Loan Closing Coordinator Jobs in Bradenton, FL

A Loan Closing Coordinator in the banking industry is a crucial part of the loan process and is responsible for ensuring that all necessary aspects of the loan closing process are met. Their duties include coordinating with loan officers, underwriters, and clients, reviewing loan documents for completeness and accuracy, and ensuring that all conditions of loan approval are met before the closing date. They also work closely with loan servicing and escrow companies to guarantee that all necessary steps are taken for the transfer of property ownership. The Loan Closing Coordinator plays a significant role in maintaining excellent customer service and ensuring all loans are closed in a timely manner.

To become a successful Loan Closing Coordinator, one should have strong organizational and communication skills, detail-oriented nature, and able to work under pressure to meet deadlines. Knowledge of the banking industry, loan processes, and real estate transactions is essential. As for certifications, some companies require a degree in Finance, Business, or a related field, while others might prefer candidates with relevant certification like Certified Loan Processor (CLP), Certified Mortgage Processor (CMP), or Certified Master Loan Processor (CMLP). They are likely to have gained experience in roles such as Loan Processor, Loan Officer, or Underwriter before stepping into the role of a Loan Closing Coordinator.

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Loan Closing Coordinator jobs in Bradenton, FL    edit

Demographic Data for Bradenton, FL

Moving to Bradenton, FL? Find some basic demographic data about Bradenton, FL below.


Local
National
268,896
6,791
Large

Loan Closing Coordinator Online Courses and Training Opportunities

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Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Master the Closing Disclosure as a Loan Processor & MLO
Do you want to work in the mortgage industry but don't know what a closing disclosure is? Are you looking to advance in your career by having more specialized knowledge on one of the most...
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Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...

Salary for Loan Closing Coordinator Jobs in Bradenton, FL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Loan Closing Coordinators in Bradenton, FL offer the following education background
Bachelor's Degree
39.6%
Master's Degree
21.3%
High School or GED
16.5%
Associate's Degree
10.8%
Vocational Degree or Certification
8.2%
Some College
2.2%
Doctorate Degree
1.0%
Some High School
0.4%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Closing Coordinators in Bradenton, FL
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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