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Commercial Loan Closing Administrator

Thomaston Savings Bank

Thomaston Savings Bank is a full-service Connecticut community financial institution that has been a part of your community since 1874. Our mission is to empower our clients for financial success and we're seeking a Commercial Loan Closing Administrator to help achieve that goal.


Position: Commercial Loan Closing Administrator
Location: On-Site in Thomaston, CT
Responsibilities Include:

  • Prepares the loan file and closing documents for accuracy and completion of underwriting requirements prior to closing.
  • Prepare and review commitment letters for accuracy of loan terms and requirements; ensure that all underwriting requirements have been satisfactorily resolved.
  • Review closer pipeline reports weekly to manage flow of anticipated closings. Keep information in the origination system current so the pipeline reports are accurate.
  • Use pre-closing and post-closing checklists, to ensure accuracy of closing documents. Assimilate loan documents in proper order to prepare for actual closing.
  • Communicate with borrowers and realtors to schedule closings based on real estate contract dates for purchase transactions; file completeness for refinance transactions; and overall workload of processors and/or closing assistants. Update scheduled closing date in loan origination system as soon as possible.

EOE
Vacancy posted 18 hours ago
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