Residential Loan Closer II

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If you’re looking to build your career at a forward-thinking organization with deep community roots and a vision for growth, success, and giving back, you’ve come to the right place.

Get to know us:

• We’re your local community bank—and have been since 1875—that is committed to providing excellent customer service and giving back to our communities.

• We foster a collaborative, inclusive work environment as part of a close-knit team where your voice is valued and heard.

• Our highly engaged employees are rewarded for their performance and have ample opportunities for cross-training and advancement within the organization.

• We’ve been named one of the best places to work in Maine, and offer robust benefits focused on your holistic well-being.​

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Position Summary: 

The Residential Mortgage Closer II position is responsible for preparation of residential mortgage closings in a timely and compliant manner to facilitate an outstanding and on-time closing experience. Essential functions are noted below; however, at Camden National responsibilities may evolve over time given organization, technological and/or staffing changes.  At any point other duties may be assigned.

Essential Duties and Responsibilities: 

• Obtain necessary information (i.e. pre-CD, CNB Real Estate Tax Forms) prior to closing to process and complete the mortgage loan closing in accordance with TRID Regulations, specific loan products, investor guidelines and/or insuring/guaranty agency

• Send out closing documents verifying all documentation for accuracy and completeness, requesting and receiving any necessary corrected documentation

• Responsible for all subsequent CDs prior to the file being assigned to Post Closing

• Prepare and track borrower’s receipt of Closing Disclosure per TRID regulations

• Collaborate with closing agents on final loan figures for the Closing Disclosure

• Prepare closing packages for all types of Conventional, FHA, RD, MSHA, and VA loans in all states                                                                                

• Responsible for all Post Consummation CDs and any corrective closing documentation that may be required after the loan has funded

• Provide excellent customer service and problem-solving with all parties to the loan before, during and after  closing

• Complete the appropriate milestones to send the loan to funding and ensuring that all file alerts and compliance warnings are addressed

• Board the loan to the servicing platform via CCMC bridge

• Register loans with MERS within 3 days of the disbursement date and transfer loans on MERS platform within 3 days of the purchase advice date.

• Provide back up support on Home Equity Closings

• Contribute to continuous service improvements and help implement process and procedures changes

• Review documentation and underwriting conditions, verifying closing instructions and package are correct

Basic Qualifications: 

• High school diploma or general education degree (GED); or one to three months related experience and/or training; or equivalent combination of education and experience

• Basic knowledge of field concepts, practices, and procedures

Skills and Abilities: 

• Excellent written, organizational and communication skills

• Proven research and problem solving skills

• Persistence in achieving goals

• Flexibility and adaptability

• High level of independent thinking and judgment

• Time management skills and ability to prioritize tasks and meet deadlines

• Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions

• Ability to deal with problems involving a few concrete variables in standardized situations

• Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization

• Ability to work independently

Supervisory Skills: 

• This job has no supervisory responsibilities

Career Path and Job Family: 

• Residential Loan Closer III

• Mortgage Banking Closing & QC Manager

The statements contained herein reflect general details as necessary to describe the principle functions for this job, the level of knowledge and skill typically required, and the scope of responsibility, but should not be considered an all-inclusive listing of work requirements.  Individuals may perform other duties as assigned, including work in other functional areas to cover absences or to equalize peak work periods to balance workloads.

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Our comprehensive total rewards package offers something for everyone!

• Robust medical, dental, and vision insurance packages
• Generous time off, including paid federal holidays and paid day off for your birthday
• 401(k) retirement savings plan
• Tuition reimbursement, professional development, and career growth opportunities
• Employee assistance program
• Comprehensive wellness program

Pursue a career at Camden National Bank and apply today.  We can't wait to hear from you!

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We are guided and inspired by our Core Values:

• Honest and Integrity above all else
• Trust built on fairness
• Service that creates remarkable experiences
• Responsibility to use our resources for the greater good
• Excellence through hard work and lifelong learning
• Diversity realized through inclusion and respect

Equal Opportunity Employer

Employment with Camden National is on an at-will basis, meaning employment is not guaranteed for any specific period of time, and any employment relationship established may be terminated by either party at any time, for any reason, with or without notice. Completion of an employment application is not a contract, express or implied, guaranteeing employment. Camden National Bank is an Equal Opportunity Employer and does not discriminate on the grounds of race, color, religion, sex, sexual orientation, including gender identity and gender expression, national origin, citizenship status, age, disability, genetic information or veteran status.

Learn more about why employees love working at Camden National Bank!​