How to Become a Loan Closer in Texas

Loan closers review the details of mortgage contracts with buyers.

Loan closers in Texas are responsible for reviewing real estate finance contracts for individuals purchasing property. Loan contracts must have the correct interest percentage, contract term length and any clauses for cancellations or loan defaults. Loan closers typically do not need a college education to work in their field, however, closers do need mortgage broker certification to operate in the state of Texas.

Instructions

1. Obtain your Texas high school diploma or GED certificate, if you have not done so already. Loan closing certificate programs require a high school education to enroll in classes.

2. Locate a Texas mortgage broker training school to complete your education as a Texas loan closer. Mortgage broker schools teach the specifics of real estate loan contracts, including contract creation, negotiation and closing. Mortgage loan license courses take approximately 20 hours to complete and cost a few hundred dollars. At the end of the course, you will take a multiple-choice test covering the mortgage loan process.

3. Complete the application to be a notary public in the state of Texas. To complete loan contracts for mortgage companies in Texas, you need to be a notary public. To complete the form, you need your Social Security number, driver's license and $21 for the registration fee. Mail the form to the address at the bottom of the form and wait for your notary stamp and certificate to arrive in the mail.

4. Create a resume to give to mortgage companies in Texas for which you want to work. Your resume should list your mortgage license training and that you are a notary public. Include other schools from which you have graduated and your personal information.

5. Find mortgage brokers in Texas that are close to your home. Ask the human resources department of a mortgage broker if there are positions in the company. Bring copies of your resume to hand to interested managers or human resource personnel. Check classified job listings in your area as well for loan officer positions with mortgage lenders.

6. Interview with prospective companies in Texas. Loan closing is a professional business, so wear a suit or comparable level of dress when interviewing.

References

• Education Portal: Loan Closer: Job Description and Requirements for a Career As a Loan Closer
• Texas Notary: Application
• The Mortgage Training Center: Texas Mortgage Broker License
• Texas Legislature: Residential Mortgage Loan Servicers

Resources

• MortgageX: Texas Mortgage Lender Directory
• CareerOneStop: CareerOneStop's Resume Guide