Loan Closing Coordinator Jobs in Red Oak, TX

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.

1-9 of 9 Jobs

Loan Closer - Investment Banking Operations

  • Dallas, TX (18 miles from Red Oak, TX)
  • 1 hour ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 1 hour ago

Responsible for reviewing loan documentation against the formal credit approval and ensuring documents comply with current bank, federal and state policies as well as legal standards and system functionality...

Commercial Loan Analyst I

  • Dallas, TX (18 miles from Red Oak, TX)
  • 1 day ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 1 day ago

Commercial Loan Processor I The Commercial Loan Processor I is responsible for the set-up, maintenance, and processing functions associated primarily with commercial loans....

Global Banking & Markets - Public - Dallas - Analyst - Loan Management

  • Dallas, TX (18 miles from Red Oak, TX)
  • 3 days ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 3 days ago

The Loan Management team is a business unit within the Global Banking and Markets division, primarily supporting the Mortgage Loan Trading desk and Global Banking and Markets' Real Estate Finance...

Senior Commercial Loan Closing Specialist - Asset Based Lending Deal Closer

  • Irving, TX (21 miles from Red Oak, TX)
  • 6 days ago
  • Irving, TX (21 miles from Red Oak, TX)
  • 6 days ago

skills Knowledge of Deposit Account Control Agreements (DACAs) and cash management systems Proficient in reading and understanding complex loan documentation Commercial Insurance knowledge Ability...

Senior Commercial Loan Closing Specialist - Capital Finance DACA Team

  • Irving, TX (21 miles from Red Oak, TX)
  • 8 days ago
  • Irving, TX (21 miles from Red Oak, TX)
  • 8 days ago

documentation that may also include documentation purchased from third party sources, with internal staff and the Corporate Legal group Work collaboratively with Credit, Sales and Legal regarding proper...

Senior Loan Coordinator

  • Dallas, TX (18 miles from Red Oak, TX)
  • 9 days ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 9 days ago

Functions as a point of contact for other internal departments during the loan process....

Syndicated Loan Closing Specialist - CIB

  • Dallas, TX (18 miles from Red Oak, TX)
  • 14 days ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 14 days ago

Primary Responsibilities Drafts and reviews loan documentation for high complexity commercial loans in a multi-state environment Engages with the deal team on forecasting loan pipeline activity and...

Global Banking & Markets - Public - Dallas - Associate / Analyst - Loan Management

  • Dallas, TX (18 miles from Red Oak, TX)
  • 45+ days ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 45+ days ago

negotiation of loan agreements and associated documents Assist trading desk and Investment Banking Division (IBD) in platform diligence related to prospective clients and on behalf of the firm and existing lenders...

Commercial Loan Closer - Loan Operations

  • Dallas, TX (18 miles from Red Oak, TX)
  • 60+ days ago
  • Dallas, TX (18 miles from Red Oak, TX)
  • 60+ days ago

The loan closer serves as the point of contact and process driver throughout the loan origination process, through funding and booking....

Demographic Data for Red Oak, TX

Moving to Red Oak, TX? Find some basic demographic data about Red Oak, TX below.


Local
National
45,894
549
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.
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...
Master the Art of Closing Hard Equity Mortgage Loans
Did you know that hard equity loans are the fastest and easiest loans to close? Are you looking to get hired by a hard equity lender by having the knowledge necessary to start working? When real...

Salary for Loan Closing Coordinator Jobs in Red Oak, TX

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

Highest Education Level

Loan Closing Coordinators in Red Oak, TX 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 Red Oak, TX
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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