Location:

4224 Ridge Lea Road - Amherst, New York 14226

ABOUT THE JOB (JOB BRIEF)

The Mortgage Loan Closer is responsible for viewing loan approval conditions, insurance policies, title commitments, surveys, sales contracts, and all other related documentation to ensure that the loan will be closed in accordance with all legal requirements and investor guidelines.  Authorizing closing of loan, recording of mortgage and disbursement of loan funds.  Communicate with Loan Officers, Regional Sales Managers, clients and title companies to coordinate a smooth closing. Possess the ability to close an array of mortgage loan types while providing excellent internal and external customer service.  Must have a complete knowledge of all loan types and documents including but not limited to Conventional, FHA, VA, USDA, and New Construction. Must demonstrate solid knowledge of the industry in terms of laws and regulations. 

ESSENTIAL JOB FUNCTIONS

Verify that Title is free of extraneous liens, Ensure proper vesting and legal description, Adequate Homeowners Insurance is provided, Verify CPL, Verify Flood Certs, Verify TaxesMonitor and maintain a pipeline to anticipate estimated closing date.Competently review loan files to insure all conditions are cleared and file is ready to closeEntry of loan data into the origination system to produce closing documents.Review and ensure the loan closing package is accurate, complete and documents meet all applicable agency and investor requirements.Responsible for efficiently and effectively communicating with all parties involved in the transactionEnsure receipt and review of Subordination Agreements as required in the Loan Approval.Track and support information, ensuring the highest quality in loan document preparation and timely submission of loan packaging to the settlement agents. Coordinate with Settlement Agent to obtain HUD-1/Closing Disclosure.  Review HUD/Closing Disclosure for compliance with closing instructions and balance the HUD-1/Closing Disclosure.Verification that all requirements of the loan process have been met prior to wire of fundsKeeps information accessible by sorting, organizing, and filing documentsPerform other job duties and assist with other office assignments when needed within the mortgage department

REQUIRED QUALIFICATIONS

High school diploma or equivalent work experience requiredMinimum of 2+ years residential mortgage loan closing experience strongly preferredWorking knowledge of FHA, VA and conventional guidelines for mortgage loan origination strongly preferredWorking knowledge of various regulatory guidelines (e.g., Truth-in-Lending, HMDA, RESPA, etc.) preferredAbility to work in paperless system environmentExcellent written and verbal communication skillsStrong attention to detail with effective time management/organizational skills.Ability to prioritize and meet deadlinesAbility to handle multiple tasks under tight time constraints with high volumeMust demonstrate the ability to work in a fast-pace, high volume, market driven work environment, while remaining motivated and focused completing repetitive, yet business critical tasksAbility to handle confidential material in a professional, highly ethical manner.

COMPENSATION AND BENEFITS

This position is eligible to earn a base hourly rate in the range of $24 to $28 per hour depending on location and job-related factors such as level of experience. Compensation for this role also includes short-term incentive compensation subject to individual and company performance.

Please click here for a list of benefits for which this position is eligible.

Job Posting Expiration Date: 09/26/2025

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.