Closing Specialist

Lowell Five Bank • Tewksbury, MA • 13h ago

About Lowell Five:\ With nearly \$1.8 billion in assets, over 200 employees and 15 banking center locations throughout the Merrimack Valley and Southern New Hampshire, Lowell Five Bank is honored to play a vital role in the economic vitality of the region. Our employees are engaged in myriad community boards and organizations with the Banks support. We are proud of the longevity of our employees, and we are committed to finding new talent for our team. We offer career development and educational programs to support personal and professional growth along with a benefit package that supports each employees best life. For more information, please visit www.lowellfive.com.\ Essential Duties and 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\ Requirements:\

Minimum of two years experience in real estate loan closing strongly

preferred\

Working knowledge of various legal closing documents and TRID

regulations\

Willingness and aptitude to learn new systems is required to support

Bank growth and expansion of services; working knowledge of Microsoft Office is required and Finastra and/or Epic system(s) are preferred\

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

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