Mortgage Closer

SUMMARY: Close residential mortgage loans insuring the loan complies with Farmers National Bank's lending policy, secondary investor guidelines, and Federal and State Lending Regulations. Prepare closing documents in a timely manner, and communicate promptly with title companies, loan originators, and other parties.

ESSENTIAL DUTIES and RESPONSIBILITIES include, but are not limited to the following:

• Review closing conditions, and coordinate closing with loan originator and the assigned title company
• Verify employment and obtain proof of hazard insurance
• Prepare Initial CD within applicable time frames and provide to title company for balancing
• Verify accuracy and tolerance levels.
• Prepare loan closing package with complete instructions to title company, ensuring all at-close conditions are included.
• Utilize and review third party software, such as Mavent to document loan compliance.
• Prepare General Ledger Entries and balance the wire.
• Retrieve and assign signed closing documents in the loan system prior to funding approval to the title company
• Accountable for adhering to proper "key" controls developed within departmental processes or has notified the Processing and Closing Manager in writing of any exceptions.
• Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money laundering procedures. Maintain compliance with all appropriate laws and regulations
• Accept other responsibilities and projects as requested by management to add value for Farmers National Bank.
• Regular, predictable attendance is an essential requirement of this position

EDUCATION and/or EXPERIENCE:

• High School Diploma (or GED) required
• Bachelor's degree in a Business related field or minimum of one (1) year of mortgage closing experience preferred
• Minimum competencies required: Attention to Detail, Customer Service, Communication Skills (Interpersonal, Verbal, Written, Presentations), Organization, Teamwork, Problem Solving, and Consultative Sales
• Knowledge of mortgage lending functions and title closing required
• Ability to effectively use computer software and systems
• Knowledge of banking mortgage regulations required including disclosure requirements

Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran