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Mortgage Loan Closer
Position Type: Hourly, Non-Exempt
Department: Mortgage Operations
Reports To: Mortgage Compliance Manager
Position Summary
The Mortgage Loan Closer is responsible for preparing and executing accurate, compliant, and timely closing packages for residential mortgage loans. This role plays a critical part in the final stages of the loan process, coordinating with internal and external parties to facilitate successful closings. Working closely with the Mortgage Compliance Manager, the Mortgage Loan Closer ensures that all loan documentation meets investor and regulatory standards prior to funding.
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Key Responsibilities
路聽聽聽聽聽聽聽聽 Prepare closing documents in accordance with loan terms, investor guidelines, and applicable state and federal regulations
路聽聽聽聽聽聽聽聽 Review final loan documentation for completeness, accuracy, and compliance prior to closing
路聽聽聽聽聽聽聽聽 Confirm closing conditions have been met and coordinate funding requests with appropriate departments
路聽聽聽聽聽聽聽聽 Communicate with title companies, escrow agents, attorneys, and internal departments to confirm closing details and resolve issues
路聽聽聽聽聽聽聽聽 Ensure timely and compliant delivery of closing packages to appropriate parties
路聽聽聽聽聽聽聽聽 Maintain detailed records and update loan origination system with final closing status
路聽聽聽聽聽聽聽聽 Monitor workflow timelines to ensure closings are completed within designated schedules
- Maintain a pipeline of loans from initial closing disclosure through funding
- Maintain required company turn times and SLA鈥檚
- Prepare and send initial closing disclosures as requested
- Prepare and send any changes of circumstances disclosures on CD鈥檚 as necessary
- Work with title companies or settlement agents to balance necessary closing documents ensuring accuracy and quality of work
- Request wires timely for loans funding
- Review files against a checklist and provide authorization to release funds
路聽聽聽聽聽聽聽聽 Assist with post-closing and audit requests as needed
路聽聽聽聽聽聽聽聽 Stay informed of changes in lending regulations, investor requirements, and internal policy updates
路聽聽聽聽聽聽聽聽 Partner with the Mortgage Compliance Manager to address risk mitigation and ensure adherence to all regulatory expectations
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Required Qualifications:
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路聽聽聽聽聽聽聽聽 Bachelor鈥檚 degree or equivalent experience in mortgage lending or financial services
路聽聽聽聽聽聽聽聽 3+ years of experience in mortgage closing or a related role
路聽聽聽聽聽聽聽聽 Solid understanding of TRID, RESPA, and other applicable regulatory frameworks
路聽聽聽聽聽聽聽聽 Excellent organizational skills and attention to detail
路聽聽聽聽聽聽聽聽 Strong written and verbal communication abilities
路聽聽聽聽聽聽聽聽 Proficiency with loan origination systems and closing software
路聽聽聽聽聽聽聽聽 Ability to work independently and manage time effectively in a deadline-driven environment
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Equal Opportunity Statement: Texana Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, or any other protected status under applicable law.
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Texana Bank Mortgage
1680 Keller Pkwy
Keller, Texas 76248
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