Would anyone be able to tell me what position we could be placing the bank in if it enabled the head of lending department to close loans? This person is a lawyer but he is also approving the loans and a second name signoff on the wire transfer and bank issued check for funding.?

Our loan officers close their own loans. Is he a bank lawyer or just certified to practice law?

Sorry I meant to say residential mortgage loan closings and no he is not a bank lawyer, an esq. or something. We close the home equities ourselves - no bank attorney required.
Do your loan officers approve the loans they close?

Ours do...but we no longer allow them to handle issuance of the proceeds...they must be signed by another employee.

We are rather small. Another party does the underwriting, all are approved by either 2 lenders or a committee. They close the loans and sign the checks. They do not process.