LOAN CLOSER
Job Description
Loan Closer
Mortgage Lending | Banking
Reports to: Closing Supervisor
Summary of the Role
The Loan Closer is responsible for finalizing residential mortgage loans after approval, ensuring all documentation is complete, accurate, compliant, and ready for closing. This role serves as the primary coordinator between borrowers, loan officers, attorneys, and internal departments to facilitate timely closings, accurate funding, and an exceptional customer experience.
Key Responsibilities
- Review loan files for underwriting and documentation completeness and obtain any missing information required for closing
- Prepare and deliver mortgage commitment letters, title requests, and related closing documentation
- Review preliminary title materials, insurance documentation, tax information, and other closing requirements for accuracy
- Confirm all underwriting conditions have been satisfied prior to closing
- Coordinate closing schedules with borrowers, attorneys, loan officers, and internal stakeholders
- Prepare, deliver, and monitor Closing Disclosures in accordance with TRID requirements
- Perform quality control and peer reviews of Closing Disclosures and closing packages
- Prepare final closing packages, including notes, mortgages, disclosures, and related documents
- Ensure compliance with Bank policies, investor requirements, and federal and state regulations
- Calculate closing costs and coordinate timely funding and disbursement of loan proceeds
- Maintain closing pipeline reports and monitor rate lock and scheduled closing deadlines
- Participate in training, webinars, and professional development activities
- Perform additional duties as assigned
Skills
Mortgage Closing & Documentation Regulatory Compliance
TRID & Closing Disclosures Pipeline Management
Loan Processing & Coordination Attention to Detail
Time Management & Organization Customer Service
Communication & Collaboration Problem Solving
Qualifications
High school diploma or equivalent
One to two years of lending, mortgage, or related banking experience
Knowledge of mortgage closing processes, real estate transactions, and loan documentation
Understanding of TRID, mortgage disclosures, and regulatory requirements preferred
Strong analytical, organizational, and communication skills
Ability to manage multiple deadlines in a fast-paced environment
Proficiency in standard office software and banking systems
Ability to handle confidential customer and loan information with discretion
Why Join Us
Play a critical role in helping customers achieve homeownership while working with a collaborative team focused on accuracy, compliance, and exceptional service.
Work Environment & Physical Requirements
Primarily office-based role requiring extended periods of sitting, computer use, and document review. Occasional standing, walking, and lifting up to 10 pounds. Requires close visual attention to detailed documents and system data.
Equal Opportunity Employer
We are committed to creating an inclusive and diverse workplace. Employment decisions are based on qualifications, merit, and business needs without regard to any protected status.
