Loan Closer I (US) -SPE & SME

0 - 2 years

3 Lacs

Posted:11 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Loan Closer I (US)

Job Profile Summary: The Loan Closer I provides support to Consumer and Mortgage Loan Processing through document preparation as it pertains to loan closings. The job works with closing agents to ensure necessary information is provided to complete the loan closing package. The Loan Closer I performs quality reviews and completes quality control analysis.

Depth & Scope:


  • Works under the direction of more experienced Closers and under supervision of management

  • Receives assistance from more experienced Closers or Manager with difficult questions and situations

  • Prepares legal, regulatory and custom closing documentation if applicable within established Company policies and procedures and applicable legal and regulatory guidelines

  • Reviews loan documentation prior to sending documents to closing agents to ensure completeness, accuracy and compliance to state and federal lending regulations, consulting with more experienced staff as necessary to clarify or interpret regulations

  • Works with closing agents to ensure necessary information is provided to complete loan closing packages while maintaining positive business relationships

  • Provides support as needed to the Processing staff

  • Ensures all necessary documentation is in the loan file

  • Answers phones to assist internal and external customers


Education & Experience:


  • High School Diploma or GED

  • Entry Level Position

  • Basic knowledge of applicable lending practices helpful

  • Basic ability to understand and ability apply processing procedures and processes

  • Detail orientated with ability to audit and correct procedural errors

  • Ability to maintain positive business relationships with partners, customers and agents

  • Ability to handle heavy workload and meet stringent deadlines

  • Good oral and written communication skills

  • PC skills

  • Working knowledge of the Banks loan products

  • Ability to interact effectively with internal customers

  • Excellent customer service skills

  • Availability to work a variable schedule which may include nights and/or weekends



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