Loan Closing Officer

Welcome to Comerica Bank, a trusted financial institution dedicated to providing exceptional service to our clients. We are currently seeking a highly motivated and detail-oriented individual to join our team as a Loan Closing Officer. In this role, you will be responsible for overseeing the final stages of our loan process, ensuring accuracy and compliance with all regulations. Our ideal candidate has a strong background in banking and lending, exceptional communication skills, and a commitment to delivering excellent customer service. Join us and help us continue to provide top-notch financial solutions to our valued customers.

1. Oversee and manage the final stages of the loan process, ensuring accuracy and compliance with all regulations.
2. Work closely with loan officers, underwriters, and other team members to ensure a smooth and timely closing process for our clients.
3. Review loan documents and ensure all necessary information and signatures are gathered and accurate.
4. Communicate with clients, attorneys, and other parties involved in the loan closing process to obtain any missing information or documentation.
5. Maintain a thorough understanding of all loan products, policies, and procedures to accurately guide clients through the closing process.
6. Review and verify loan documents for accuracy and completeness, including loan terms, interest rates, and fees.
7. Coordinate with title companies, appraisers, and other necessary third parties to obtain required documentation and ensure timely closings.
8. Ensure all loan closing documents are prepared and executed in accordance with applicable laws and regulations.
9. Provide exceptional customer service to clients, responding promptly to inquiries and addressing any issues or concerns.
10. Stay up-to-date on industry and regulatory changes to ensure compliance and provide guidance to team members as needed.
11. Maintain accurate and organized loan files and documentation.
12. Collaborate with other departments and team members to improve processes and enhance the overall customer experience.
13. Assist in training and mentoring new loan closing officers as needed.
14. Represent Comerica Bank in a professional and positive manner at all times.

According to JobzMall, the average salary range for a Loan Closing Officer in Farmington Hills, MI, USA is between $50,000 to $70,000 per year. However, this can vary depending on the specific company, experience level, and other factors.

Comerica Incorporated is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.