Closing Disclosure Analyst

This is a fully remote position, open to applicants in Philippines.

📋 Description

• Prepare and evaluate Initial Closing Disclosure (ICD) documents for precision and thoroughness in line with company policies and regulatory standards.

• Ensure the ICD is dispatched to the borrower no later than three business days before closing, complying with TRID (TILA-RESPA Integrated Disclosure) regulations.

• Verify the accuracy of loan terms, fees, taxes, and other financial information.

• Compare loan documentation with underwriting conditions and customer data.

• Detect and rectify inconsistencies in loan documentation prior to issuing the ICD.

• Remain informed about federal and state mortgage regulations, including TRID.

• Keep comprehensive records of issued ICDs and track compliance with the three-day disclosure requirement.

• Work collaboratively with loan officers, underwriters, processors, and closing coordinators to gather and accurately represent necessary information.

• Respond to borrower inquiries or concerns regarding the closing disclosure alongside the loan origination team.

• Perform quality control assessments on ICDs prior to submission.

• Inform management of ICD errors and any compliance risks or emerging trends.

⛳️ Requirements

• Expertise in Microsoft Office Suite (Excel, Word, Outlook).

• Analytical skills with the capability to quickly identify and resolve issues.

• Knowledge of loan documentation, including closing disclosures, loan estimates, and underwriting terminology.

• Excellent organizational abilities and capacity to manage workflow effectively.

🏝️ Benefits

• Competitive salary above market rates.

• Health Maintenance Organization (HMO) coverage with free dependent.

• Paid leave incentives.

• Performance-based incentives.

• Quarterly company events.

• Comprehensive training for professional development.