Job Title : Closer
Department : Agency Operations
Reports To : Agency Operations Manager
FLSA Status : Non-Exempt
Management : No
Salary Range : $65000 - $75000
PRIMARY FUNCTIONS : The Mortgage Loan Closer is responsible for preparing reviewing and finalizing loan closing documentation to ensure accuracy and compliance with regulatory requirements and company policies. This role plays a critical part in delivering a smooth closing experience for borrowers and partners.
ESSENTIAL DUTIES AND RESPONSIBILITIES :
- Audit file for completeness and accuracy
- Coordinate with brokers escrow / title companies and / or attorneys to schedule closings
- Prepare loan documents and ensure closing package is complete and fully compliant with federal state and investor guidelines
- Coordinate with settlement agents for timely funding and disbursement
- Audit executed loan documents including HUD and TILA sections of loan packages to confirm proper execution accuracy and compliance
- Verify accuracy of fees payoffs and funding amounts
- Follow up on documentation discrepancies and communicate effectively to correct issues
- Prepare funding figures and request wire for funding after balancing with settlement agents
- Confirm all prior to funding conditions are satisfied
- Manage loan data indexing accurately and according to company policies and procedure
- Maintain detailed records and update LOS as required
- Provide exceptional customer service to internal and external stakeholders
DESIRED PERSONAL CHARACTERISTICS :
Strong communication and problem-solving skillsAbility to work independently and meet deadlinesAbility to manage multiple files in a fast-paced environment.Customer-focused mindsetDetail oriented and committed to the highest qualityWorks well under pressureAn open-minded individual that embraces change and innovationEDUCATION :
High School Diploma or equivalentEXPERIENCE :
Minimum of 3 years of recent experience as a mortgage loan closerStrong knowledge of mortgage documentation compliance and closing procedures.Proficiency in loan origination systems and Microsoft Office Suite.Excellent attention to detail and organizational skills.Experience with conventional FHA VA productsThorough knowledge of first mortgage real estate lending practices including current federal regulatory requirements and state regulationsExperience with USDA and DPA products preferred not requiredPHYSICAL REQUIREMENTS :
This position is in an office setting with computer and general office equipment. The position requires the ability to move freely around within the department and other department locationsAdditional Information :
All your information will be kept confidential according to EEO guidelines.
Remote Work : No
Employment Type : Full-time
Key Skills
Sales Experience,B2B Sales,Marketing,Financial Services,Customer Services,Management Experience,Redmine,Agency Management,Home Care,Outside Sales,Sales Management,Recruiting
Experience : years
Vacancy : 1