Closing Processor

Description

Since our founding in 1927, our employees have been the main reason for The Equitable Bank’s success. We are a local bank with strong ties to the communities where our branches are located. Our culture is inclusive, and our work environment is collaborative, friendly, and growth oriented. We pride ourselves on offering our customers personalized service and financial guidance to help navigate ever-changing life events.

We are currently seeking a Closing Processor. This is a full-time position scheduled for Monday – Friday, 8:30 am – 5:00 pm, however, the ability to work additional hours/overtime during periods of peak volume, and based on other departmental needs, is required.

Essential Duties and Responsibilities:

• Responsible for the preparation of residential, consumer and commercial closing documents.
• Ensure procedures to close and fund mortgage loans are in accordance with Bank/Investor policies and state and federal regulations.
• Daily activities include, but are not limited to, scheduling of closings, preparation of loan closing documents, responding to inquiries from closing attorneys, realtors, title companies, and customers.
• Perform variety of clerical duties daily requiring knowledge of departmental procedures.
• Assist mortgage servicing department with clearing exceptions or condition for funding/title issues.

Benefits:

• 401(k) with 4% dollar-for-dollar employer match
• Paid time off
• Bank paid life insurance at four times your annual salary
• Medical, dental, vision insurance
• Flexible spending and childcare accounts (FSA)
• Personal banking and loan benefits

Requirements

Job Skills:

• A working knowledge of federal and state mandated consumer disclosure requirements is required.
• Previous mortgage banking experience with a familiarity of Freddie Mac, Fannie Mae, FHA/ VA and Commercial guidelines is preferred.
• Excellent customer service and communication skills are required as this position works closely with customers, Loan Originators and other Lending staff.
• Will be working with a wide variety of computer programs including Excel, FiServ, Microsoft Word, Mortgagebot and LaserPro. Familiarity with Mortgagebot and LaserPro processing software is a plus.
• Must be accurate, detail and deadline oriented.
• With closing being the last stop for compliance review and audit, knowledge of RESPA, MDIA, HMDA, TILA, REG Z, etc. is required.

Education Requirements:

• At least one year of mortgage loan processing, closing or commercial experience is required.
• College degree desired, High School Diploma or GED equivalent required.

The Equitable Bank is an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital or parental status, military service or status as a covered veteran in accordance with applicable federal, state and local laws. The Bank will also not discriminate based on arrest or conviction record unless considered to be a bona fide occupational qualification.