Loan Closer

A Loan Closer is responsible for making sure TRID timing requirements are met ahead of the closing and ensuring the proper documents are prepared for the closing so that they can be signed by the borrower. Closers are expected to communicate effectively with Loan Officers and their borrowers to ensure a smooth closing process. They are also expected to assist borrowers through the closing process and help them understand what is expected of them to be able to successfully close on their loan.

• Communicate with the borrowers ahead of the closing to ensure their closing questions are answered and they are aware of the closing funds required as well as acceptable payment methods
• Prepare the closing packet to be sent to the Title/Settlement agent for the borrower’s signature
• Stay up to date on what documents are required for each loan product
• Ensure the correct documents are sent to the title company ahead of the closing
• Review each file ahead of preparing the closing documents to make sure any outstanding conditions will be met by or at the closing
• Prepare funding requirements that will be used by the Title company during the closing

JOB SKILL SET

EXPERIENCE AND QUALIFICATIONS