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Loan Closer

A-Line Staffing Solutions Warwick ,RI
  • Expired: over a month ago. Applications are no longer accepted.
Job Description

 NOW HIRING! SBA Loan Closer for a top banking / mortgage institution located in Warwick, RI

Hours: 8am to 5pm, Monday through Friday

Pay Rate: $21.15 per hour


  • SBA loan closer
  • Need Financial Banking background
  • Need to be very flexible to do different positions. Commercial Loan Operations.
  • Responsible for preparing and reviewing documents for all loan types including mortgages, credit cards, and loans collateralized by securities.


  • Bachelors Degree or equivalent work experience.
  • 2-4 years credit card, mortgage, and security loan processing experience.

Skills and Competencies:

  • Working knowledge of mortgage loan documentation.
  • Knowledge of lending compliance regulations (Reg. Z, RESPA, Truth in Lending, Reg. B, HMDA).
  • Knowledge of business desktop applications (i.e.: Microsoft Word, Excel, PowerPoint, Access & Project, Windows, Visio, etc.).
  • Knowledge of compliance in a banking environment.
  • 7 Working knowledge of loan and revolving credit terms.
  • Working knowledge of loan and revolving credit documentation.

Major Job Duties and Responsibilities:

  • Document preparation for loans. Update rate changes on various loan systems. Create new loan checklists.
  • Account maintenance on various systems. Vehicle title tracking. Maintain insurance tracking reports.
  • Prepare monthly and quarterly billing. Board new loans on various loan systems. Interface with portfolio managers and custody agents. Quality control of loan documentation.
  • Communicate with applicants, clients, staff and third parties (attorney, closing agents, vendors) to answer questions and resolve issues. Create mortgage loan documentation on Laser Pro.
  • Prepare daily control agreement and watch list reports. Prepare and monitor daily collateral analysis reports.
  • Daily loan transaction reconciliation. Prepare People Soft journals. Research GL outages. Recovery payment tracking. Process non-post items.


A-Line Staffing Solutions


Warwick, RI