What are the responsibilities and job description for the Loan Closing Analyst position at Chicago Title Insurance Company?
Overview
We are seeking a detail-oriented and knowledgeable Closer to join our dynamic team. The ideal candidate will play a critical role in the loan closing process, ensuring that all transactions are executed smoothly and in compliance with relevant regulations. This position requires a strong understanding of loan origination, processing, and underwriting, as well as familiarity with Fair Housing regulations and TILA.
Duties
- Review and finalize loan documents to ensure accuracy and compliance with applicable laws and regulations.
- Coordinate with loan officers, escrow agents, and other parties involved in the transaction to facilitate a seamless closing process.
- Verify that all conditions of the loan have been met prior to closing.
- Prepare closing statements and ensure all necessary documentation is completed and signed by the appropriate parties.
- Conduct final audits of loan files to confirm that all required documentation is present and accurate.
- Maintain communication with clients throughout the closing process to address any questions or concerns.
- Stay updated on changes in industry regulations, including Fair Housing regulations and TILA, to ensure compliance in all transactions.
Experience
- Previous experience as a Loan Officer or in a similar role within the banking or mortgage industry is preferred.
- Familiarity with loan processing, underwriting, escrow procedures, and contract management is essential.
- Strong mathematical skills for accurate calculations related to loans and interest rates.
- Excellent attention to detail and organizational skills to manage multiple transactions effectively.
- Ability to work collaboratively within a team environment while also being self-motivated.
If you are passionate about facilitating successful real estate transactions and possess the necessary skills and experience, we encourage you to apply for this exciting opportunity as a Closer.
Job Type: Full-time
Pay: $67,487.00 - $80,253.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Schedule:
- 8 hour shift
Ability to Commute:
- South Elgin, IL 60177 (Required)
Ability to Relocate:
- South Elgin, IL 60177: Relocate before starting work (Required)
Work Location: In person
Salary : $67,487 - $80,253
