Mortgage Closer

Job Description

Job Description

First State Bank is seeking a Mortgage Closer onsite at our Chesterfield office. If you have closing experience then you may be a great fit! 

40 hours per week. 

Full Time benefits will apply, including; medical, dental and vision insurance, paid time off, 401k, ESOP and more!

Duties and Responsibilities:

The Mortgage Closer will perform all duties required of a Mortgage Closer by following policies and procedures set forth by First State Bank, including, but not limited to:

• Accurate and complete closing and funding of mortgage loans. 
  • Loan types include conventional, government, home equity, MHDC, USDA and portfolio. 
• Receives file from Mortgage Loan Specialist, reviews it to make sure necessary documents are in the file for closing and reviews the loan origination system for data integrity. 
• Maintains an open line of communication with Loan Officer’s and title companies. 
• Prepares loan figures and sends to Title Company. 
• Once the CD is returned and entered into the system, the final CD is then sent to the Loan Officer’s for approval. 
• Prepares mortgage closing documents needing to be executed by the borrower in order to close the loan. 
• Ensures all loans are closed in a timely manner and that documentation is true and accurate. 
• Obtains required documentation set forth by the Underwriting department to satisfy conditions for closing that were part of the approval process. 
• Exchanges funding documents with Title Company once the file is closed and all necessary signed documents are completed. 
• Balances the file in preparation for disbursement of all checks and/or wires
• Prepares the loan file for recording.
• Ensures all documents needed for the investor are in the closing file and turned over to the Post-Closing department, Assists the Post Closing department in obtaining any additional documents needed by the investor after closing.
• Complete all required compliance training and complies with the Bank Secrecy Act and Anti-Money Laundering Act as well as all regulations which apply within the scope of the position.

Qualifications:

• High school diploma or general education degree (GED) required.
• One to two years related experience and/or training required. 

For more information about First State Bank, please visit our Career’s Page on our company website  

As a condition of employment, all new hires will be required to complete a background check and drug testing.

First State Bank is an Equal Opportunity Employer, including protected veterans and individuals with disabilities.