Loan closer Jobs in St Petersburg, FL

Loan Processor

Under general supervision, uses knowledge and skills obtained through training and experience to process commercial and/or retail loans and prepare closing documents. Follows established procedures to perform a variety of tasks requiring some evaluation, originality or ingenuity in making decisions. Recommends solutions to moderately complex problems and refers more complex issues to a higher level. Regular contact with internal and external customers is required to obtain, clarify, or provide facts and information and/or identify, research, and resolve problems.

Essential Duties and Responsibilities

• Obtains required documentation and processes more complex loan applications.
• Orders credit verifications and third party services.
• Tracks receipt of and reviews post closing legal documents.
• Follows up on missing documentation.
• Verifies loan applications and supporting documents for accuracy and completeness.
• Prepares and compiles documents for loan closing.
• Prepares or reviews for accuracy, Good Faith Estimates of Closing Costs, Regulation Z disclosures, and other disclosures required by consumer regulation.
• Performs initial credit analysis submission via automated underwriting, as requested. Schedules, coordinates loan closings, and clears for disbursement of loan proceeds.
• Prepares compliance and accounting records and reports, as required by management and regulatory agencies.
• Performs routine loan calculations. Assists customers with moderately complex inquires or problems.
• Performs pre-closing, post-closing, or whole loan due diligence review of legal agreements and other closing documents to terms of loan commitment.
• Maintains currency in loan processing policies and procedures.
• Performs other duties and responsibilities as assigned.

Knowledge of

• Intermediate level concepts, practices and procedures of commercial and retail loan processing and documentation.
• Basic principles of banking and finance.
• Financial markets and products.
• Fannie Mae and Freddie Mac Underwriting guidelines.
• Working knowledge of TRID (TILA-Respa Integrated Disclosure) and the Closing Disclosure Timing requirements
• Experience reviewing Title commitments, Trust Agreements, and POA ("Price on Application" also known as "Price on Asking")
• Multi-state real estate, closing, and title practices.
• Federal and State lending laws.
• Loan origination software packages.

Skill in

• Processing more complex loan applications.
• Verifying loan applications and supporting documents.
• Preparing loan closing packages.
• Preparing records and reports.
• Performing routine loan calculations.
• Operating standard office equipment and using required software applications.
• Reviewing and interpreting commercial loan documentation and terms.
• Reviewing and interpreting residential and consumer documentation and terms.
• Reviewing and personal financial statements and supporting documents.

Ability to

• Read, interpret, analyze and apply information from loan application documents
• Interpret and apply policies.
• Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment.
• Communicate effectively, both orally and in writing.
• Work independently as well as collaboratively within a team environment.
• Handle stressful situations and provide a high level of customer service in a calm and professional manner.
• Establish and maintain effective working relationships.
• Maintain currency in loan processing policies and procedures.

Education

Work Experience

Certifications

Travel

Less than 25%

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to:

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.