Fifth Third Bank ยท 1 day ago
Credit Center Processing And Closing Specialist
Grand Rapids, MI
Full-time
Onsite
Mid Level
$44K/yr - $73K/yr
3+ years expFifth Third Bank is a financial institution that connects great people to great opportunities. They are seeking a Credit Center Processing and Closing Specialist to perform a wide range of duties related to the processing and closing of consumer real estate secured loans, ensuring compliance and accuracy in documentation and communication throughout the loan process.
BankingCommercial LendingFinanceFinancial ExchangesFinancial ServicesLendingMedia and EntertainmentMortgage
Responsibilities
Retrieve and review needed documents for accuracy and compare to final loan approval and regulatory disclosures
Compile and review documents to create final closing package from various sources including internal applications, imaging, vendors, underwriting and retail
Communicate with parties involved correcting defects and ensuring all conditions and regulatory requirements are met
Record, monitor and report deficiencies and required remedies, including steps taken to resolve issues
Ensure deficiencies are accurately resolved and documentation is received within established deadlines
Completes Clear to Close checklist and Closing Packages on all loan products. Partnering with Retail to ensure smooth closing process for the customers
Manage Clear to close Must Answer Chat Line' for general and application specific questions
Act as a liaison to define business requirements and/or problems and initiate maintenance of existing documentation
Coordinate with IT on systemic issues that impact loan closings and communicate issues along with anticipated timelines to Retail
Update request in ACAPS and other systems for the resolution of and pre-closing discrepancies
Verify Determine change of circumstance and correctly document in file
Ensure re-disclosure was performed timely based on the new information received within the bank
Validate that fees disclosed on the closing disclosure were within the allowable tolerances and compared to the last disclosed loan estimate based on a valid changed circumstance that followed the required time period for re disclosure
Validate or verify that loan is set-up correctly with proper signers according to title company requirements
Confirm waiver dates and mail time (appraisals, other disclosures) were followed accurately and the earliest acceptable close date updated appropriately
Handle any remediation efforts that are needed during post close review regarding the above mentioned tasks
Research, document, and clear unexpected liens on title
Work with vendors and other third parties to assist with lien clearance
Understand and be able to explain consumer loan documents including notes, loan estimates, closing disclosures, security agreements, and others
Understand and be able to explain customer income documents such as paystubs, W2s, personal and business tax returns
Coordinate with third parties and utilize internal vendors to process applications including, but not limited to, ordering and verifying payoffs from other lenders and verifications of employment
Manage a pipeline of consumer loan applications to ensure accurate and timely processing
Perform any other duties as assigned
Qualification
Required
Must live within 30 miles of Farmington Hills or Grand Rapids, MI
Bachelor's degree or equivalent combination of experience/education
Minimum 3 years of prior experience in underwriting, closing, post-closing, processing, or real estate documentation area of a title company or financial institution
Knowledge of RESPA/TILA requirements, compliance, and overall origination processes (including processing, underwriting, closing, funding)
Professional written and verbal communication skills
Ability to proactively resolve problems
Demonstrated teamwork and high level of customer service
Time management, attention to detail and ability to work in a fast-paced, process-centered changing environment
Must be well organized and be able to plan for and meet production deadlines
Proficient Microsoft Office suite skills required
Company
Fifth Third Bank
Fifth Third Bancorp is a financial services company that specializes in small business, retail banking, and investments. It is a sub-organization of Fifth Third Bank.
10001+ employees
H1B Sponsorship
Fifth Third Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2021 (2)
2020 (43)
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Leadership Team
B
Bryan Preston
Chief Financial Officer
Maria Holmes
VP, Senior Manager Corporate Sponsorship
Recent News
2026-01-13
DBusiness Magazine
2026-01-08
2026-01-06
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