Loan Interviewers and Clerks jobs

Loan Processor Opener/Closer

Department: Loan Processing Department

Reports to: Retail Loan Processing & System Administration Officer

Supervises: None

Status: Full-Time / Non-exempt / Hybrid

Must already be authorized to work in the United States. Relocation is not provided.

Partners Bank is a rapidly growing community bank with operations in Maine and New Hampshire that has established superior service level expectations. We offer generous compensation and benefits while fostering opportunities for growth and flexible work schedules when appropriate.

Summary for the Loan Processor Opener/Closer:

Review loan files upfront for correct documentation for compliance quality and assign loan files.
Input and update loan data into the financial institution’s computer system for loan opening, processing and closings.
Final compliance loan review for all loan closings
Prepare all loan closing documents and reviews attorney prepared Loan Closing Disclosure.

Job Requirements for the Loan Processor Opener/Closer:

High school diploma or equivalent.
Two to five years of experience in loan processing/equivalent job experience
Successful completion of in-house training program or approved outside training program.
Good understanding of financial institution loan products and services.
Attention to detail and accuracy is essential.

Specific Job Functions for the Loan Processor Opener/Closer:

Responsible for timely preparation and delivery of loan opening and closing documents.

Maintain communication with settlement agents, loan officers, and underwriters to execute proper required delivery of documents for opening, processing and closing documents.
Provide administrative assistance to the loan underwriting staff, including updating loan data into the financial institution’s computers, and assembling of documentation for customer loans.
Adhere to CFPB changes regarding preparation and delivery of loan closing statement.
Ensure that loan files contain documents with proper signature, dates and other relevant data.
Use automated processing software to set up mortgage and equity loans to generate necessary loan disclosures.
Use office computer software for data input. Other activities to include ordering appraisals, titles and flood determinations.
Review and process conditions for loan officers.
Seek enhanced methods of delivery of closing documents such as utilizing e-disclosures.
Keep abreast of all new compliance regulations, policies and procedures.
Keep accurate HMDA data and check for entry errors – Residential files.
Assemble and verify accuracy of loan documentation.
Check documents for proper vesting, legal descriptions, closing dates and signatures.
Perform variety of clerical duties requiring knowledge of departmental procedures.
Preparation of real estate tax and insurance escrow documents for closing attorneys.
Assist with compliance audits to correct post closing errors.
Answers telephone inquiries and written inquiries concerning loan processing and information.
Generate Weekly/Monthly Mortgage Loans Reports on a rotation basis.

This Job Description for the Loan Processor Opener/Closer describes the essential functions and qualifications of the job described. It is not an exhaustive statement of all the duties, responsibilities, or qualifications of the job. This document is not intended to exclude modifications consistent with providing reasonable accommodations for a disability. This is not a contract.

Your signature will indicate that you have read this Job Description and understand the essential functions and qualifications for the job.

Our generous benefits are listed on our website: Partners.Bank/about/careers/

Loan Processor, Opener/Closer (Bank)/Req #1166

MORTGAGE LOAN CLOSER II

Loan Documentation I

Mortgage Loan Processor - Entry Level

Loan Support Specialist

Loan Production Specialist

Loan Servicing Specialist II

Commercial Loan Documentation Preparation Specialist

Mortgage Loan Processing Assistant

Loan Scanner, Multiple Locations

Loan Scanner, Multiple Locations

Consumer Loan Processor, Multiple Locations

Loan Scanner, Multiple Locations

Consumer Loan Processor, Multiple Locations

Consumer Loan Processor, Multiple Locations

Consumer Loan Processor, Multiple Locations

Loan Scanner, Multiple Locations

Bilingual Residential Mortgage Loan Processor

Mortgage Loan Processor (Home Equity)

Loan Processor, Opener/Closer (Bank)/Req #1166 at Partners Bank – Sanford, Maine

Explore Related Opportunities

About This Position

Scan to Apply

Job Location

Frequently asked questions about this position