Closing Disclosure Analyst

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

📋 Description

• Create and assess Initial Closing Disclosure (ICD) documents for accuracy and completeness, ensuring adherence to company policies and regulatory standards.

• Confirm that the ICD is distributed to the borrower a minimum of three business days prior to closing, complying with TRID (TILA-RESPA Integrated Disclosure) guidelines.

• Examine loan terms, fees, taxes, and other financial information to guarantee they are correctly represented in the ICD.

• Verify all loan documentation against underwriting stipulations and customer details.

• Detect and rectify discrepancies in loan documentation prior to the issuance of the ICD.

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

• Keep meticulous records of issued ICDs and track timelines to ensure compliance with the three-day disclosure rule.

• Work collaboratively with loan officers, underwriters, processors, and closing coordinators to gather and accurately present required data.

• Liaise with the loan origination team regarding any borrower inquiries or concerns related to the closing disclosure.

• Perform quality control checks on ICDs before they are submitted.

• Report any ICD errors, trends, and compliance risks to management.

⛳️ Requirements

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

• Possess an analytical mindset with the capability to quickly identify and resolve issues.

• Familiarity with loan documentation, including closing disclosures, loan estimates, and underwriting terminology.

• Strong organizational skills and the ability to manage workflow effectively.

🏝️ Benefits

• Above market salary

• HMO with free dependent

• Paid leave incentives

• Performance-based incentives

• Quarterly company events

• In-depth training for career growth