Benefits:
Dental insurance
Health insurance
Paid time off
Vision insurance
About the Job: We are seeking a Closing Coordinator to join our team. The Closing Coordinator will use loan origination software and templates to prepare mortgage loan documents that accurately represent the loan commitment and terms offered to the borrower. Depending upon the type of transaction, documents may include promissory notes, loan agreements, mortgages, guaranties, assignments, deeds, UCC filings, modifications, amendments etc. Completed document package must be accurate, timely, enforceable and must conform to both Bank policies and regulatory requirements. The ideal candidate is comfortable working in a fast-paced office environment, has excellent customer service skills, attention to detail, and can multitask and shift priorities as needed.
Responsibilities
Prepare loan documents upon receipt of request from the lender
Ensure that all required documents are provided to properly evidence the loan and perfect the bank's security interest
Work with Encompass360 software and other related programs to create documents; ensure the timely delivery of documents to lenders and others as directed.
Follow-up with lenders, legal counsel and others for missing items needed to create accurate loan documents, respond to questions concerning loan documentation from legal counsel, lenders and other staff members. Resolve differences and provide direction to others to facilitate the documentation process.
Provide support to peers in all facets of the department to perform routine tasks required to run the department and carry out daily various functions.
Review all work assignments for accuracy and completeness, answer questions and provide guidance.
Qualifications
Extensive knowledge of lending terminology and legal documents used in mortgage banking.
Experience in creating loan documents.
Ability to review title commitments and policies.
Ability to use strong interpersonal skills to clarify instructions from lenders, attorneys, and other bank representatives to resolve problems and correct discrepancies that negatively affect the production of loan documents that conform to bank policy.
Requirements:
1+ year(s) of mortgage loan doc prep experience, including knowledge of title and lender procedures, co-ops and CEMAs preferred.
Paralegal certification from an ABA approved school, or B.A. degree in a field related to law preferred.
Experience using ‘Encompass360’ mortgage software a plus.
Basic PC skills including Microsoft Word, Excel, Adobe Acrobat, etc.
Notaries or candidates willing to become a notary preferred.
Salary commensurate with experience. Paid time off for holidays, vacation and personal leave. Benefits include medical, dental and vision insurance plans.