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Loan CloserReviewed May 2017Position Title: Consumer Loan Closer Reports to: Consumer Loan Manager Category: Nonexempt Status: Regular FullTimePosition summary: Prepare, assemble and verify closing

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What is loan closer?

Loan closer is the final step in the mortgage process where all necessary paperwork is signed and the loan is officially closed.

Who is required to file loan closer?

The lender or the closing agent is required to file loan closer.

How to fill out loan closer?

Loan closer is typically filled out by the closing agent and signed by both the borrower and the lender.

What is the purpose of loan closer?

The purpose of loan closer is to finalize and document the terms of the loan agreement.

What information must be reported on loan closer?

The loan amount, interest rate, closing costs, and payment terms must be reported on loan closer.

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