Residential Loan Closer

At Associated Bank, we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process.Under general supervision, support front-line sales in preparing residential mortgage loan closing documents. Critically analyze supporting loan documentation, validate that the loan is cleared to close, and ensure the loan is closed in accordance with underwriting approval. Address any relevant differences. Coordinate with other departments and vendors to resolve impediments to closing. Update MCP with final figures, fees, and data; rerun AUS as needed. Identify violations of underwriting loan tolerance limits and resubmit for review. Confirm that RESPA, TILA, HPML, or HOEPA violations have not occurred before sending out final loan closing documents. Accurately prepare the closing package and final Closing Disclosure (CD) in compliance with regulatory requirements, investor guidelines, and bank policy. Stay current with changes in investor overlays, regulatory, and internal guidelines to ensure compliance and loan eligibility.Job Accountabilities:Review supporting loan documentation for accuracy and completeness; complete the Closing Checklist. Confirm rate lock and document expiration dates are valid through the closing/disbursement date. Coordinate with relevant parties to validate the loan is clear to close and outstanding conditions are met. Order payoff statement updates for liens on the title commitment and loan approval letter.Complete closing screens in MCP with accurate data and fees. Generate and review the closing package and instructions, including the note, mortgage, rider(s), and affidavits.Prepare the final Closing Disclosure (CD) for borrower execution at closing. Review the CD to ensure compliance with regulatory requirements and bank policies.Review final title evidence for inconsistencies. Arrange corrections to ensure the bank holds a first lien position on the final title policy.Forward closing instructions to the settlement agent to meet requirements and facilitate final loan policy issuance. Balance fees with the settlement agent and update ELC before sending the final closing package and other necessary documents.Ensure timely receipt of the closed loan package from the settlement agent. Review signed documents, request outstanding conditions, and upload/dispose of the package. Send original signed documents to Records.Contact relevant agencies to ensure escrow accounts are correctly set up.Verify that no RESPA, TILA, or TRID timing violations have occurred. Perform PredProtect tests or manual HOEPA processes as applicable. Check that underwriting loan tolerance limits are not exceeded.Balance the funding amount with the settlement agent and wire funds via Associated Connect.Education: High School diploma or equivalent; combination of education and experience acceptable.Experience: 2-4 years of mortgage banking experience (processing, review) required.In addition to core benefits, we offer:Retirement savings plans including 401(k) and Pension.Paid community volunteer time off.Participation in diversity-focused Colleague Resource Groups.Competitive salaries with development opportunities.Bonus programs, well-being incentives, parental leave, employee stock purchase, military benefits, and more.Personal banking, loan, investment, and insurance benefits.Associated Bank serves over 120 communities across Wisconsin, Illinois, and Minnesota. Join our community on Facebook, LinkedIn, and X.Compliance Statement:We are committed to diversity and equal opportunity employment, respecting all individuals regardless of race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status. We comply with all applicable policies, laws, and regulations, including the Bank Secrecy Act. Employees must report suspicious activity, complaints, and ethical concerns through appropriate channels, including the anonymous Ethics Hotline. For accommodations during the application process, contact . We participate in E-Verify and are committed to pay transparency. The pay range for this role is $17.00 - $27.86 per hour, based on various factors. #J-18808-Ljbffr