Job Description

Loan Closing Coordinator

Responsibilities Include:

• Process Orientation & Adaptability
• Efficiently manage loan closing procedures, ensuring compliance and accuracy.
• Adapt to challenges and unforeseen obstacles, adjusting workflows as needed.
• Demonstrate proficiency in loan origination platforms and swiftly learn new systems.
• Attention to Detail
• Review loan documents meticulously to verify accuracy and compliance with regulatory standards.
• Cross-reference data to identify discrepancies and resolve any documentation errors.
• Communication & Collaboration
• Coordinate effectively with borrowers, lenders, attorneys, and title companies to facilitate smooth closings.
• Work within cross-functional teams to ensure clear and transparent communication throughout the loan process.
• Time Management & Prioritization
• Manage multiple loan files concurrently while meeting strict deadlines.
• Prioritize tasks strategically to optimize efficiency without compromising quality.
• Problem-Solving & Decision-Making
• Address and resolve complex issues related to loan documentation, title searches, and funding discrepancies.
• Make informed decisions when navigating conflicting priorities or challenging closing scenarios.
• Customer Service Mindset
• Provide excellent support to borrowers, addressing inquiries promptly and professionally.
• Handle escalations with a proactive approach, ensuring a positive borrower experience.
• Adaptability to Regulatory Changes
• Stay informed about evolving industry regulations, including TRID and RESPA guidelines.
• Implement necessary changes in loan closing procedures to comply with regulatory shifts.

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