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Mortgage Loan Closing Specialist

Lowell Five Bank

Tewksbury, MAJobSeen 6 days agoSeen in employer's feed 6 days ago

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At a glance

Compensation
No compensation found
Location
Tewksbury, MA
Work Authorization
Not specified

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Job overview

The Mortgage Loan Closing Specialist closes residential real estate loans and prepares Closing Disclosures. As part of a closing team, the specialist also approves settlement statements for commercial real estate loans and prepares closing documents, final figures, and funding requests. The role requires at least two years of mortgage loan closing experience and five days per week at the bank’s Tewksbury headquarters.

Skills & qualifications

RequiredNice to have

Skills

Mortgage Loan ClosingLegal Closing DocumentsTRID RegulationsLearning New SystemsMicrosoft OfficeFinastraEpic SystemsAttention to DetailOrganizational SkillsMultitaskingPrioritizationDeadline ManagementAdaptabilityRelationship BuildingTeamworkCommunicationCustomer ServiceInitiativeDependabilityIndependent Work

Qualifications

2 Years Mortgage Loan Closing Experience

Benefits

Tuition Assistance

Full job description

The Mortgage Loan Closing Specialist will be responsible for closing residential real estate loans and preparation of Closing Disclosures. In addition, as part of a closing team, approving settlement statements on commercial real estate loans, preparation of closing documents, final figures, and funding requests prior to loan closing.\ ABOUT LOWELL FIVE\ With $1.9 billion in assets, over 200 employees and 16 banking and lending locations throughout the Merrimack Valley and Southern New Hampshire, Lowell Five Bank is honored to play a vital role in the economic vitality of the region. Our employees are engaged in myriad community boards and organizations with the Banks support. We are proud of the longevity of our employees, and we are committed to finding new talent for our team. We offer career development and educational programs to support personal and professional growth along with a benefit package that supports each employees best life. For more information, please visit www.lowellfive.com.\ ESSENTIAL DUTIES AND RESPONSIBILITIES\ - Coordinates loan closings with attorneys when they are cleared to close.\ - Prepares Closing Disclosures in adherence to TRID guidelines and obtains acknowledgements in time for closing.\ - Prepares closing documents prior to closing and forwards them for attorneys review.\ - Prepares balance sheets, confirms disbursement amounts at closing.\ - Approves settlement statement, verifies the net funding amount, and prepares funding requests.\ - Prepares checklists for closed loan packages; notifies attorneys of errors and track receipts of corrected documents.\ - Perform other duties as assigned.\ REQUIREMENTS\ - Minimum of two years experience Mortgage Loan closing\ - Working knowledge of various legal closing documents and TRID regulations\ - Willingness and aptitude to learn new systems is required to support Bank growth and expansion of services; working knowledge of Microsoft Office is required and Finastra and/or Epic system(s) is preferred.\ - Detail-oriented with strong organizational skills.\ - Ability to multi-task, prioritize, and meet deadlines under variable conditions.\ - Flexibility and ability to adapt to change.\ - Ability to build and maintain relationships and work effectively with the team.\ - Strong communication and customer-service skills\ - High degree of initiative, dependability, and ability to work independently.\ - Must be willing and able to report to Headquarters in Tewksbury five full days a week\ Please email [email protected] for online employment application link.

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