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Loan Closer, Oak Ridge, NJ

Duties
As a Mortgage Loan Closer at Lakeland Bank you will be responsible for facilitating loan closings for the residential mortgage department. The responsibilities include coordinating closings and preparing closing documents in a timely manner while ensuring the loan is closed within company guidelines and investor requirements. The type of Loans you will be working with are conventional, FHA (both forward and reverse) and VA loans.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Review title work as received from the settlement agent
Request, obtain and review additional information that is needed from the settlement agent and that meets program and investor requirements in order for the loan to close
Coordinates and schedules loan closings and issues Notification of Scheduled Closing
Review proposed HUD-1 Settlement Statements and corrects with settlement agent, as necessary
Monitors high costs tests, TIL violations and RESPA violations including tolerance review of fees
Prepare closing packages in accordance with the Clearance to Close and investor requirements
Monitors the return of the closing package and audits the closing documents for accuracy and Closing Instructions; ships the package via imaging or paper file to the investor
Assigns the loan via MERS for MERS member investors
Resolves suspense items in order to have the loan purchases; processes funding for purchased loans
Review exception reports to ensure all tasks are completed and prioritized to ensure the loan is on target to meet closing requirements and investor delivery
Requirements
SKILLS REQUIRED
2 years related experience with mortgage closings
Detail oriented and well organized
Ability to multi task and work on several projects and files simultaneously
Ability to work in a fast-paced environment, handle multiple priorities
Strong problem solving skills
Works collaboratively across functional areas to achieve results. Resourceful, ability to reach out to business partners
Excellent communication skills, both written and verbal
Must be bondable
Come join the Lakeland Bank team... You'll love it here!
Preferred candidate will possess:
Working knowledge of Encompass
3 years previous mortgage closing experience
Employment Eligibility
All Lakeland Bank employees must be bondable. FBI background checks are required to confirm eligibility for bonding.
Note: A guilty plea or criminal conviction will not necessarily preclude employment at Lakeland Bank.
Scheduled Hours
40 hours per week, 8:30am - 5:00pm



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