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Alerus · 3 months ago

Mortgage Loan Closer

Hopkins, MN

Full-time

Onsite

Mid Level

$26/hr - $31/hr

3+ years exp

Alerus is a commercial wealth bank and national retirement provider dedicated to helping clients achieve their financial goals. The Mortgage Loan Closer position involves monitoring and managing the closing of mortgage files, ensuring accuracy and completeness while collaborating with various team members to enhance the client experience.

BankingFinancial ServicesVenture Capital

Responsibilities

Review closing file for completeness and accuracy. Including purchase agreement, appraisal, title, and property insurance

Prepare and deliver closing instructions

Ensure all Investor/Agency requirements are met

Verify and update applicable fees and prepare funding documentations

Data input including vesting and property details, closing conditions, investor specific data, 4506C data entry, and FHA/VA/USDA/BOND documentation entry

Coordinate final approval and closing conditions to the Title Companies

Prepare balance sheet for loan funding and reconcile proceeds check from closing

Ability to close multi-state loans meeting state specific lending guidelines

Assist with work escrow release requirements

Obtain, review, and clear required approval conditions

Prepare fees, monitor, and track closing disclosures

Identify and implement process improvements that enhance the client experience and build scale

Qualification

Mortgage closing experienceHigh volume transaction managementMulti-state loan processingAttention to detailProcess improvement

Required

Minimum of 3 years mortgage closing experience or equivalent mortgage experience

High-level commitment to accuracy and detail

Demonstrate the ability to manage high volume, time sensitive transactions and situations

Ability to carry out the work of mortgage programs and projects, to include availability to work after hours to support business needs

Benefits

Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings.

Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave.

Learning and development resources for personal and professional career development, and advancement opportunities.

Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services.

Support for the communities we live in through paid volunteer time and a company donation match opportunity.