What are the responsibilities and job description for the Loan Closer position at Iowa Bankers?
Job Description:
The Loan Closer plays a critical role in mortgage loan closures, overseeing full-service duties to ensure seamless transactions.
- Prepares and reviews closing document packages to meet underwriting, investor, and regulatory requirements.
- Addresses and resolves title objections prior to or at closing, guaranteeing compliance.
- Maintains effective communication with all parties involved, coordinating timely closings with bankers and stakeholders.
- Closely monitors contract dates and lock expiration deadlines to prevent delays.
- Verifies accurate accounting records by ensuring correct check setup and general ledger entries.
- Prioritizes workload for maximum efficiency and productivity.
Requirements:
Education: High school diploma or equivalent (GED).
Work Experience: One to two years of related experience and/or training; or an equivalent combination of education and experience.
Technology Skills: Proficiency in Word, Excel, DU, DO, LP, origination software, and basic internet skills.
Key Qualifications: Excellent communication skills, ability to prioritize tasks, work independently, willingness to learn and contribute, and adaptability in fast-paced and stressful environments.