POSITION DESCRIPTION

The Mortgage and Consumer Loan Closer is responsible for preparing, reviewing, and finalizing closing documents for residential mortgage loans, including consumer loan products. This role ensures all loan packages are accurate, compliant with investor and regulatory requirements, and ready for funding.

PRIMARY RESPONSIBILITIES

Closing & Document Preparation
Prepare and review closing disclosures (CDs) and closing packages for residential and consumer products.
Ensure accuracy of loan terms, fees, escrows, and compliance with program guidelines
Coordinate closing timelines with settlement agents, loan officers, and borrowers
Balance and finalize loan figures prior to closing
Compliance & Regulatory Oversight
Ensure compliance with TRID, RESPA, TILA, and agency-specific requirements
Review conditions to confirm loans are clear to close
Ensure proper documentation for insuring/guaranteeing government loans
Funding & Post-Closing Support
Authorize or coordinate loan funding once all conditions are satisfied
Review signed closing packages for completeness and accuracy
Clear funding conditions and deliver files to post-closing/secondary market

This position requires compliance with all mortgage regulatory requirements and Ascend Bank’s compliance policies related to these requirements including acceptable background check investigation results. Successful candidates must also meet ongoing regulatory requirements including additional screening and required reporting of certain incidents.

Digital Literacy

The ability to use data, information, and communication technologies to find, evaluate, create, and communicate information, requiring both cognitive and technical skills.

Information, data, and content
Teaching, learning and self-development
Communication, collaboration, and participation
Digital identity, safety, and security
Technical proficiency with all bank products
Awareness and interest in new technology
Creation, innovation, and research

KEY COMPETENCIES

Regulatory Compliance
Closing Accuracy & Efficiency
Pipeline & Deadline Management
Risk Identification & Resolution

PERFORMANCE EXPECTATIONS

Deliver accurate, compliant closing packages with minimal revisions
Meet or exceed closing and funding timelines
Maintain low post-closing defect rates
Provide guidance and support to team members

EDUCATION REQUIRED A two-year college degree or completion of a specialized course of study at a business or trade school.

EXPEREINCE REQUIRED

3+ years of mortgage closing experience preferred
Strong knowledge of mortgage lending guidelines (conventional, FHA, VA, USDA)
Familiarity with loan origination systems
Understanding of compliance regulations and documentation standards

KNOWLEDGE & SKILLS

In-depth knowledge of TRID, RESPA, TILA, and mortgage closing regulations
Experience with LOS systems
Exceptional attention to detail and accuracy
Strong problem-solving and time management skills
Excellent communication and coordination abilities

*Compensation is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.

Position Wage Range $21.60-30.86

Benefits include medical, dental and vision insurance, 401(k) with employer match, paid time off, paid holidays and other fringe benefits. Note that specific benefit entitlements are dictated by the terms of the plan documents and may be changed at the sole discretion of the Company.

Ascend Bank is an equal opportunity employer and offers equal opportunity to all applicants for all positions without regard to race, color, religion, national origin, age, disability, and veteran status.

Applicants requiring reasonable accommodation in the application process should notify Human Resources.

Ascend Bank participates in E-Verify.

EOE/AA/M/F/D/V

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