Loan Closer

The Loan Closer is responsible for processing and closing mortgage and installment loans in accordance with Bank guidelines.

Essential Job Functions:

• Provide excellent customer service to both internal and external customers.
• Calculate settlement statements.
• Send settlement statements and GFE to title company.
• Prepare mortgage and consumer loan documents.
• Provide closing services on Helocs, construction loans, installments, Bank properties, cash closings.
• Data input for Consumer loans.
• Organize documents in their proper place in the file once the closing is completed.
• Complete wiring instruction.
• Obtain insurance and payoffs for closing.
• Verify employment for borrowers.
• Prepare loan checks.
• Complete HMDA information.
• Prepare loans in progress report bi-weekly.
• Collect year end data and prepare the CRA report binder for the Bank and Public CRA files for Bank and all branches for annual Board approval.
• Prepare labels for closing folders.
• File information with Real Indiana.
• Acquire and maintain Indiana Notary Public status.
• Participate in community events and organizations as a representative of THSB.
• Comply with all Bank policies and procedures.
• All other duties as assigned.

Requirements:

• Completed High School diploma or GED.
• Previous banking experience in areas of mortgage lending, loan review, credit analysis, loan administration, lending, loan regulatory compliance or credit underwriting strongly preferred.
• ACH and HMDA experience preferred.
• Freddie and FHA-VA closing experience preferred.
• Good knowledge of general banking products and procedures.
• Good knowledge of all areas in the consumer and loan area department.
• Knowledge of loan documents.
• Ability to prioritize and make on-the-spot decisions regarding customer transactions, weighing customer satisfaction issues with Bank exposure to loss or fraud.
• Detail oriented with strong organizational, analytical and communication skills.
• Ability to work independently.
• Exhibit good judgment in decision making and problem solving.
• Ability to work independently and take control of processes and procedures.
• Ability to multi-task and work effectively with colleagues, managing time and resources to ensure work is completed efficiently and within established time frames.
• Effective verbal and written communication skills.
• Excellent customer service skills.
• Mathematical skills.
• Ability to work under pressure in a fast-paced environment.
• High degree of accuracy.
• Data entry
• Basic computer operation and knowledge of Microsoft Suite programs.
• Knowledge of various federal regulations including Bank Secrecy Act, Community Reinvestment Act, Americans with Disabilities Act, Right to Financial Privacy Act, Gramm-Leach-Bliley Act, Regulation E, Regulation Z, Fair Lending, Regulation C, Regulation X, Selected CFPB Regulations.
• Transporting files up to 25lbs.
• Able to lift, stretch and be mobile for this position.

The Hometown Savings Bank is an Equal Opportunity Employer

Job Type: Full-time

Pay: From $17.50 per hour

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday
• Weekend availability

Education:

• High school or equivalent (Required)

Experience:

• Banking: 1 year (Preferred)
• Loan Closing: 1 year (Preferred)

Work Location: In person

To apply, visit https://www.thsb.com/home/about-us/careers