Loan Closing Coordinator Jobs in Woodbridge, 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.
Loan Analyst - Residential Mortgage
- Bowling Green, NY (16 miles from Woodbridge, NJ)
- 17 hours ago
- Bowling Green, NY (16 miles from Woodbridge, NJ)
- 17 hours 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...
Risk Analyst/ Loan Workout Officer
- New York, NY (20 miles from Woodbridge, NJ)
- 4 days ago
- New York, NY (20 miles from Woodbridge, NJ)
- 4 days ago
The job involves dealing with non-performing loan, and providing comprehensive support for the Enterprise Risk Management (ERM) framework, with a focus on managing and monitoring credit risk,...
- New York, NY (20 miles from Woodbridge, NJ)
- 11 days ago
- New York, NY (20 miles from Woodbridge, NJ)
- 11 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...
- New York, NY (20 miles from Woodbridge, NJ)
- 22 days ago
- New York, NY (20 miles from Woodbridge, NJ)
- 22 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....
KEY RESPONSIBILITIES: Prepares and reviews pre-closing documentation for commercial lending and/or commercial real estate construction and permanent loans....
Interacts with lenders and borrowers as to the submission of all required advance documentation. Calculates closing advance figures. Reviews thoroughly the loan approval documentation....
- New York, NY (20 miles from Woodbridge, NJ)
- 30+ days ago
- New York, NY (20 miles from Woodbridge, 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 (13 miles from Woodbridge, NJ)
- 60+ days ago
- Newark, NJ (13 miles from Woodbridge, 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 Woodbridge, NJ
Moving to Woodbridge, NJ? Find some basic demographic data about Woodbridge, NJ below.
Loan Closing Coordinator Online Courses and Training Opportunities
Salary for Loan Closing Coordinator Jobs in Woodbridge, NJ
Required or preferred licenses and certifications for Loan Closing Coordinator positions.
Highest Education Level
Loan Closing Coordinators in Woodbridge, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Closing Coordinator position
- Commercial Real Estate
- Retail Banking
- Federal National Morgage Association
- Mortgage Lending
- Consumer Lending
- Loan Origination
- Fannie Mae
- Lending
- Loan Documentation
- Federal Housing Administration
- Commercial Banking
- BSA
- Commercial Lending
- Know Your Customer
- Tila Respa Integrated Disclosures
- Loan Processing
- OFAC
- Mortgage Processing
- Encompass
- Wire Transfers
- USDA
- Loan Servicing
- Financial Services
- Underwriting
- Investment Banking
- Investment Management
- Appraisal
- General Ledger
- Due Diligence
- File Management
- Notary Public
- Real Estate
- Finance
- Closing
- High School Diploma
- Prioritizing
- Written Communication
- Microsoft Outlook
- Documentation
- Reporting
- Filing
- Regulations
- Multitasking
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Research Skills
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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