Experience
2 yrs required
Location
Martinsville, VA, United States
Posted on
Sep 24, 2020
Profile
Commercial Loan Closer
The candidate will be responsible for the preparation of closing instructions and performing company procedures required to close, fund and board commercial loans in accordance with company policies and requirements. Perform a thorough and complete review of loan package to ensure that the loan transaction and approval complies with the terms outlined in the loan commitment/credit memo, and is structures in accordance with regulatory guidelines and corporate loan policy. Verify loan detail entered by loan officer into the loan platform system; prepare loan documents accurately and issue to closing attorneys and/or title companies. Order flood determinations and obtain flood notice disclosures when required. Review preliminary documents received from closing agent such as the legal description for the property to be encumbered, settlement statement, title commitment, organizational documents, survey, insurance policy, and UCC searches to ensure the status of the title of the property is acceptable to the bank. Coordinate loan funding with the closing attorney and Wiring department. Prepare loan funding tickets and pay appraisal invoices. Provide exceptional customer service to internal and external customers. Prioritize and monitor workflow to meet closing deadlines. Perform a post closing review of all executed loan documents ensuring all necessary documentation is complete, accurate, and in compliance with regulatory requirements. Assemble collateral file, assign loan number and input loan into core system. Complete HMDA reporting in loan platform system, when applicable. Must have High school diploma or equivalent. 2 years of commercial loan closing experience is preferred. Paralegal background is a plus. Should have excellent customer service skills and strong communication skills, both verbal and written.
Company info
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