Loan Closer Goals and Objectives Examples
Close an average of five loans per week.
Meet or exceed all deadlines for loan closings.
Ensure all required paperwork is completed accurately and in a timely manner.
Maintain a high level of customer satisfaction with each loan closing.
Keep track of loan statuses and provide regular updates to customers, loan officers, and other stakeholders.
Maintain a thorough knowledge of lending regulations and guidelines.
Collaborate with underwriters, loan processors, and other team members to ensure smooth loan closings.
Communicate clearly and professionally with all individuals involved in the loan closing process.
Manage multiple loan closings simultaneously without sacrificing accuracy or quality.
Ensure all loan documentation meets internal and external audit standards.
Work closely with the funding department to ensure timely wire transfers.
Maintain an organized filing system for all loan documentation.
Assist loan officers with document preparation and review.
Provide recommendations for process improvements to increase efficiency and reduce errors.
Ensure all loan files are complete and accurate prior to closing.
Obtain all necessary signatures and notarizations on closing documents.
Verify loan terms and conditions before closing.
Address any issues that arise during the closing process and find solutions to resolve them quickly.
Stay up-to-date on industry best practices and trends in loan closing.
Attend regular training sessions to stay informed of changes in lending regulations and guidelines.
Build strong relationships with customers to encourage repeat business and referrals.
Deliver excellent customer service at every stage of the loan closing process.
Ensure compliance with all state and federal laws governing lending practices.
Take ownership of the loan closing process from beginning to end.
Inform borrowers of their rights and responsibilities as outlined in loan agreements.
Maintain confidentiality of borrower information at all times.
Provide accurate and timely information to all parties involved in the loan closing process.
Identify and resolve discrepancies in loan documentation.
Work closely with title companies to ensure a smooth closing process.
Develop and maintain a positive working relationship with all team members.
Assist loan officers with rate locks and pricing adjustments.
Verify borrower employment and income information prior to closing.
Ensure all fees are collected and disbursed properly at closing.
Obtain all necessary third-party reports and verifications for loan closing.
Manage post-closing processes, including document retention and shipping.
Provide guidance and assistance to borrowers on any questions or concerns they may have about the loan closing process.
Ensure compliance with company policies and procedures.
Conduct quality control checks on loan files before final submission.
Maintain accurate records of loan closings and related activities in company systems.
Attend industry events to network and stay informed about new products and services.
Build rapport with real estate agents and other referral sources to generate new business opportunities.
Ensure timely delivery of loan packages to investors or secondary market buyers.
Coordinate with escrow companies to schedule closings.
Train new loan closers on company policies, procedures, and best practices.
Seek feedback from customers and team members to identify areas for improvement.
Review all closing documents for accuracy and completeness.
Resolve any issues related to funding or wire transfers quickly and efficiently.
Monitor loan pipeline to ensure all loans are processed within agreed-upon timeframes.
Collaborate with funding department to clear any post-funding conditions.
Verify that all necessary disclosures have been provided to borrowers prior to closing.
Review loan packages for compliance with investor guidelines.
Support underwriters in verifying loan requirements are met prior to closing.
Develop strong relationships with attorneys, title companies, and other service providers involved in the loan process.
Monitor appraisal orders to ensure timely completion.
Work closely with loan processors to resolve any issues that may arise during processing.
Keep borrowers informed of any changes to the loan closing process or requirements.
Ensure all loans are closed in accordance with company policies and procedures.
Review closing statements and settlement statements for accuracy.
Report any fraudulent activity related to loan closings to management.
Maintain awareness of market conditions and interest rates to provide accurate information to borrowers.
Coordinate with title companies to obtain title commitments and resolve any title issues prior to closing.
Provide support to loan officers in structuring complex loan scenarios.
Verify that all loan documentation is signed and dated correctly before closing.
Follow up with customers after the loan closing to answer any questions or concerns they may have.
Provide guidance to borrowers on obtaining homeowner's insurance and setting up escrow accounts.
Collaborate with post-closing team to ensure all post-closing tasks are completed accurately and in a timely manner.
Assist in preparing reports and other documentation for management review.
Stay informed of changes in state and federal regulations related to lending practices.
Provide training and coaching to loan officers on the loan closing process as needed.
Work with accounting department to ensure all loans are properly booked and funded.
Ensure all required fees, taxes, and assessments are collected and disbursed at closing.
Review all closing documents for compliance with applicable laws and regulations.
Process and verify wire transfer requests for funding loans.
Ensure all loan documentation is securely stored and maintained according to company policies.
Work closely with customers to ensure a smooth and positive loan closing experience.
Conduct regular quality assurance reviews of loan files to identify errors or discrepancies.
Assist underwriters in reviewing credit reports for accuracy and completeness.
Verify all borrowers meet eligibility criteria for loan products prior to closing.
Follow up with customers after loan funding to ensure satisfaction and answer any questions or concerns.
Provide guidance to loan officers on best practices for loan structuring and documentation.