At The Peoples State Bank, our Mortgage Loan Processors and Closers are a detail-oriented, organized group who serve as a bridge between the Mortgage Loan Originators and the title companies. When a borrower “closes” on a home, they become the legal owner of the house. Before our clients go to their closing, our Processors and Closers are hard at work organizing all of the documents the homebuyers will need to sign at the closing table before receiving the keys to their new home.

In addition to making sure all the details are accurate in the closing documents, our Closers create the Closing Disclosure, which provides the borrower with final closing costs numbers for their purchase of refinance of their home. The Closing Disclosure will typically include the final loan amount, real estate taxes, insurance, recording fees, title fees, and any other fees a borrower may be required to pay as part of the purchase or refinance of their home. 

The Processors and Closers at The Peoples State Bank are also responsible for ordering appraisals, ordering title work, coordinating the closing with the title company, preparing the wire transfers for closing, and many of the little details needed to ensure a smooth process for our borrowers. They work closely with our Mortgage Loan Originators to identify and solve any issues in the loan paperwork before the borrowers get to their final closing.

At The Peoples State Bank, we have a wonderful team of Processors and Closers, with a few pictured here.