Lowell Five Bank · 7 hours ago
Closing Specialist
Tewksbury, Massachusetts, United States
Full-time
Onsite
Entry, Mid Level
$28/hr - $32/hr
2+ years expLowell Five Bank is a significant player in the economic vitality of the Merrimack Valley and Southern New Hampshire, with a commitment to community engagement and employee development. The Closing Specialist will coordinate loan closings, prepare necessary documentation, and ensure compliance with regulatory guidelines.
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Responsibilities
Coordinates loan closings with attorneys when they are cleared to close
Prepares Closing Disclosures in adherence to regulatory and Bank guidelines, which includes obtaining approval from the respective attorneys and following up with the clients for acknowledgments
Reviews residential mortgage files and commercial loan closing packages to ensure accuracy and completeness
Prepares balance sheets, confirms disbursement amounts at closing
Approves settlement statement, verifies the net funding amount, and prepares funding requests
Prepares checklists for closed loan packages; notifies attorneys of errors and track receipts of corrected documents
Qualification
Required
Willingness and aptitude to learn new systems is required to support Bank growth and expansion of services
Detail-oriented with strong organizational skills
Ability to multi-task, prioritize, and meet deadlines under variable conditions
Flexibility and ability to adapt to change
Ability to build and maintain relationships and work effectively with the team
Strong communication and customer-service skills
High degree of initiative, dependability, and ability to work independently
Preferred
Minimum of two years' experience in real estate loan closing strongly preferred
Working knowledge of various legal closing documents and TRID regulations
working knowledge of Microsoft Office is required and Finastra and/or Epic system(s) is preferred
Benefits
Career development and educational programs
Benefit package that supports each employee’s best life
Company
Lowell Five Bank
Lowell Five Bank is a community bank based out of Merrimack Valley and Southern New Hampshire.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Mackenzie Raphael
Senior Vice President/CIO
Donald Bedard
Executive Vice President - Chief Lending Officer
Recent News
The Nashua Telegraph
2023-12-25
Company data provided by crunchbase