Loan Closing Coordinator

2 weeks ago


Indiana, Pennsylvania, United States Merchants Bancorp Full time

Position Overview: As a Mortgage Closing Specialist, you will play a crucial role in facilitating the efficient and precise closing of mortgage loan transactions. Your responsibilities will encompass a variety of tasks aimed at ensuring compliance and accuracy throughout the closing process.

Key Responsibilities:

  • Generate initial and final Closing Disclosures (CD) within regulatory time frames, ensuring all fees are accurately represented for both the borrower and seller.
  • Thoroughly review all necessary closing documents and underwriting approvals for correctness.
  • Examine data within the Loan Origination System (LOS) to confirm its accuracy.
  • Compile closing packages and liaise with the Settlement Agent regarding closing prerequisites.

Success Indicators: In your first year as a Mortgage Closing Specialist, you will know you have excelled if you:

  • Proactively monitor closing dates for all loans, utilizing the Estimated Closing Date in the LOS system, while addressing any issues with underwriting and processing.
  • Deliver precise and high-quality initial CDs (or HUD-1) within compliance timelines to borrowers and settlement agents.
  • Scrutinize documents such as purchase agreements, title commitments, homeowners insurance, underwriting approval notices, closing protection letters, and invoices to ensure completeness.
  • Collaborate with the settlement agent to finalize figures for the final CD, ensuring all transactions are balanced and all charges are accounted for.
  • Prepare closing packages, selecting the appropriate loan program and required documents for execution at the closing table.
  • Dispatch closing packages to the settlement agent in a timely manner, adhering to regulatory standards and minimizing last-minute inquiries.
  • Communicate effectively with internal teams (underwriting, processing, sales, post-closing, etc.) and arrange for the timely disbursement of loan funds.
  • Act as the final reviewer for loans, ensuring accuracy and salability.
  • Stay informed about industry updates, compliance, and agency changes and guidelines.

Qualifications:

  • A minimum of five years of experience in mortgage banking with a focus on loan closings, familiar with standard mortgage documentation.
  • Strong mathematical and reconciliation abilities.
  • Meticulous attention to detail is essential.
  • Excellent organizational skills with the capacity to prioritize tasks effectively.
  • Customer service-oriented with clear and effective communication skills.
  • Proficient in MS Word, Excel, and Outlook; familiarity with Encompass is highly desirable.

About Merchants Bancorp: Merchants Bancorp is recognized as a leading U.S. public bank, operating a diverse range of business lines, including multifamily housing and healthcare facility financing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking.



  • Indiana, Pennsylvania, United States First Commonwealth Bank Full time

    Job SummaryWe are seeking a highly skilled Credit Services Representative to join our team at First Commonwealth Bank. As a key member of our loan servicing department, you will be responsible for ensuring the integrity of all collateral and loan files, processing daily paid loan files, and providing exceptional customer service.Key ResponsibilitiesProcess...


  • Indiana, Pennsylvania, United States Department of Transportation Full time

    Position OverviewThis role is situated within the Office of the Secretary, specifically in the Facilities, Information and Asset Management, Event Center. The Multimedia Production Coordinator is tasked with overseeing the operations of the U.S. Department of Transportation's Multi-Media Center. This includes managing all facets of studio and on-location...


  • Indiana, Pennsylvania, United States Deaconess Midtown Hospital Full time

    Position OverviewThe Senior Marketing Coordinator plays a vital role in enhancing the Deaconess brand and effectively communicating our services and events. This position collaborates closely with the marketing and public relations teams to ensure alignment with the strategic objectives of the health system.Key ResponsibilitiesDevelop and implement marketing...

  • Nurse Coordinator

    1 day ago


    Indiana, Pennsylvania, United States Indiana Regional Medical Center Full time

    Job DescriptionJob Title: Registered NurseJob Summary:We are seeking a skilled and compassionate Registered Nurse to join our team at Indiana Regional Medical Center. As a Registered Nurse, you will play a vital role in providing high-quality patient care and contributing to the success of our healthcare team.Key Responsibilities:Assess and Plan Patient...

  • Assistant Manager

    7 days ago


    Indiana, Pennsylvania, United States Robert Bosch Group Full time

    Position Overview:The Robert Bosch Group is a prominent provider of technology and services across various sectors, including Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.With the largest development center outside Germany, Bosch in India is dedicated to delivering comprehensive engineering and technology...

  • Credit Risk Auditor

    2 weeks ago


    Indiana, Pennsylvania, United States Nomura Holdings Full time

    Overview:Nomura is a prominent global financial services organization with a comprehensive network that spans approximately 30 countries and regions.By bridging markets across East and West, Nomura addresses the needs of individuals, institutions, corporations, and governments through its three primary business sectors: Wealth Management, Investment...

  • Credit Risk Auditor

    2 weeks ago


    Indiana, Pennsylvania, United States Nomura Holdings Full time

    Overview:Nomura is a prominent global financial services organization with a comprehensive network that spans around 30 countries and regions.By bridging markets across East and West, Nomura addresses the needs of individuals, institutions, corporations, and governments through its three primary business sectors: Wealth Management, Investment Management, and...

  • Credit Risk Auditor

    2 weeks ago


    Indiana, Pennsylvania, United States Nomura Holdings Full time

    Overview:Nomura is a prominent global financial services organization with a comprehensive network that spans approximately 30 countries and regions.By bridging markets between East and West, Nomura addresses the needs of individuals, institutions, corporations, and governments through its three primary business divisions: Wealth Management, Investment...


  • Indiana, Pennsylvania, United States Ingersoll-Rand plc Full time

    Company OverviewIngersoll Rand is dedicated to fostering a diverse workforce that mirrors the communities we serve. We are proud to be an equal opportunity employer.All qualified candidates will be considered for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital...


  • Indiana, Pennsylvania, United States Restoration 1 of Birmingham Full time

    Overview: As a key player in our sales team, you will provide essential technical support and expertise to both our sales representatives and clients.Company Mission: At Restoration 1 of Birmingham, we are dedicated to enhancing safety and efficiency through innovative identity solutions. Our goal is to empower individuals and businesses to navigate their...


  • Indiana, Pennsylvania, United States Ingersoll-Rand plc Full time

    Position OverviewIngersoll-Rand plc is seeking a seasoned Manufacturing Process Engineer to join our Advanced Manufacturing Engineering team. This role is crucial in enhancing our manufacturing capabilities and ensuring the highest quality standards in our production processes.Key Responsibilities:- Evaluate and refine manufacturing techniques and workflows...


  • Indiana, Pennsylvania, United States Bank of New York Mellon Corporation Full time

    Position Overview:As a pivotal member of our leadership team, you will spearhead initiatives that drive excellence in fund administration.About Us:BNY Mellon stands at the forefront of the asset management and banking sectors, overseeing trillions in assets and providing unparalleled services to our clients. With a legacy spanning over 238 years, we are...


  • Indiana, Pennsylvania, United States Devinfo Full time

    Job SummaryDevinfo is seeking a highly experienced Government Affairs Manager to lead our government interface in Federal and State Governments, with a special focus on Gujarat State. The successful candidate will have a proven track record of managing complex subject matter and developing strategies to achieve visible results.Key ResponsibilitiesLead the...


  • Indiana, Pennsylvania, United States Amazon Full time

    Are you ready to take the next step in your operations career?Amazon is seeking a seasoned Manager with a keen interest in investigations and a commitment to continuous learning to oversee a team of investigators in a remote work environment.This position will require collaboration across various departments to ensure compliant solutions for multiple Amazon...


  • Indiana, Pennsylvania, United States Aveanna Healthcare Full time

    Job SummaryAveanna Healthcare is seeking a skilled Licensed Practical Nurse (LPN/LVN) to join our team of healthcare professionals. As a LPN/LVN, you will provide high-quality patient care in the comfort of their own homes, working closely with our interdisciplinary team to deliver comprehensive care.Key ResponsibilitiesProvide and document skilled nursing...


  • Indiana, Pennsylvania, United States Exacta Corporation Full time

    Company OverviewEXACTA Corporation stands as a leading entity in the realm of residential and commercial land surveying, dedicated to ensuring clients experience peace of mind while simplifying their surveying needs. With a presence across multiple states, including Ohio, Illinois, Indiana, Maryland, New Jersey, Virginia, Washington D.C., Florida, Texas,...


  • Indiana, Pennsylvania, United States Davis Brothers HVAC Full time

    Job OverviewPosition Title: Journeyman/Master PlumberCompany Overview:Davis Brothers HVAC is committed to establishing a proficient Plumbing team, and we are in search of a Journeyman/Master Plumber to be the foundation of this exciting venture.Role Summary:As the Plumbing Team Lead, you will be instrumental in defining the future of our plumbing services....


  • Indiana, Pennsylvania, United States Pyrotek Full time

    About the RoleThis opportunity is situated within the Mining and Metals sector.Company OverviewWho is Pyrotek? Pyrotek stands as a prominent global industrial leader in high-temperature materials, influencing numerous aspects of daily life in the developed world.Our dedicated global team has spent decades innovating technologies, advanced engineered systems,...


  • Indiana, Pennsylvania, United States Deckers Brands Full time

    POSITION OVERVIEW:As a Building Operations Supervisor at Deckers Brands, you will oversee the comprehensive management of facility operations, both inside and outside the premises. Your role will encompass maintenance, automation, janitorial services, and grounds management. You will also provide support in supervising housekeeping and janitorial functions...


  • Indiana, Pennsylvania, United States Belle Tire Full time

    Position Overview:The Retail Operations Supervisor is a dynamic, customer-oriented role that emphasizes positivity and high energy. This position offers the chance to develop both personally and as a vital team member within the tire and automotive sector.Key Responsibilities:Foster strong customer relationshipsEvaluate customer needs and recommend...