Mortgage Loan Closer, BR 10 - Mortgage Ops; 10.8.24
Remote Worker - N/A
Description

JOB SUMMARY: A Closer maintains the workflow of the closing process, from sending initial closing disclosures through issuing closing documents and funding the loan. 


ESSENTIAL FUNCTIONS:

  • Maintain a pipeline of loans from initial closing disclosure through funding
  • Maintain required company turn times and SLA’s
  • Completely audit loans to ensure the loans meet both company and investor guidelines prior to delivering the loans to an investor 
  • Ensure the policies have enough coverage, for example sufficient dwelling coverage on Hazard Insurance. 
  • Prepare and send initial closing disclosures as requested
  • Prepare and send any changes of circumstances disclosures on CD’s as necessary
  • Work with title companies or settlement agents to balance necessary closing documents ensuring accuracy and quality of work
  • Issue final closing documents to borrower and settlement agents 
  • Work with various parties (internal and external) to obtain needed documentation to cure/resolve all items that may affect the salability of the loan in a timely manner
  • Request wires timely for loans funding
  • Review files against a checklist and provide authorization to release funds
  • Complete post closing closing disclosures and assist post closers in the salability of the loan
  • Assist team members as needed, during times of peak volume and staff absences
  • Assume additional responsibilities/duties/projects as they arise


QUALIFICATIONS:

  • Must have a minimum of 2 years of mortgage experience in a closing role
  • Working knowledge of Conventional and Government loans
  • Strong attention to detail
  • Ability to problem solve
  • Working in a fast pace environment 
  • Good Microsoft Office Skills (Excel, Outlook, and Word)
  • Works independently
  • Reliable, Team Player