Loan Closing Coordinator Jobs in Morristown, NJ

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.

1-4 of 4 Jobs

Commercial Loan Closer

  • Bedminster, NJ (13 miles from Morristown, NJ)
  • 10 days ago
  • Bedminster, NJ (13 miles from Morristown, NJ)
  • 10 days ago

Qualifications: Bachelor Degree in Business Related Field preferred Minimum 5-7 years working in a Commercial Lending Department or Bank Environment Significant knowledge of Commercial Lending Credit...

Senior Mortgage Loan Closer

  • Morris Plains, NJ (4 miles from Morristown, NJ)
  • 30+ days ago
  • Morris Plains, NJ (4 miles from Morristown, NJ)
  • 30+ days ago

Minimum Qualifications: Education, Certification, and License Requirements * High school diploma or GED * Associate or bachelor's degree preferred Experience * Five (5) or more years of mortgage lending...

CLO/Syndicate Loan Settlement Specialist(hybrid)

  • Newark, NJ (17 miles from Morristown, NJ)
  • 30+ days ago
  • Newark, NJ (17 miles from Morristown, NJ)
  • 30+ days ago

Qualifications: 5+ years of experience in Loan Processing, credit operations, or funds administration, with a strong focus on global loan processing....

Loan Analyst I

  • Newark, NJ (17 miles from Morristown, NJ)
  • 45+ days ago
  • Newark, NJ (17 miles from Morristown, NJ)
  • 45+ days ago

and deposits Coordinate with Credit Officers, Portfolio Management and Legal Counsel to approve premium finance loan Oversee all phases of loan processing, including exposure model generation, legal...

Demographic Data for Morristown, NJ

Moving to Morristown, NJ? Find some basic demographic data about Morristown, NJ below.

Local
National
45,609
1,721
Medium

Loan Closing Coordinator Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
FutureLearn
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,...
Udemy
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...
edX
Financial Math for Actuaries: From Loans to Bonds to Immunization
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...
Register to search for more online courses. >>>

Salary for Loan Closing Coordinator Jobs in Morristown, NJ

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

Highest Education Level

Loan Closing Coordinators in Morristown, NJ 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 Morristown, NJ
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%

Qualifications / Skill Sets

The following top skills are often required or desired to land a Loan Closing Coordinator position

In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!

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