Loan Closing Coordinator Jobs in Parsippany, 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.
VP, Senior Commercial Loan Closer (hybrid) NY/NJ
- Morristown, NJ (6 miles from Parsippany, NJ)
- 4 days ago
- Morristown, NJ (6 miles from Parsippany, NJ)
- 4 days ago
Overview This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office located in New York City or Morristown, New Jersey. The VP,...
- Englewood Cliffs, NJ (23 miles from Parsippany, NJ)
- 5 days ago
- Englewood Cliffs, NJ (23 miles from Parsippany, NJ)
- 5 days ago
Review loan documentation to ensure compliance with loan approval and policy and ensuring that all standard provisions are included and are not compromised....
Loan Analyst - Residential Mortgage
- Bowling Green, NY (22 miles from Parsippany, NJ)
- 10 days ago
- Bowling Green, NY (22 miles from Parsippany, NJ)
- 10 days ago
Origination System within the last 3 years Knowledge of mortgage lending programs including Non-Conforming, Fannie Mae, and Freddie Mac guidelines, as well as the use automated underwriting systems...
- New York, NY (22 miles from Parsippany, NJ)
- 22 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 22 days ago
Specific responsibilities include: Support Senior Loan Administrators in the day-to-day administration of assigned loans, including communication with Borrowers and Lenders/Investors and Client Analyzing...
/19311/4d430d1d-2fe6-4469-acc0-90185bd979d1.png&z=8&s=BNK&ih_t=4%2F30%2F2025+5%3A30%3A49+AM&utm_medium=internal%20referrer&utm_campaign=internal-ihire-dtc_edu&utm_content=ihire&utm_term=sf_serp_searchresults_position_5&dt=Desktop)
- New York, NY (22 miles from Parsippany, NJ)
- 30+ days ago
- New York, NY (22 miles from Parsippany, NJ)
- 30+ days ago
EDUCATION AND EXPERIENCE PREFERRED: Prior Mortgage experience in Mortgage Closing whether at a Lender, Title Company or Settlement Agent's office. Solid knowledge of Department software....
- New York, NY (22 miles from Parsippany, NJ)
- 30+ days ago
- New York, NY (22 miles from Parsippany, NJ)
- 30+ days ago
CLO Associate/Loan Closer Job Description-1-4 years Manage day to day activity of CLO warehouses. Communicate trade flow between fund managers and TRS provider. Communicate/fix discrepancies....
CLO/Syndicate Loan Settlement Specialist(hybrid)
- Newark, NJ (14 miles from Parsippany, NJ)
- 60+ days ago
- Newark, NJ (14 miles from Parsippany, NJ)
- 60+ days ago
Qualifications: 5+ years of experience in Loan Processing, credit operations, or funds administration, with a strong focus on global loan processing....
Demographic Data for Parsippany, NJ
Moving to Parsippany, NJ? Find some basic demographic data about Parsippany, NJ below.
Loan Closing Coordinator Online Courses and Training Opportunities
Salary for Loan Closing Coordinator Jobs in Parsippany, NJ
Highest Education Level
Loan Closing Coordinators in Parsippany, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Closing Coordinator position
- Escrow
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- Federal Housing Administration
- Fannie Mae
- BSA
- Loan Documentation
- Commercial Banking
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- Loan Processing
- VA Loans
- OFAC
- Mortgage Processing
- Encompass
- Credit Analysis
- Mortgage Servicing
- Mortgage Underwriting
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Investment Management
- Appraisal
- Due Diligence
- File Management
- Real Estate
- Finance
- Closing
- Salesforce
- High School Diploma
- Prioritizing
- Microsoft Outlook
- Written Communication
- Auditing
- Documentation
- Filing
- Reporting
- Regulations
- Multitasking
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Teamwork
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Closing Coordinator Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »