Residential Lending Closer/Funder
Join a successful, community-oriented bank with an engaging, employee focused culture
Baltimore, MD  / Nottingham, MD  / Perry Hall, MD 
Posted 1 month ago
Position No Longer Available
Position No Longer Available
Job Description
The Residential Loan Closer/Funder/Shipper assembles, prepares, and verifies closing documents for the completion of residential mortgage and consumer loan transactions. Coordinates all aspects of the closing process and ensures that all terms of the transaction are met. Prepares loan and property insurance documents included in the closing package and coordinates the closing meeting details with borrowers, real estate, insurance, and closing agents.  Moves approved mortgage and unsecured consumer loans from the Loan Origination Software to Core System, disburses loan funds, and completes funded loan files. This individual partners with and supports all areas of residential lending operations while providing quality customer service.
  • Reviews the approved mortgage loan to determine and clear conditions that must be met prior to closing such as the purchase of private mortgage insurance.  Contacts concerned parties to request and obtain specified, required, documents such as receipt for payment of outstanding tax bills or proof of property insurance.  Obtains and reviews the verbal verification of employment and pre-closing credit report to identify possible changes to the borrower(s) financial condition prior to loan consummation.  Coordinates loan closings, prepares the Closing Disclosure (CD), Note, Deed of Trust and other required closing documents.  Assembles the closing package for delivery to settlement agents/title companies.
  • Keeps track of closing appointments and is available when needed to resolve questions or issues at the closing table.  Responsible for authorization or rejection of any changes to the CD at the table; administers changes and re-transmits to the closing agent.
  • Completes mortgage and consumer loan closings daily to include accurate and timely reconciliation of all fees/figures to initiate and send wires to fund loans; retrieves loan information from the Loan Origination Software (LOS) and inputs/books to Core System.  
  • Post-closing duties include a review and completion of HMDA information, working with internal and external parties to obtain fully executed closing documents and review of executed closing documents for accuracy. adds customer identification to the Customer Information File record on Core System, ordering Gold Certificates for insured (Private Mortgage Insurance) loans and ensures loans are completed according to the vendors’ requirements.  Scans/files and indexes executed closing documents, borrower identification and completes the loan files in Encompass.
  • Ensures timely and accurate responses to all Quality Control findings. 
  • Identifies and may suggest or determine ways to improve workflow timing and efficiency. Assists with updating job related procedures, processes, and tracking reports.
  • Maintains a current working knowledge of conventional mortgage lending and internal policies and procedures through assigned on-line education courses, seminars, web-ex training and internal policy review.
    This list of essential functions is not necessarily exhaustive and may be supplemented, or otherwise revised by the employer, at its sole discretion.
  • Performs other duties as assigned.  
  • Have or obtain Notary Licensing.
  • Excellent listening, verbal, and written communication skills.
  • Strong interpersonal skills to work with a wide variety of internal and external customers.
  • Strong skills in organizing and planning, prioritizing, and retaining information. 
  • Strong computer skills and proficiency with loan industry software in addition to working knowledge of personal computers, Microsoft Word, and Excel.
  • Detail and number-oriented.
  • Ability to work independently, under pressure and demonstrate adaptability.
  • Ability to maintain confidentiality of customer information.
  • Demonstrated dependability.
  • Ability to handle changing priorities and flexibility to accommodate customer needs. 
  • High school diploma or equivalent.
  • Minimum two (2 ) years residential lending operations or origination experience.  
  • Must be able to remain in a stationary position for long periods of time (50%-75% of the time).
  • The person in this position needs to occasionally move about inside the office to access file cabinets, office machinery, etc.
  • Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.

Rosedale Federal Savings & Loan Association is an Equal Opportunity Employer, including disabled and vets.


Position No Longer Available
Job Summary
Employment Term and Type
Regular, Full Time
Hours per Week
Salary and Benefits
Eligible to participate in all benefits offered to Rosedale Federal employees to include Medical, Dental, Vision, and 401(k) programs.
Required Education
High School or Equivalent
Required Experience
2+ years
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