What are the responsibilities and job description for the Loan Operations Specialist position at Iowa Bankers?
Job Description
The Loan Closer plays a pivotal role in the mortgage loan process, ensuring seamless closings that meet all requirements.
- Closing Package Preparation: Accurately prepare comprehensive closing document packages to comply with underwriting, investor, and regulatory standards.
- Title Objections Resolution: Address and resolve title objections prior to or at closing, guaranteeing satisfaction for all parties involved.
- Communication and Coordination: Effectively communicate with stakeholders, including timely coordination of closing dates with bankers to ensure contract adherence and lock expiration deadlines are met.
- Financial Accuracy: Verify accurate accounting records by setting up checks and general ledger entries correctly.
- Workload Management: Prioritize tasks efficiently to maximize productivity and achieve production goals.
Requirements:
- Education: High school diploma or equivalent (GED)
- Experience: One to two years of related experience and/or training; or an equivalent combination of education and experience.
- Skills: Proficient in Word, Excel, DU, DO, LP, origination software, and basic internet skills.
Essential Skills and Traits:
- Professional Communication: Effective communication skills, ability to prioritize multiple tasks, work independently, desire to learn and contribute, and adaptability in a fast-paced environment.
