Kate Paden
Mexico,MO
Summary
Dynamic Senior Mortgage Loan Closer with extensive experience at Central Bank, excelling in closing coordination and regulatory compliance. Proven track record of enhancing efficiency in loan processes while maintaining exceptional attention to detail. Strong communicator and problem-solver, adept at managing high volumes of loans and ensuring client satisfaction.
Overview
27
27
years of professional experience
Work History
Senior Mortgage Loan Closer
Central Bank
06.2017 - Current
- Oversaw final loan document preparation ensuring compliance with regulations and internal policies.
- Coordinated closing processes, facilitating communication among lenders, borrowers, and title companies.
- Reviewed loan files for accuracy and completeness, identifying discrepancies before closing.
- Implemented process improvements that enhanced efficiency in loan closing timelines.
- Analyzed closing disclosures for accuracy, ensuring all financial aspects aligned with client expectations.
- Managed a high volume of loans simultaneously while maintaining strict attention to detail and organization for each file.
- Collaborated with underwriters and processors to resolve any discrepancies in loan documentation prior to closing.
- Ensured accuracy in preparation and distribution of necessary paperwork for real estate transactions during mortgage closings.
- Overcame complex challenges during the loan closing process by leveraging extensive industry knowledge and problem-solving skills.
- Compiled closing packages for drafting and presentation accuracy.
- Communicated with clients, processing teams and other third parties to achieve prompt loan closings.
- Checked loan documents for accuracy prior to closing.
Mortgage Loan Assistant/Processor/Closer
Central Bank of Audrain County
06.2006 - 08.2017
- Coordinated loan application processes, ensuring compliance with regulatory requirements and company policies.
- Assisted in preparing and reviewing loan documentation, enhancing accuracy and reducing processing time.
- Managed client communications, providing updates on loan status and addressing inquiries promptly.
- Collaborated with underwriters to facilitate timely approvals, streamlining workflow efficiency.
- Communicated with customers daily to request information and complete paperwork.
- Assembled important paperwork and disclosures for borrower.
- Monitored key dates to obtain information by deadlines.
- Monitored full life cycle of loan from initial application to final funding.
- Worked with applicants to obtain missing details and verify information.
- Managed pipeline efficiently, prioritizing tasks based on deadlines while consistently meeting performance targets.
- Maintained excellent communication channels between clients, loan officers, and underwriters to ensure prompt resolution of issues during application process.
- Ensured compliance with federal and state regulations by keeping up-to-date knowledge of industry changes.
- Uploaded financial history paperwork and loan documents to Software.
- Improved accuracy in borrower''s information verification process through meticulous attention to detail when reviewing documentation against application data inputs.
- Supported underwriters, ensuring efficient workflow through timely submission of completed files.
- Expedited closings by coordinating effectively with title companies and attorneys throughout the settlement process.
- Communicated with clients, processing teams and other third parties to achieve prompt loan closings.
- Checked loan documents for accuracy prior to closing.
- Reviewed and validated details of loan applications and closing documentation.
- Collected and compiled paperwork such as title abstracts, insurance paperwork, loan files and tax histories.
- Readied Truth-in-Lending Disclosures for loan applicants, delivering important information about loan APR and repayment terms.
Bank Teller
Central Bank of Audrain County
08.1998 - 06.2006
- Processed customer transactions efficiently and accurately.
- Assisted customers with account inquiries and provided product information.
- Maintained cash drawer balance and ensured compliance with security protocols.
- Collaborated with team members to improve service delivery and customer satisfaction.
Education
Business Administration
Columbia College
Columbia, MOAssociate of Arts -
Moberly Area Community College
Moberly, MOHigh School Diploma -
Mexico High School
Mexico, MO05.2000
Skills
- Closing procedures
- Title examination
- Closing coordination
- Teamwork
- Customer service
- Time managemen
- Attention to detail
- Problem-solving abilities
- Multitasking
- Reliability
- Excellent communication
- Customer service-focused
- Organizational skills
- Team collaboration
- Effective communication
- Adaptability and flexibility
- Verbal and written communication
- Microsoft office
- Data entry
- Task prioritization
- Time management abilities
- Document review
- Credit analysis
- Appraisal analysis
- Funding coordination
- Residential mortgage lending regulations
- Document analysis
- Regulatory compliance
- Multitasking Abilities
- Active listening
Self motivation
- Interpersonal skills
- Professionalism
Additional Information
Expert Encompass User
Timeline
Senior Mortgage Loan Closer
Central Bank
06.2017 - Current
Mortgage Loan Assistant/Processor/Closer
Central Bank of Audrain County
06.2006 - 08.2017
Bank Teller
Central Bank of Audrain County
08.1998 - 06.2006
Business Administration
Columbia College
Associate of Arts -
Moberly Area Community College
High School Diploma -
Mexico High School
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