A professional who completes mortgage transactions between loan establishment, sellers, and borrowers after loans have been approved. Responsibilities include:

• Verifies completeness of data on loan papers.
• Answers questions of buyers and sellers relating to details of transaction and obtains signatures of principal parties on necessary documents.
• Closes out seller's interest in property by presenting seller with check to cover seller's equity.
• Operates office machines to compute rebates or adjustments.
• Prepares and mails rebates and other papers to clients.