The Officer, Loan Closing Coordinator is responsible for managing and coordinating all aspects of the loan closing process to ensure accuracy, compliance, and timely funding. This role requires hands-on experience with loan documentation, closing procedures, and the use of the LaserPro system. The individual will act as a key liaison between internal departments and external vendors to facilitate efficient loan closings while adhering to regulatory and institutional guidelines.
Loan Documentation & Closing Preparation
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Prepare and review loan closing documents using the LaserPro system for assigned loan transactions.
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Ensure all documentation is complete, accurate, and compliant with internal policies and regulatory requirements.
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Generate and review loan closing packages prior to execution.
Coordination & Communication
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Serve as the primary liaison with external vendors, including title companies, attorneys, and other third parties.
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Coordinate closing schedules and ensure all parties are aligned for timely execution.
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Communicate effectively with lenders, underwriters, and operations teams regarding loan status and requirements.
Pre-Funding Review
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Conduct preliminary reviews of closed loan files to verify completeness and accuracy prior to funding.
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Identify and resolve documentation discrepancies or missing items before funding approval.
Closing & Escrow Management
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Prepare loan closing statements and ensure accuracy of all financial figures.
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Input and release escrow holds and CDs (Certificates of Deposit) in accordance with bank procedures.
Transaction Processing
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Perform transaction posting related to loan closings in the core banking system.
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Ensure all financial transactions are properly recorded and balanced.
Education
Experience
3–5 years of hands-on experience in loan closing, loan coordination, or lending operations required.
Proven experience using the LaserPro system is required.
Strong understanding of loan documentation, closing procedures, and compliance requirements.
Skills & Competencies
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Strong attention to detail and high level of accuracy
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Excellent organizational and time management skills
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Ability to manage multiple transactions simultaneously
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Strong communication and interpersonal skills
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Knowledge of lending regulations and compliance standards
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Proficiency in banking systems and Microsoft Office Suite
