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Mercantile Bank · 3 days ago

Mortgage Closing Disclosure Specialist

Grand Rapids, MI

Full-time

Hybrid

Entry, Mid Level

1+ years exp

Mercantile Bank is a community-focused financial institution seeking a Mortgage Closing Disclosure Specialist to join their energetic team. The role involves verifying mortgage loans, preparing disclosures, and ensuring compliance with regulations while collaborating with various stakeholders to facilitate smooth closings.

BankingFinancial ServicesLendingMobile Apps

Senior Management

Responsibilities

Use your amazing detail-oriented skills to verify mortgage loans are set up appropriately and comply with all policies and regulations

Initiate appropriate disclosures while maintaining deadlines

Your enthusiastic attitude and personality will contribute to the success of the team and to the satisfaction of our customers

As a Mortgage Closing Disclosure Specialist at Mercantile Bank, you will play a pivotal role in the residential mortgage process, engaging in a variety of essential tasks such as preparing initial and re-disclosed Loan Estimates and preliminary Closing Disclosures

In addition to managing the incoming loan pipeline and the re-disclosure queue in alignment with TRID regulations, you will also handle critical closing responsibilities-such as preparing and reviewing final closing packages, coordinating with title companies, verifying payoff statements, and ensuring accurate disbursement of funds

Your attention to detail ensures compliance with federal and state regulations alongside internal policies, safeguarding the integrity of our operations

By collaborating with Mortgage Loan Officers, Processors, Closers, and Underwriters, you will uphold our high service standards while providing timely disclosures and facilitating smooth, compliant closings for clients

Your customer-centric approach and commitment to compliance will shine as you build relationships with title companies and settlement agents

Qualification

Mortgage regulationsTRID guidelinesTitle policiesAnalytical skillsTime managementProblem-solvingVerbal communicationWritten communicationAttention to detailOrganizational skills

Required

A high school diploma or GED

1 – 3 years of mortgage closing experience

Knowledge of mortgage operations and practices, regulations and lending guidelines

Minimum of one year of banking and/or mortgage experience

Exceptional time management skills

Strong analytical and problem-solving abilities

Top-notch verbal and written communication skills

Keen sense of organization and attention to detail

Preferred

Familiarity with mortgage regulations

Knowledge of TRID guidelines

Understanding of title policies

Benefits

Competitive compensation

Bonus opportunities

Best-in-class benefit options

Minimum of 3 weeks' vacation

Sick time

11 paid holidays

Generous 401k match of 5%

Company paid life insurance

Tuition reimbursement

IVF and adoption assistance

Zero-interest loans for fitness equipment and business attire

Discounted bank services

Employee stock purchase plan

529 savings plans

Health savings accounts

Flexible spending accounts

Legal protection

Exceptional training and development opportunities

Encouragement to connect with community through volunteer opportunities

Company

Mercantile Bank

Mercantile Bank of Michigan was founded in 1997 by Directors and Bankers who firmly believe that customers, employees, and the communities they live in, are best served by financial institutions with local roots.

Founded in 1997

Grand Rapids, Michigan, USA

501-1000 employees