Job Description Mortgage Closing Clerk Job Description
Mortgage Closing Clerk Job Description

Job Brief

The Mortgage Closing Clerk plays a critical role in the loan closing process by interviewing loan applicants, gathering necessary documentation, and verifying applicant information. This position requires attention to detail, strong organizational skills, and a comprehensive understanding of mortgage processes. The ideal candidate will have experience in loan processing, excellent communication skills, and the ability to manage multiple transactions simultaneously to ensure timely closings.

Responsibilities

  • Interview loan applicants to collect essential information and assess their eligibility.
  • Conduct background investigations and verify references to ensure the validity of loan applications.
  • Prepare comprehensive loan request documents and forward findings to the appraisal department.
  • Review loan paperwork for completeness and accuracy before submission for approval.
  • Facilitate transactions between loan originators, borrowers, and sellers post-loan approval.
  • Maintain accurate records and documentation of all loan transactions in compliance with regulations.
  • Communicate effectively with clients to address inquiries and provide updates on loan status.
  • Coordinate with various departments to expedite the loan closing process.

Requirements

  • High school diploma or equivalent; Associate’s or Bachelor’s degree in finance, business, or a related field preferred.
  • Proven experience in mortgage processing or a related financial services role.
  • Strong understanding of mortgage regulations and compliance standards.
  • Excellent attention to detail and problem-solving skills.
  • Proficient in Microsoft Office Suite and mortgage processing software.
  • Exceptional organizational skills and ability to manage multiple tasks efficiently.
  • Strong written and verbal communication skills for client interaction.
  • Ability to work independently and collaboratively within a team environment.

Similar Job Titles

  • Mortgage Processor
  • Loan Closing Specialist
  • Closing Coordinator
  • Loan Documentation Clerk
  • Mortgage Loan Closer
  • Loan Officer Assistant
  • Real Estate Closing Assistant
  • Mortgage Operations Associate