documents
- Support the settlement process of primary loan syndications and secondary loan trades, including funding and documentation matters
- Significant interaction with senior management, SS&C GlobeOp clients, their trading counterparties, agent banks, custodians, trustees and other SS&C GlobeOp departments (i.e.: fund accounting, operations, OTC operations and OTC Pricing) relative to loan setttlements
- Investigate and resolve closing and transactional issues in a timely manner
present
San Francisco, CA
European Middle Market Loan Closer
San Francisco, CA
Schultz Inc
present
San Francisco, CA
European Middle Market Loan Closer
present
- Work with parties, namely, borrowers, advisors, sponsors to request specified documents; ensure they are provided in a timely and accurate manner
- Work on projects focused around tightening control gaps for daily processes
- Assist with currency hedging and bridge facility processes
- Manage valuation process in liaison with the portfolio management team, COO team, credit research analysts, pricing team, valuation committee and external valuation advisor
- Manage internal constituencies (credit research, legal and compliance, tax, fund an investment operations etc.) to ensure accurate and timely closing of transactions
- Involvement in providing portfolio reports and analytics for internal and external use
- Identify and escalate issues to the portfolio manager, COO, legal and compliance teams when necessary
Education
Education
Bachelor’s Degree in Business Professional Behaviors Including Punctuality
Bachelor’s Degree in Business Professional Behaviors Including Punctuality
Duke University
Bachelor’s Degree in Business Professional Behaviors Including Punctuality
Skills
Skills
- Proficient knowledge of loan closing processes and procedures, lending compliance and regulations, loan systems, and loan documentation
- Ability to proficiently use Microsoft Office software, including Outlook, Word, and Excel
- Proven ability to provide professional, responsive customer service
- Solid knowledge of state and local real estate markets
- Strong analytical and problem-solving skills
- Desire to have a basic understanding of the mortgage process/industry
- Ability to Calculate delayed comp and economic benefit on loan trades
- Ability to perform tasks and complete projects with minimal supervision
- Solid written and verbal communication skills
- Additional operational knowledge of fixed income bonds, derivatives, FX, TBA’s and Futures
15 Loan Closer resume templates
Read our complete resume writing guides
1
Bank Loan Closer Resume Examples & Samples
- Interact with internal and external counterparts such as Portfolio Management, Global Client Group, Legal, Compliance, Finance, Technology, Custodians, Fund Administrators, Agent Banks, and Trading Counterparts/Brokers
- Investigate and resolve closing and transactional issues and communicate all issues timely
- Participate in the review of the daily/weekly reports and metrics provided to management and the business to highlight status of trades and risks
- Work in a dynamic team environment and participate in strategic initiatives
- Excellent communication and client service skills
- Working knowledge of the product
- Minimum of 3 years experience settling loans (including distressed debt)
2
Loan Closer Resume Examples & Samples
- 3-5 years of experience working in buy- or sell- side Operations
- Familiarity with Bloomberg and Geneva 10.0 loan processing functionality
- Understanding of loan settlement process across various systems, including Clearpar, Wall Street Office and Bloomberg
- Experience improving trade flow downstream
- Knowledge of corporate action processing on any of the following systems: Lend Amend, Intralinks, Syndtrak or Debt Domain
- Insight into TRS loan process, surveillance of eligible criteria and reporting
- Ability to Calculate delayed comp and economic benefit on loan trades
- Experience with bridge loans and commitment fees associated with these products
- Familiarity with revolver and par loans
- Additional operational knowledge of fixed income bonds, derivatives, FX, TBA’s and Futures
- European loan exposure
3
Loan Closer Resume Examples & Samples
- Prepare closing documents for first and second mortgages ensuring quality, accuracy of closing fees and proper closing conditions
- Receive incoming loan titles, enter loan data and send out applicable disclosures
- Answer questions regarding closing requirements, including insurance and tax
- College Degree preferred but not required
- Proven ability to excel in a fast paced environment
- Proven ability to multi-task
- Ability to build strong relationships with internal partners
- Experience with reading a HUD-1, Closing documents, and Good Faith Estimates a plus
- Experience reading and understanding title work a plus
4
Home Loan Closer Resume Examples & Samples
- Draw loan documents with Loan Origination System (LOS), verify and validate completeness of funding packet and correlate with Title/Escrow to set hard closing dates for all escrow loans
- Book all loans to loan servicing system, update the LOS system with final actions and close loans
- Set up impound accounts and open tax services on all first mortgages
- Prepare necessary investor forms
- File jackets and loan files in assigned storage areas
- Follow up on and update LOS system with any trailing documentation
- Wire funds to title companies
- Understand all closing team tasks and exhibit proficiency in that capacity with limited errors; Achieve and maintain department goals related to quality and production
- Display a sense of urgency while ensuring proper steps have been taken to maintain data integrity related to drawing documents, working with title companies and closing files
- Understand the terms of different loan products, how they function and how they are serviced
- 2+ years’ experience in mortgage environment, including 1 year experience in mortgage loan closing/funding
- Proficient in MS applications, including Word and Outlook
5
AVP Commerical Loan Closer Resume Examples & Samples
- The position manages the closing of the transaction with little to no intervention from the manager
- The position develops and presents solutions for approval to credit, the business or servicing as needed
- The position must be able to manage multiple parties and their expectations as well as handle a minimum of ten transactions at any given time
- Minimum of eight years proven and progressive commercial loan closing experience with a bank or other financial institution, including experience closing commercial syndicated, construction or portfolio loans as well as experience with secondary market, conduit or CMBS product or equivalent
- Strong knowledge of commercial real estate documentation, risk management and commercial real estate loan products, servicing principles for commercial real estate loans and pertinent state laws governing commercial mortgages
- Ability to evaluate, assess and mitigate risk inherent to closing process as well as ensuring adherence to banking regulations and policies and procedures while recognizing the unique, individualized nature of each commercial real estate transaction, particularly syndications
- Attention to detail and ability to evaluate particular situations and work independently to develop a solution critical
6
Loan Closer Resume Examples & Samples
- Minimum 1-2 years of experience preferred
- Knowledge of federal and multiple state regulatory requirements strongly preferred
- Ability to multi-task and work in a fast paced environment
7
Loan Closer Resume Examples & Samples
- Prepare and deliver complete and accurate loan closing documents and closing instructions, including HUD 1 instructions and title documents, to the Closing Agent in a timely and professional manner
- Act as a communication touch point with the processing center, loan officers, Closing Agent, and post closing departments
- Accurately calculate all fees due and payable in order to timely request funds for wire through the loan origination system
- Validate funding documents, including any outstanding loan conditions
- Review final closing package for delivery to corporate, image the closing package, and deliver collateral within required time frames
- Resolve, or assist in resolving, post closing and quality control audit issues
- Ability to champion ways to maximize opportunities and challenge the status quo
- Ability to plan for contingencies and anticipate problems and identify risks
- Ability to show dignity and fairness toward others
- Ability to value contribution of all team members and is effective at resolving workplace conflicts
- Ability to focus on speed and set the right priorities without compromising accuracy
- Ability to adapt to the needs of the business
- Strong knowledge of RESPA and other federal compliance requirements and regulations
- Solid knowledge of state and local real estate markets
8
Cres Loan Closer Resume Examples & Samples
- Balances closing figures and prepares closing papers in accordance with FHLMC, FNMA, RD and Bond agency and Bank requirements in an accurate and timely manner
- Works with lending institutions and customers to clear various title problems, such as liens, lawsuits, and judgments
- Ensures accuracy of all related accounting entries
- Determines and prepares the appropriate loan documents needed to satisfy internal, external and regulatory requirements in accordance with loan program
- Ensures all underwriting conditions have been satisfied, RESPA issues have been addressed and properly documented
- Balances the truth-in-lending amount financed to the final approval settlement statement to ensure compliance with Reg Z
- Sets up loan funding calculations. Balances closing figures with the title company and prepare closing documents in accordance with FHLMC, FNMA, RD and Bond agency. Prepares checks or wire and balance cash reconciliation statement in accordance with corporate guidelines
- Prepares required closing package for delivery to title company via e-mail transmission in a timely manner
- Good understanding and knowledge of lending documentation, internal loan processes and governmental regulations and requirements
- Customer service experience necessary
- General familiarity with office procedures
- Typing of 40-45 WPM
- Good verbal and written communication
- Knowledge of 10-key, calculator
- Math and analysis
9
Loan Closer Resume Examples & Samples
- Verify that Title is free of extraneous liens, Ensure proper vesting and legal description, Adequate Homeowners Insurance is provided, Verify CPL, Verify Flood Certs, Verify Taxes
- Monitor and maintain a pipeline to anticipate estimated closing date
- Competently review loan files to insure all conditions are cleared and file is ready to close
- Entry of loan data into the origination system to produce closing documents
- Review and ensure the loan closing package is accurate, complete and documents meet all applicable agency and investor requirements
- Responsible for efficiently and effectively communicating with all parties involved in the transaction
- Ensure receipt and review of Subordination Agreements as required in the Loan Approval
- Track and support information, ensuring the highest quality in loan document preparation and timely submission of loan packaging to the settlement agents
- Coordinate with Settlement Agent to obtain HUD-1/Closing Disclosure. Review HUD/Closing Disclosure for compliance with closing instructions and balance the HUD-1/Closing Disclosure
- Verification that all requirements of the loan process have been met prior to wire of funds
- Keeps information accessible by sorting, organizing, and filing documents
- Perform other job duties and assist with other office assignments when needed within the mortgage department
- High school diploma or equivalent work experience required
- Minimum of 2+ years residential mortgage loan closing experience
- Working knowledge of FHA, VA and conventional guidelines for mortgage loan origination
- Working knowledge of various regulatory guidelines (e.g., Truth-in-Lending, HMDA, RESPA, etc.)
- Strong attention to detail with effective time management/organizational skills
- Ability to prioritize and meet deadlines
- Ability to handle multiple tasks under tight time constraints with high volume
- Must demonstrate the ability to work in a fast-pace, high volume, market driven work environment, while remaining motivated and focused completing repetitive, yet business critical tasks
- Ability to handle confidential material in a professional, highly ethical manner
10
Cres Loan Closer Resume Examples & Samples
- Verifies accuracy of file documentation, correct vesting, legal description and required title endorsements and enters all document preparation information into the computer system
- Years of functional/professional experience 3+ years of closing/funding experience
- More than one year of customer service experience
- Good knowledge of residential real estate loan products and related processing and underwriting procedures and requirements
- Familiarity with office procedures
- Demonstrated math and analysis skills
- PC Proficiency with Windows based software in Word, Outlook and Excel
11
Loan Closer Resume Examples & Samples
- Polished and professional demeanor
- Proficiency with computer platforms and applications
- Exceptional communication skills
- Strong analytical skills
12
MB Senior Loan Closer Resume Examples & Samples
- Prepare closing documents for first mortgages ensuring quality, accuracy of closing fees and proper closing conditions
- Communicate with Processors and Loan Originators assigned to loan
- Answer questions regarding closing requirements, includes insurance and tax requirements
- Maintain a closing pipeline by completing closing documents in a timely manner in advance of the closing, managing prioritization of files for escalated closing times, adhering to wire cut-off times, and timely delivery of complete closed loan packages
- Strong knowledge of the mortgage process
- Experience working with loan closing documents (conventional and government, purchase and refinance, FHA/VA)
- O Minimum 3 years of experience required
- Knowledge of federal and multiple state regulatory requirements required
- Knowledge of fundamental accounting skills including basic math and balancing files
- Excellent written and verbal communication skills strongly preferred
13
Loan Closer Resume Examples & Samples
- Review loan files submitted by Processing for adherence to company policy
- Collecting, reviewing and distributing due diligence items necessary for loan closing
- Proactive quality and professional involvement with closing attorneys, mortgage brokers, mortgage consultants and borrowers
- Handling amendments, extensions and other duties pertaining to the closing process in line with department policy and procedures
- Inputting loan information into the loan origination systems
- Ensure integrity of data input in to loan origination system
- Review loan closing package for completeness and accuracy; transmission of loan package
- Order wires
- Interacting extensively with the closing attorneys, mortgage brokers, mortgage consultants and borrowers to obtain outstanding conditions necessary to meet the loan funding requirements to verify that the loan file is clear to fund
- Regularly updating pipeline to reflect closing status
- Package closed loan files for delivery to Post Closing and Secondary Marketing
- Real estate closer or related real estate/law firm experience is preferred
14
CPB RRE Loan Closer Resume Examples & Samples
- Being responsible for all activities from registering applications through underwriting submission and closing
- Coordinating with Loan Officers, Vendors, Underwriters and Closing Agents
- Reviewing and following up on a frequent basis to process trailing documents as needed
- Timely preparation of mortgage documents and customer disclosures
- Ability to obtain relevant information from clients, realtors, builder, title companies, appraisers, bankers, accountants or anyone associated with the origination process
- 5 years’ work experience in mortgage loan processing or equivalent work experience within the mortgage industry (e.g. title, escrow, insurance)
- Overtime may be required based on business needs and is required to be pre-approved by manager
15
Loan Closer Resume Examples & Samples
- Product & Process
- Risk & Control
- Business Performance Management
- Solid understanding of business unit’s risk and regulatory requirements
- Solid understanding of internal business partner’s business, services and organization
- Strong investigation skills
- Strong prioritization skills
16
MB Loan Closer Resume Examples & Samples
- Expertise in producing quality files to ensure passing of all quality audits throughout the process
- Proven interpersonal skills that build lasting relationships with internal business partners
- Desire to work in a fast paced environment while successfully handling several top priorities each day
- Knowledge of federal and multiple state regulatory guidelines
- Receive incoming loan titles, enter loan data , and send out applicable disclosures
- Communicate with Processors and Mortgage Bankers assigned to loan as necessary
- Ensure all closing documents are issued timely and accurately
- Ensure title companies adhere to Chase policies and procedures and ensure closings result in a highly satisfactory customer experience
- Answer questions regarding closing requirements, including insurance and tax requirements,
- Handle and resolve all post-closing loan issues
17
Loan Closer Resume Examples & Samples
- Updates comments and ensure all the fees and cost are accurately calculated
- Prepare closing instructions and coordinate with Title Company to monitor the closing and funding
- Manage the document management system to show only relevant documents are delivered and correct names if applicable
- Review/Audit CD (Closing Disclosure) with accurate fees and coordinate with the Branch to ensure the figures on CD are accurate and correct
- Ensure all at close and funding conditions are met as per lender requirements
- Interfaces with the Wire Team to complete the funding of loans
- Interfaces with Post Closing
- Acknowledge to the closing agent, processor and loan officer that we have received a CD, providing a copy to all parties
- Always project a warm friendly and professional attitude when dealing with all customers
- Speak with compassion and be a relationship builder
- With each call ask, “How can I help this to resolve quickly and completely”
- Have a thorough knowledge of the department workings to be able to respond to incoming calls concerning status of files and requests for assistance
- Once the documents have been sent, following up with a phone call to the closing agent to confirm receipt of the instructions and request a turn time commitment on how soon we will receive their feedback on the CD
- For CDs or revisions not received in a timely manner, following up with a phone call to the closing agent to follow up on status of when we will receive their feedback on the CD
- Five years related experience as a closer, document drawer, HUD reviewer or equivalent
- Thorough working knowledge of Escrow State and Non-Escrow State closing processes
- High level of proficiency with mortgage loan origination systems, MS Outlook and Excel
- High level of proficiency with document preparation systems
- Strong organizational, problem-solving, multi-tasking and analytical skills
- Ability to effectively communicate with people at all levels and from various backgrounds
- Must be able to speak, read, write, and understand the primary language(s) used in the workplace
- Should have good computer handling skills
- Flexible schedule due to high volume
18
Senior CRE Loan Closer Resume Examples & Samples
- Minimum of four years proven and progressive commercial loan closing experience or equivalent; experience closing syndicated construction loans preferred
- Paralegal certificate or Bachelor’s degree in business, related field or equivalent experience
- Proven communications, analytical, organizational, follow-up and customer service skills
- Working knowledge of real estate documentation, risk management and collateral monitoring; basic knowledge of pertinent state laws
19
Loan Closer & Funder Resume Examples & Samples
- To ensure accuracy, organize, review, and analyze documents in the loan file related to closing; work with appropriate departments or third parties to rectify any problems
- Enter, review and validate loan information in the appropriate loan origination system
- Create and review closing documents appropriate for the specific loan type, which includes down payment assistance programs
- Prepare and deliver complete and accurate loan closing documents and closing instructions, including CD/ HUD 1, instructions and title documents, to the Closing Agent in a timely and professional manner
- Confirm fundings are successful; request return of funds if a closing is canceled
- Remain abreast of department, corporate, investor and industry guidelines and requirements
- Other duties as assigned
- Ability to effectively listen and respond to customers' needs
- Ability to demonstrate a strong desire to satisfy one's internal and external customers by displaying superior customer services skills
- Ability to exhibit professional written and verbal communication at all times
- Ability to take personal ownership for self-development
- Ability to demonstrate a high degree of business professional behaviors including punctuality, attendance, responsiveness, and dependability
- Proficient in personal computer use in a Microsoft Windows based environment
- Knowledge of Microsoft Office
20
Bank Loan Closer Resume Examples & Samples
- Interact with internal and external counterparts with confidence within the scope of the role, such as Portfolio Management, ICB, Legal, Compliance, Finance, Technology, Custodians, Fund Administrators, Agent Banks, and Trading Counterparts/Brokers, Separate accounts
- Participate in strategic initiatives
- Proficient in the financial industry in particular Fixed Income, Equity, Privates and Loan Instruments
- Preferably 2-4 years’ experience in asset management/fund industry including the loan syndicated market
- Strong performer in a high pace environment with high volume and high risk transactions with a low tolerance for error
- Able to work independently or in a team environment and proactively assume additional responsibilities
- Able to work in a dynamic team environment with diverse approaches and thinking styles
- Highly proficient in Excel and MS application skills
- Technology focused with a “think outside the box” mentality
- Knowledge of trading instruments and the settlement mechanics
- Financial degree required
21
Loan Closer Resume Examples & Samples
- Bachelor's Degree in finance or related discipline
- 2+ years of financial services/securities industry managerial experience in operations and/or loan operations
- Experience working for either a prime broker, banks, administrator or hedge fund
- Understanding of syndicated loans, including trade closings - LSTA market settlement conventions
- Knowledge of Credit Agreements and their operational mechanics
- Solid client relationship management skills
- Knowledge of ClearPar, WSO, and Advent Geneva experience
22
Bank Loan Closer Resume Examples & Samples
- Support the settlement process of primary loan syndications and secondary loan trades, including funding and documentation matters
- Significant interaction with senior management, SS&C GlobeOp clients, their trading counterparties, agent banks, custodians, trustees and other SS&C GlobeOp departments (i.e.: fund accounting, operations, OTC operations and OTC Pricing) relative to loan setttlements
- Participate in the daily/weekly preparation and review of reports, metrics provided to our clients, senior managers to highlight status of trades and risks
- Bachelors degree in finance or related discipline
23
Loan Closer Resume Examples & Samples
- Strong office administration skills
- Background in Commercial Lending/Finance or relative work experience in a mortgage business is strongly preferred
- A minimum of 1-3 years of closing experience is preferred, but not required
- Working knowledge of mortgage loan document types required for closing and servicing of loans as well as Commercial Loan documentation experience is preferred, but not required
- Strong organizational skills required with the ability to multi-task and work independently in a time sensitive environment where meeting established deadlines are critical
24
Loan Closer, Citimortgage Resume Examples & Samples
- Work in a team environment to close loans and support the necessary team functions
- Responsible for validating closing conditions have been met and for inputting loan information into LPM so the loan documents may be prepared with proper escrow information and fees (within investor / regulatory guidelines)
- Mathematical skills necessary to perform pricing calculations and funding worksheets
- Team oriented with strong abilities to communicate effectively via telephone and written correspondence
- Specialized knowledge of state specific regulations and practices, product parameters, predications/conditions
25
Home Lending Loan Closer Resume Examples & Samples
- Ensure mortgage loan files meet clear to close requirements, all prior to document
- May assist with coaching, mentoring, or training others; teaching coursework as a
- 5 years previous loan closing experience and strong knowledge of mortgage banking
26
Loan Closer Resume Examples & Samples
- Forward Loan Closer
- Preparing Closing Disclosures for approval
- Delivery to the mortgage loan borrower prior to closing
- Familiar with TRID rules pertaining to closing
- Ability to prepare closing documents
27
Loan Closer Resume Examples & Samples
- Review all pre-closing requirements such as contracts, hazard insurance, flood certifications, and Mortgage Insurance certifications
- Inputs required closing data in Empower
- They draw and release closing documents to the Title company
- They review pre-audit and closing conditions and clear all closing conditions and then authorize the funding of the loan
- They review all completed and signed closing documents
28
Loan Closer Resume Examples & Samples
- Work closely with processor, CalAtlantic Title and CalAtlantic Homes to verify the accuracy of closing documents and to ensure timely closings
- Prepare, review and transmit closing documents within 48 hours of receipt of loan files
- Collect all outstanding loan conditions and closing conditions
- Fund loans upon completion of loan conditions
- Analyze Disclosure Settlement statements (formerly the HUD-1) for accuracy
- Ensure documents are transmitted to title companies, as needed
- Ensure compliance with all investor and underwriting requirements
- Maintain effective communication with all parties
- Respond to questions and funding calls in a timely manner
- Maintain an accurate monthly balancing and closing
- Transmit daily wires as necessary
- Communicate with attorneys as necessary
- High school education or equivalent; some college preferred
- 1-2 years of industry experience to include closing, post closing, processing
- Strong computer skills (Encompass preferred)
- Understanding of state specific guidelines
- Ability to manage heavy workloads
- Strong, proven customer service skills
- Great attention to detail and demonstrated ability to ensure accuracy
- Follow up and organizational skills
29
Loan Closer Resume Examples & Samples
- Close secondary market and portfolio loans
- Verifies that all documents contained in the loan file indicate the same name & address for each borrower. Verifies information contained on the interest rate lock sheet matches the information indicated in the loan operating system
- Follows underwriting instruction on obtaining and verifying documentation needed at closing to approve loans for funding
- Prepares closing packages according to product type, lock information and underwriting approval. Verifies loan amount, interest rate, closing date, all fees agree with the loan officer closing instructions and all regulations related to maximum loan fees, minimum borrower investment and good faith estimates have been met. Enters in all information required in closing documents preparation software. Including but not limited to flood cert information, insurance, tax and mortgage insurance. Prepares closing instructions with fees according to information provided by loan officer on closing fee sheet
- Checks all applicable documents in file for accuracy and consistency
- Provides all closing conditions and closing requirements to the closing agent
- Review and approves HUD-1 settlement statements prepared by closing agents, informs closing agents of any needed corrections. Verifies that all fees included on the HUD-1 prepared by the closing agent are correct
- Prepares funding sheets and orders funding checks or wires in timely manner for net funding amount sent to the closing agent on the correct funding date & confirms with closing agent once funds have been wired
- Review hazard, title commitment and any other applicable insurance for accuracy and sufficient coverage
- Receives executed HUD-1 and Closing Confirmation Sheet from closing agent and imports them into the loan file before forwarding to Post Closing Department
- Works with Post Closing and shipping Department to make corrections and obtain documentation needed to ensure loan purchase in timely manner
- Works closely with all mortgage operations staff, closing agents and loan officers to guaranty a smooth closing, answer questions and solve problems
- Organizational skills with ability to prioritize and manage multiple tasks at the same time
- 16 Honesty and integrity in dealing with others and accountability in standing behind your work
- High School Diploma or GED equivalent required, some college preferred; B.S. Degree desired
- Proficient skills with MS Office, Excel and Mortgage Industry Loan Applications/Software. Encompass 360 Software
- Minimum of 1 year work experience in mortgage loan support or processing; 3 years’ work experience in mortgage loan industry preferred
- Excellent customer service skills; written and oral communication skills and ability to demonstrate control, flexibility and maintain quality and high productivity when dealing with customers and changing work demand
- Must be detail-oriented, organized with excellent vocal and written communication skills. Strong math and calculation skills required
- Must have ability to multi-task and operate in a high-volume, fast-paced environment
- Knowledge of all compliance, loan disclosure, 3-day rule, 7-day rule and TIL. Knowledge of all Federal and State regulatory compliance requirements that apply required
- Multiple language skills are a plus
30
Loan Closer Resume Examples & Samples
- Review and approves Closing Disclosure, informs closing agents of any needed corrections. Verifies that all fees included on the Closing Disclosure prepared by the closer are correct
- Requests wire from designated funder
- Prepares funding checklist for reviewer
- Responsibility includes but is not limited to: answer questions, review files, audit files, taking over files in a closer’s absence, training, preparing procedures/processes, and assist with post-closing
- Minimum of one (1) year of recent work experience in mortgage loan support, processing, or closing. Three (3) years’ work experience in mortgage loan industry preferred
31
Loan Closer Resume Examples & Samples
- Ensure necessary documentation is obtained and reviewed prior to closing/disbursing
- Review and clear all underwriting stipulations in an efficient, accurate and time-sensitive manner
- Adhere to all State, Federal, and organizational regulations and guidelines
- Enter loan applications into the data processing systems and track the loan progress as needed
- Assure accurate, timely, and efficient support of the Financial Service Representatives through a cooperative effort
- Open, close and process accounts and services generated by Financial Service Representatives in a back office capacity
- Responsible for compliance with the Fair and Accurate Credit Transactions Act (FACTA), the Bank Secrecy Act (BSA) and the Anti-Money Laundering Act, including monitoring for any illegal activity as it applies to this position
- High School diploma or equivalent work experience
- 2-4 years experience
- Experience with online data processing preferred
- Extensive knowledge of real estate documentation requirements and the closing process
- Proven computer skills
- Demonstrated teamwork and customer service skills
32
Senior Trade / Loan Closer Resume Examples & Samples
- Responsible for the review and approval of deals according to the credit agreements and related documentation
- Responsible for management of Syndicated loan processing, including funding responsibilities and lender process
- Accountable for the processing of Distressed Loan Products
- Responsible for TRS booking and reconciliation process between LIQ, Sentry and Clearpar
- Understand business accounting structure and P&L impact
- Accountable for closing of the Primary, Secondary and Third party trades
- Responsible for tax compliance for each lender
- Responsible for the creating the Syndicated and bilateral deal structures in Loan IQ; including amending existing deal structures
- Trouble-shooting Loan IQ functional problems/issues
- Assist manager with projects
- Perform other job-related duties as assigned
- Responsible for the accuracy and review of Assignment agreements prior providing sign-off approval
- Responsible for establishing and coordinating assignment closing dates with counterparties
- Determining if documents are in line with deal structure
- Knowledge of Total Return SWAPS ( TRS)
- Expert knowledge of LIQ, Clearpar and Sentry
- Knowledge of LSTA and LMA
33
Mort Loan Closer Resume Examples & Samples
- Answer incoming phone calls and answer customer questions regarding mortgage loans in general or specific to a borrower's loan in closing. This duty is performed daily, about 15% of the time
- Close mortgage loans which includes sending closing instructions, coordinating with the title company and customer to schedule closing, balancing the Closing Disclosure, preparing closing documents and funding the loan. This duty is performed daily, about 40% of the time
- Correspond with customer, real estate agents, appraisers, and title companies as needed, to obtain information necessary to getting the mortgage loan ready to close. This duty is performed daily, about 15% of the time
- Preparing of month end reports to various bank and regulatory agencies. Work directly with the Mortgage Loan Officer to ensure the utmost in customer service. This duty is performed daily, about 10% of the time
- Refer customers to other bank personnel as needed. This duty is performed daily, about 5% of the time
- Data entry to Bankway in balancing daily general ledger accounts to Closing Disclosure. This duty is performed daily, about 5% of the time
- Identify Cross selling opportunities. This duty is performed daily, about 5% of the time
- Completes required BSA/AML training and other compliance training as assigned. This duty is performed as needed, about 5% of the time
- 1 year hands on experience closing Conventional, FHA, VA, RD, and ADFA loans preferred
- 1 year experience with Encompass Anywhere preferred
- 2+ year experience using personal computers
- Ability to sit for long periods
- Be able to lift 15 lbs
34
Loan Closer Resume Examples & Samples
- Prepare closing documents and review files and title binder prior to closing to confirm accuracy, completeness, and contingencies
- Deposit checks and disburse refund checks after closing and complete disbursement log
- At least 1 year of experience closing loans
- Operate office equipment (i.e., telephone, typewriter, calculator, computer, copier and fax machine)
35
Loan Closer Resume Examples & Samples
- Reviews Survey & Title Commitments for liens/judgments/easements
- Prepares loan closing documents
- Accurately records all required information into Encompass/IDS doc prep system
- Reviews/Approves HUD-1 within 1 hour of receipt
- Orders wire upon HUD-1 approval/balance wire (when necessary)
- Knowledge of High Cost, FNMA 5%, HOEPA, HPML test
- Strong working knowledge of RESPA/2010 GFE
- Working knowledge of MDIA/TILA
- Promptly responds to general closing questions from branches, Closing Manager, Post Closing, Title Agents and or Accounting
- Performs any task necessary in the absence/over flow of other Closers within the department, as needed
- Assists in training new employees within the Closing Department, as needed
- Maintains a professional image and adheres to standards consistent with company
- Policies and procedures
36
SBA Loan Closer Resume Examples & Samples
- Good understanding of Title Reports, Searches, Insurance, Mortgage, UCC, and lease documentation
- Proficient with file management, spreadsheet, word processing, database and PDF software
- Strong organizational, verbal and written communication skills
- Ability to establish and maintain effective business relationships
- Ability to manage a large volume loan queue
- SBA experience preferred
37
Loan Closer Resume Examples & Samples
- High School plus additional specialized business courses
- Over 3 years previous experience or demonstrated ability
- Knowledge of all forms and documents for loan closing
- 2 or more years experience with FHA and VA loans
- Knowledge of office routines such as elementary accounting procedures, operation of the following equipment: typewriter, adding machine, calculator, on-line computer terminal and personal computer
- Knowledge of federal and state laws and regulations relating to real estate lending
- Prepare loans for closing by composing and preparing commitment letters, loan security documents, shipping documents, calculating pro-rated taxes and annual percentage rates, and ordering title reports
- Record loan information for regulatory reports
- Arrange pay off of property liens and prepare disbursement checks
- Review completed loan files to assure they are closed properly
- Perform secretarial services such as transcribing and typing correspondence and filing
38
Bank Loan Closer Resume Examples & Samples
- Support the settlement process of primary loan syndications and secondary loan trades, including all funding and documentation matters
- Significant interaction with senior management, SS&C GlobeOp clients, their trading counterparties, agent banks, custodians, trustees and other SS&C GlobeOp departments relative to loan settlements
- Investigate and resolve closing and transactional breaks/issues in a timely manner
- Participate in the daily/weekly preparation and review of trade status and risk reports and metrics provided to our clients and senior managers
- Bachelors degree in Finance or related discipline
- 2+ years financial services industry experience in Loan Closing/Operations working for a bank, hedge fund, administrator, or prime broker
- Understanding of syndicated loans including trade closing mechanics and economics, LSTA market settlement conventions, Credit Agreements and their operational mechanics (i.e. funds flows, ticking fees, paydowns, drawdowns, etc.)
- Proven ability to work under pressure and meet deadlines
39
Senior Loan Closer Resume Examples & Samples
- Close and administrate all types of construction loans, including processing monthly construction draw requests. Close affordable housing loans and bond related financing, Fannie Mae, portfolio, life insurance and conduit loans
- Review surveys, title reports and exception documents, entity documentation, including LIHTC documentation, UCC financing statements, insurance documents, loan approvals, budget documentation, AIA documents, construction due diligence documentation and escrow closing statements to determine loan is closed in compliance with HomeStreet policies and procedures, Investor requirements and loan approval closing conditions. Authorize closing and initial funding
- Prepare commitment letters, loan documents, escrow, title and recording instructions, assumption agreements, UCC financing statements, closing checklists, request letters and instructions, loan packages for investors and loan servicing packages to transfer loans to servicing area. Demonstrate excellent judgment in determining acceptability of checklist items and conditions
- Prepare reserve worksheets and determine amounts of monthly tax and insurance reserves and establish reserve accounts. Prepare closing/settlement statements, process deposits, authorize payment of loan related third party expenses, receive and send wire transfers
- Provide monthly construction draw analysis, reconciliation and disbursement. Take necessary action on change orders, sufficiency of funds, liens, set asides, etc. Set-up and maintain ticklers on TCL loan system
- Prepare rate lock worksheets and facilitate rate lock process with borrower, loan officer and investor or MBS purchaser in accordance with underwriting conditions and requirements
- Proactively coordinate handoff meetings and other meetings with HomeStreet Capital team members to assure seamless transitions throughout loan process, transition of loan to Servicing, and to facilitate change and efficiency. Continuously review processes and procedures for areas of improvement
- Work closely with HomeStreet Capital team, loan officer, borrower, attorneys, title and escrow companies, and other lender’s staff and attorneys to assure well-coordinated and timely loan closing meeting Borrower’s closing deadlines. Coordinate review of loan documents by lender’s counsel, borrower and borrower’s counsel. Coordinate receipt and review of Borrower’s counsel opinions, as needed
- Prepare, maintain and ensure completion of loan origination files including accounting ledgers and upload of required documentation to On Base
- Maintain thorough knowledge of HomeStreet Capital’s policies and procedures for loan closing and of Fannie Mae’s and other investors’ guides and requirements for closing and delivery. Maintain thorough and up-to-date knowledge of commercial real estate documents and real estate law
- Assist HomeStreet Capital team in structuring complex financing arrangements and determining mechanisms for loan administration
40
Assistant VP Senior Loan Closer Resume Examples & Samples
- The position manages the closing and documentation of complex commercial transactions independently. Individuals in the position are expected to identify and mitigate risk, offer solutions to complex issues and provide a high level of service to our customers. The position develops and presents solutions for approval to credit, the business or servicing as needed. The position must be able to manage multiple parties and their expectations as well as handle a minimum number of transactions at any given time
- Minimum of eight years proven and progressive commercial loan closing experience with a bank or other financial institution, including experience closing commercial syndicated, construction and/or portfolio loans as well as experience with secondary market or equivalent
- Strong communications, analytical, decision-making, organizational, follow-up and customer service skills
- Ability to make decisions or scope solutions independently leveraging attorneys, business partners and other resources to provide efficient and appropriate solutions to issues as they arise
- Strong knowledge of commercial lending practices and products including commercial real estate, risk management and pertinent federal, state and local laws
- Ability to evaluate, assess and mitigate risk inherent to closing process as well as ensuring adherence to banking regulations and policies and procedures while recognizing the unique, individualized nature of each transaction and product, particularly syndications
41
Wholesale Loan Closer Resume Examples & Samples
- Ensure loans close in accordance with Underwriter’s approval and NPF’s policies and procedures
- Assist in resolving issues at closing
- Prepare collateral files to Funding within required timeframes
- Review post-closing packages for accuracy and completeness
- Meet performance requirements for volume, quality and timeliness
- Proficient with Microsoft Office
42
Loan Closer Resume Examples & Samples
- Prepares closing documents; HUD Settlement Statements; Regulation required documentation
- Forwards documents to appropriate Title Company
- Reviewing and approving Final Settlement Statements
- Disburses loan
- Forwards file to Post Closing Department
- Proficient in E3 and BlitzDocs
- Understanding of paperless file systems
- Working knowledge of MS Office Suite Products
- Must be flexible to change and fast paced environment
- Effective listening, verbal and written communication skills
- Knowledge of all loan types and the associated documentation that pertains to each
43
Consumer Loan Closer Resume Examples & Samples
- Prefer: 2 year degree in Business, Finance or Accounting
- Previous loan servicing experience or banking experience
- Good overall PC skills including spreadsheet and word processing
- Competent skills using Microsoft Excel, Word, Access and Outlook
- Multi-task oriented
- Ability to work in a fast paced environment while maintaining accuracy
- Familiarity of real estate lending documentation and processes
44
Senior Loan Closer Resume Examples & Samples
- Minimum 2 years mortgage Closing or Post- Closing experience is required!
- Team oriented with ability to interact within and outside of the organization
- Able to handle multiple priorities and meet deadlines with quality in a fast-paced environment
45
Wholesale Junior Loan Closer Resume Examples & Samples
- Prepare legal documents according to state and/or federal regulations
- Work with title companies on loan scheduling, document delivery, final sign-off of HUD-1
- Cure deficiencies
- Assist other departments as needed
- Minimum High School Diploma or equivalent
46
Loan Closer Resume Examples & Samples
- Coordinate all aspects of loan closings including but not limited to the following
- Provide outside counsel with timely receipt of required information to prepare closing documents
- Work closely with counsel to prepare and review all necessary loan documents
- Review title and survey comments prepared by counsel and follow up if required; and
- Obtain all necessary documentation for the completion of a closing statement as well as obtain backup documentation for the processing of an initial draw for HUD transactions
- Must have the ability to fully comprehend and interpret Underwriter’s Narrative and Loan Analysis to appropriately communicate issues to investors, as well as translate conditions into JLL’s Loan Commitment
- Must have a complete understand of the lenders programs and make any necessary judgment calls before or at closing to ensure a successful closing
- Arrange loan fundings which includes ordering of warehouse funds from appropriate warehouse lender
- Review and track all Lender and Investor commitments. Notify all parties of any changes that are needed
- Issue JLL’s loan commitments and confirmations
- Lead the team to a successful delivery of all loan delivery packages with input from both Underwriting team and outside counsel
- Work directly with the various agencies to securitize and provide necessary closing documentation post-closing to finalize the mortgage-backed security to the investor
- Deliver permanent loan files to servicing, construction servicing and asset management departments. Field necessary questions from the transition of the loan closing to the servicing department, whether permanent servicing or construction servicing
- Ability to make loan closing decisions with attorney under high pressure situations
- Ability to work independently and lead the team to a successful closing
- Ability to travel as and if required
- Other duties as deemed necessary and assigned by management
- Undergraduate degree in a business related field (i.e. Finance, Accounting, Real Estate, Business)
- 3+ years closing Conventional and FHA loan programs
- Knowledge of Microsoft office (Word, Excel, Outlook, Access)
- Knowledge of Various Investor Programs
- Willingness and ability to learn new technology
- Ability to work independently, unsupervised, and as a team player
- Excellent interpersonal, communication, problem-solving and organization skills
- Ability to multi-task, especially in stressful situations
47
Loan Closer Resume Examples & Samples
- Review imaged file for accuracy, naming conventions, absence of duplicates, documents in correct order and viewable
- Verify certain information within the loan file: property address, earliest closing date, property type, lock expiration date, NMLS information for loan officer and mortgage broker, underwriting approval notice, flood cert and any other pertinent information individual to the file
- Ensure all fees are compliant per the disclosures within the file, loan product, etc
- Create an accurate and high-quality loan closing package through data input in SGM’s LOS system and any other document preparation system used
- Review of documents, including but not limited to: Closing Protection Letter, Title Commitment, Homeowner’s Insurance Declaration Page and invoices for various services (credit report, appraisal, etc.)
- Reconcile Loan and Lock information for accuracy with the LOS system. Report discrepancies or changes to the appropriate department
- Input figures to create borrowers escrow/impound accounts; considering number of months needed, appropriate monthly payment and the aggregate accounting calculation
- Upload information as needed to the appropriate document preparation system
- Review and resolve any audit issues created by the document preparation system
- Review closing package prior to sending to settlement agent
- Update the LOS system statuses and create any notes needed within system
- High school diploma required; some college preferred
- Minimum one year mortgage industry experience in Closing, Compliance, or Funding required
- Excellent data input skills
- Ability to proficiently use Microsoft Office software, including Outlook, Word, and Excel
- Ability to make independent decisions using sound judgment
- Ability to work in a Customer service driven environment
- Ability to be exceptionally responsive to client issues and concerns
- Ability and desire to take ownership of files and file resolutions
- Solid written and verbal communication skills
- Desire to take personal responsibility to complete tasks and solve problems
- Ability to perform tasks and complete projects with minimal supervision
- Desire to have a basic understanding of the mortgage process/industry
48
Alcentra, Senior Loan Closer Resume Examples & Samples
- Reviewing and processing Loan documents for both LMA and LSTA Par and Distressed closings. To include, Confidentiality Agreements, Trade Confirms, Assignment Agreements, Proceeds letters, Participation Agreements and Multilateral Agreements
- Liaising with counterparts and managing cash levels to coordinate settlement
- Reviewing and understanding Credit Agreements and performing Due Diligence to ensure compliance with Fund specific Eligibility Criteria
- Identifying and escalating issues to traders, internal and external legal counsel and management when required
- Assisting where necessary with loan and bond maintenance to include, but not limited to, rollovers, repayments, PIK, restructures and coupon processing
- Providing assistance in the setup of new funds; collating and distributing KYC, reviewing Warehousing Agreements, setup on internal and external systems, etc
- Some exposure to regulatory requirements such as FATCA, CRS, EMIR, MIFIDII, VOLCKER and any other regulations deemed relevant to the company
- LI-DB2 EFC:EMEA.AM
- Loan closing experience
- Reliable, personable and hardworking
- Detail orientated individual that can multitask efficiently under pressure and in a fast paced environment
- Previous knowledge of Clearpar and WSO
49
Wholesale Loan Closer Resume Examples & Samples
- Reviewing HUDs
- Must have current knowledge of RESPA and TILA guidelines
- Must have experience preparing mortgage closing documents for Conventional, VA and FHA loan programs
- Must maintain a high level of productivity while not sacrificing quality
- Review Case Number Assignment, Title Commitments, Insurance Policies, PMI Certification and all loan documents for accuracy. Closer must review each file for completeness and accuracy to ensure compliance with underwriting, government, investor and company requirements
- Maintain open lines of communication with all parties to obtain loan status information. Provide timely communications regarding closing status as appropriate
- Ensure all loans are closed in strict accordance with all guidelines
- Understand and adhere to all existing and/or changes to internal or external guidelines, processes and procedures as soon as they are implemented
- Responsible for preparing and verifying final figures
- Coordinating closings with title companies
- Calculate Payoffs
50
Transaction Loan Closer Resume Examples & Samples
- Coordinate the closing of loans which are converting from construction to permanent financing
- Work closely with deal team members from Underwriting, Asset Management, Construction Risk, Legal Counsel and other teams throughout the closing and approval process
- Organize deal team meetings to discuss timeline, funds flow, and equity partners on the deal
- Coordinate Due Diligence calls with Client and track open items to ensure underwriting has met all the requirements to convert, as well as other conditions are satisfied prior to closing
- Display a strong understanding of policies and procedures
- Review deal summaries and legal documents to ensure the risk profile and deal structure are consistent and accurate across all systems and tracking tools
- Book the transaction in various loan servicing and trade capture systems which feed books and records
- Prepare settlement statements, calculate impounds and reconcile deal-related fees and expenses
- Review core legal documentation for economic terms, conditions, and servicing requirements
- Prepare delivery packages for servicer
- Candidate is required to have a BA/BS. A minimum of 3 years experience in real estate industry/loan administration or equivalent role is preferred. Previous closing experience with affordable multifamily deals preferred
- Individual must have excellent communication, organizational and interpersonal skills, and ability to multi-task and work effectively under tight deadlines
- Energetic individual who shows initiatives, is a team player, and has a positive attitude to change
- Ease with learning new systems/applications required. Demonstrates good excel skills, Quick learner and ability to work with minimal direct supervision
- Highly-effective influencing skills; the ability to be coordinate internal meetings with several parties (Underwriting, Legal, Compliance, Risk, etc.) to gather information and meet conversion conditions
- Knowledge of commercial real estate legal documentation is a plus
51
Loan Closer Resume Examples & Samples
- Coordinate, analyze and manage new construction loan closings for affordable multifamily developments throughout the United States
- Responsible for the overall sources and uses as well as analyze the availability of the flow of funds as it relates the construction timeline for new and rehab construction from closing through conversion
- Review deal structure and complex capital stacks sources for a project including the nuances of the restrictions and requirements for funding the project costs
- Review legal documentation for economic terms, conditions, and servicing requirements. Set up transactions summary for accounting and financial records
- Liaise with client on their initial closing draw; validate invoices pursuant to internal guidelines
- Prepare settlement statements and reconcile deal related fees and expenses
- Coordinate due diligence calls with clients and track completion of open items to ensure compliance and firm requirements are met prior to closing
- Internally interact with the bankers, underwriters, legal, credit and engineering risk
- Prepare post-closing summaries and hand off for servicing and documentation
- Display strong understanding of policies and procedures
- Individual must have excellent communication, organizational and interpersonal skills, as well as the ability to work under tight deadlines, manage priorities for loan closings
- Candidate is required to have a BA/BS
- Candidate is required to have at least 7 years construction loan management or underwriting experience, preferably in the affordable housing industry
- Candidate has quantitative skills with a high proficiency with Excel and other Microsoft Office based programs
- Familiarity with affordable housing projects and the typical debt and equity parties preferred
- Paralegal is desirable but not required
52
European Middle Market Loan Closer Resume Examples & Samples
- Manage internal constituencies (credit research, legal and compliance, tax, fund an investment operations etc.) to ensure accurate and timely closing of transactions
- Assist with pipeline reporting, internal data analytics and other compliance checks throughout the investment process
- Assist with currency hedging and bridge facility processes
- Prepare client reporting and ensure timely delivery
- Manage valuation process in liaison with the portfolio management team, COO team, credit research analysts, pricing team, valuation committee and external valuation advisor
- Knowledge of loan closing and documentation used
- Knowledge of the LMA standard documentation
- Strong organisational and project management skills
- Numerate, responsive with high attention to detail
- Motivated team player and flexible in approach with ability to work independently
- Ability to prioritise, working to tight deadlines and flexible to meet workload
- Keen to question, challenge and improve
- A methodical thinker able to resolve complex issues on a daily basis
- Strong academic background
- Must be fluent in English; other European languages skills considered a plus
53
Cres Loan Closer Senior Resume Examples & Samples
- Sets up loan funding calculations. Balances closing figures with the title company and prepare closing documents in accordance with FHLMC, FNMA, FHA, VA, RD and bond guidelines. Prepares checks or wires and balance cash reconciliation statement in accordance with corporate guidelines
- Determines and prepares the appropriate loan documents needed to satisfy internal, external and regulatory requirements in accordance with loan program. Works with lending institutions and customers to clear various title problems, such as liens, lawsuits, and judgments
- Coordinates and communicates commitment periods, loan terms, conditions, and funding and recording dates to escrow
- Maintains tickler and status file on all assigned files to monitor and track appropriate documentation requirements
- Ensures that all Bank assets related to the loan closing function are properly safeguarded against errors, omissions, regulatory criticism or potential loss
- Interfaces with Branch Officers, HMC's, Escrow Officers, Title Officers, and Insurance Agents
- Resolves customer complaints ensuring customer services standards are met and that resolutions are in accordance with Bank policies, procedures and guidelines and are done in an accurate and timely manner
- Monitors the process flow and proactively assures timely completion of the file. Works with the team members on file flow, reviews reports, coordinates training
- Associate’s Degree in Business-related college coursework preferred - Preferred
- 5+ years mortgage processing/closing or related experience FHA/VA experience required
- Demonstrated customer service skills
- Demonstrated math and analysis skills
54
Loan Closer Resume Examples & Samples
- Be responsible for completing all due diligence associated with the satisfaction of approval and collateral lien perfection conditions prior to the preparation of loan closing documents, including requesting, reviewing, and critical interpretation of all third-party documents needed to issue the clear to close for both real estate and non-real estate secured loans
- Interpret third-party documents which consist of, but are not limited to, the following: real estate appraisals, valuation services, environmental reports, flood determinations, UCC searches, title searches or commitments, insurance documents, surveys, and other documents as required
- Perform all loan closing tasks and pro-actively interact with sales, portfolio management, underwriting, document preparation, third-party vendors (i.e., title companies, insurance agency, etc.) and bank customers
- Effectively communicate with all parties, including field personnel and/or customers to expedite the request for loan documentation while meeting underwriting, bank policy, compliance, and regulatory requirements
- Perform other duties assigned
- Requires a High School degree or Equivalent and 2+ years of loan processing, closing, or other directly related experience
- Proficient knowledge of loan closing processes and procedures, lending compliance and regulations, loan systems, and loan documentation
- Must be accurate, detail oriented, and have ability to multi-task
- Must have good problem resolution, audit, customer service (direct customer contact) and communication skills
- Working knowledge of loan principles and loan systems
- Solid computer skills including various word processing and spreadsheet software
55
Cres Loan Closer Team Lead Resume Examples & Samples
- Reviews and verifies accuracy of file documentation by Closers, and enters all document preparation information into the computer system. Verification processes includes: verifying correct vesting, legal description, and required title endorsements
- Reviews payoffs on existing loans, title commitments, surveys, and insurance information. Verifies accuracy, identifying potential issues and works to resolve those issues in a timely manner such as scheduling and balancing issues
- Interfaces with Branch Officers, HMC’s, Escrow Officers, Title Officers, and Insurance Agents
- Researches inquiries made by post closing and various outside agencies with respect to closed loans and reports to management any non-conformance to company policy
- Monitors and tracks closing volumes to report to management to make adjustments to workloads where necessary to ensure that maximum capacity is obtained in a timely fashion
- Ability to meet strict deadlines including balancing closing figures and preparing closing papers in accordance with FHLMC, FNMA, FHA, VA, RD, bond agency and Bank requirements
- Collaborates with manager to establish and communicate performance standards and objectives to all staff. Assists manager with performance reviews, audit reviews, staffing, sales reporting and training
- Directs and motivates team with training and development to achieve corporate goals and quality customer service
- Associate’s Degree in Business or Finance or equivalent combination of education and experience
- Years of functional/professional experience 5+ years of consumer loan processing experience with emphasis in document preparation, funding, and boarding preferred
- Years of supervisory or managerial experience 1 - 2 years of supervisory/lead experience in a high volume/production environment preferred
- Thorough knowledge of residential real estate loan products and related processing and underwriting procedures and requirements
- Thorough understanding and knowledge of lending documentation, internal loan processes and governmental regulations and requirements
- Expert customer service skills
56
Senior FHA Loan Closer Resume Examples & Samples
- A minimum of 2 or more years FHA experience
- Some knowledge of all FHA Loan Programs, Mortgage Loan Documents, Closing Requirements, and applicable Servicing Requirements
- Strong organizational skills with the ability to multi-task and work independently in a time sensitive environment where meeting established deadlines are critical
- Ability to understand and interpret legal contracts
- Strong interpersonal/customer service skills essential with the ability to create/build and maintain relationships with internal and external parties
- Personal Computer Skills (Advanced Excel, Access, Word, Microsoft Packages)
- Self-motivation and detail orientation
- Ability for occasional travel as needed
57
Consumer Loan Closer Resume Examples & Samples
- Previous loan processing, servicing, or banking experience
- Competent skills using Microsoft Excel, Word, and Outlook
- Familiarity with Microsoft Access
58
Secondary Settlements Loan Closer Resume Examples & Samples
- 1)Affirmation and Confirmation of loan trades
- 2) Coordinating with Legal, external counsel and clients to settle trades in a timely manner while minimizing exposure and risk per the current LSTA rules
- 3)Obtaining the appropriate consents from Borrowers, Agents, Issuing Banks
- 4) Coordinating funding and closing via vendor management daily
- 5) Respond promptly to inquiries from internal business partners and external clients
- 6) Proactively monitor and assist in the reconciliation of trade breaks and discrepancies
- 7)Managing a complex and diverse portfolio of distressed bank debt trades and private equity trades
- 8) Manage all bankruptcy distributions for the department
- 9) Liaise with counsel to coordinate loan closings and resolve issues for complex trades
- 10) Coordinate the restructuring of distressed loans and settlement of proceeds with Loan Administration
- 1) Extremely attentive to detail
- 2) Possess the ability to read and comprehend legal documents (Credit Agreements)
- 3) Must be able to multi-task and prioritize tasks
- 4) Excellent analytical skills
- 5) Strong organizational skills, concern for quality & accuracy
- 6) Professional and proactive approach to work
- 7) Ability to work well under pressure
59
Senior Commericial Loan Closer Resume Examples & Samples
- 5 + years of experience in commercial and commercial real estate loan closing requirements and processes with emphasis on attorney prepared loan documents
- A two-year college degree or completion of specialized courses of study at a business or trade school, or equivalent work experience, is required
- Ability to work on multiple projects/loans simultaneously, managing time and resources to ensure work is completed efficiently and within established timeframes
- Effective organizational, oral and written communication skills and attention to detail
- Thorough knowledge of Microsoft software, inclusive of Word and Excel
- Metavante experienced preferred
