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 the preparation of residential mortgage loan closing documents. Critically analyze supporting loan documentation validate loan is cleared to close and ensure loan is closed in accordance with underwriting approval. Address any differences if relevant. 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 to underwriting loan tolerance limits and resubmit to underwriting for review. Confirm that RESPA TILA HPML or HOEPA violations have not occurred prior to sending out final loan closing documents. Accurately prepare closing package and final Closing Disclosure (CD) in compliance with regulatory requirements investor guidelines and bank policy. Stay current of changes in investor overlays regulatory and internal guidelines to ensure compliance and loan eligibility.

Job Accountabilities
Review supporting loan documentation for accuracy/consistency and complete Closing Checklist. Confirm rate lock and document expiration dates are valid through the date of closing/disbursement. Coordinate with appropriate parties to validate loan is clear to close and outstanding conditions have been met. Order payoff statement updates for liens reflected on title commitment and loan approval letter.
Complete closing screens in MCP with accurate data and fees. Generate/review closing package and instructions including but not limited to the note mortgage rider(s) and affidavits.
Accurately prepare final Closing Disclosure (CD) for borrower execution at closing. Critically review CD to ensure adherence to regulatory compliance requirements and bank policy.
Complete final review of title evidence for any inconsistencies. Make arrangements with the appropriate parties to the transaction for correction ensuring that Associated Bank will have a first lien position on the final title policy.
Forward closing instructions to settlement agent to ensure our requirements are met and final loan policy can be issued. Balance fees with settlement agent and update ELC accordingly prior to sending final closing package and any other specialty documents required for closing.
Ensure timely receipt of closed loan package from settlement agent. Review signed loan documents per policy and request outstanding at-closing conditions. Upload/disposition package and ship original signed documents to the Records Department.
Contact insurance agents municipalities treasurer offices and/or tax assessors to ensure that escrow accounts are set up correctly.
Ensure RESPA TILA or TRID timing violations have not occurred. Perform PredProtect test or manual HOEPA process as applicable. Verify underwriting loan tolerance limits have not been exceeded.
Balance funding amount with settlement agent and wire funds via Associated Connect.

Education
High School or equivalent combination of education and experience Required

Experience
2-4 years Mortgage banking experience (i.e. processing review). Required

In addition to core traditional benefits we take pride in offering benefits for every stage of life.

• Retirement savings including both 401(k) and Pension plans.

• Paid time off to volunteer in your community.

• Opportunities to connect with others through our diversity-focusedColleague Resource Groups.

• Competitive salaries with professional development and advancement opportunities.

• Bonus benefits including well-being programs and incentives parental leaveanemployee stock purchase plan military benefits and much more.

• Personal banking loan investmentand insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the our community onFacebookLinkedInandX.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race religion color sex national origin age sexual orientation gender identity disability or veteran status among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Banks anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application interview and hiring process. Please contactif you need an accommodation at any time during the process.

Associated Banc-Corp is an Affirmative Action andEqual Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including but not limited to work location skills experience education and qualifications for the role.

$17.00 - $27.86 per hour