Loan Closer
Job Description
A Loan Closer is crucial in the lending process, ensuring accurate documentation and compliance before mortgage disbursement. Key responsibilities include finalizing loan packages, coordinating with borrowers, lenders, and title companies, and overseeing financial transactions. Required skills include attention to detail, communication, and knowledge of regulations. Typically working in an office environment, Loan Closers collaborate closely with Underwriters and Mortgage Brokers. Career progression can lead to roles such as Loan Supervisor or Branch Manager, offering opportunities for advancement and specialization.