Mortgage Loan Closer

Mortgage Loan Closer

$45K-$48K

 Any branch location within our footprint: Montgomery, AL; Detroit, MI; Memphis, TN; New Orleans, LA; Jackson, MS; Kansas City, KS; Kansas City. MO; Chicago, IL; Baton Rouge, LA; New Orleans, LA

 

Liberty Bank and Trust, America’s first billion-dollar Black-owned bank, has proudly served communities across 11 states for over 50 years. We are building a team of mission-driven individuals committed to empowering people, businesses, and communities to thrive. By providing access to financial tools and services, we help achieve goals like homeownership, business growth, and financial education. Whether it’s a community, a burgeoning business, or untapped talent, we believe in the possibility of financial freedom. To find out more about our financial solutions and our community impact, visit us at: www.libertybank.net

 

If you’re looking for a company where your ideas matter, your growth is supported, and your impact is acknowledged—Liberty Bank is the place for you.

 

As the Mortgage Loan Closer, you will complete all the closing paperwork on behalf of the lender and send it to the title insurance company or the real estate attorney to complete the closing. As the person with the final review of the deal, this position is responsible for ensuring mortgage regulatory compliance.  

 

To thrive as a Mortgage Loan Closer, you should have:

• Associate’s degree or equivalent from a two-year college, technical school, or 1-2 years of related experience and/or training. Familiarity with loan closing and documentation procedures is preferred.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook), with experience in banking software such as Encompass and IT core systems.
• Demonstrated ability to express ideas clearly in writing, edit for accuracy in spelling and grammar, vary writing styles to meet specific needs, and effectively present numerical data.
• Skilled in managing customer interactions, resolving concerns, meeting commitments, and maintaining high satisfaction through effective communication and persistence.
• Ability to apply common sense to address challenges, interpret instructions in various formats, and adapt quickly to new technologies and procedures.

 

Your responsibilities as the Mortgage Loan Closer include:

• Document Preparation and Compliance: Create and maintain all closing documents to ensure they meet government compliance standards, including disclosures, fees, and legal paperwork.
• Loan Funding and Finalization: Fund completed loans, submitted funding wires through the wire exchange portal, and finalized files for sale to third-party investors.
• Borrower Interaction: Prepare and remit the Closing Disclosure, answer borrower questions, obtain necessary signatures, and schedule closing meetings with closing agents.
• File Management and Submission: Maintain accurate and current mortgage files, email executed packages to the post-closing team, and store completed files in credit administration.
• Investor Coordination: Serve as a liaison between lenders, overnight original notes to investors, and ensure timely submission for booking and secondary market sales.

 

Benefits:

Liberty’s Bank and Trust’s Best-in-Class Benefits and Perks: 

• Comprehensive Medical, Dental, Vision, and Life Insurance
• Solid Work/Life Balance, including PTO and paid holidays
• Financial wellness, including an FSA 401K and match, Educational Reimbursement, and Life Insurance
• Family assistance, including Adoption Assistance and EAP/Health and Welfare Assistance
• Growth opportunities, including Training and Development and Leadership Development
• Substantial perks, including Online Marketplace* discounts on a variety of goods and services, ERG/ Ambassador Group, and Free and reduced-rate bank services 

 

We are an equal opportunity employer, and all qualified applicants will be considered for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.