Initial Closing Disclosure Specialist

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

📋 Description

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

• Ensure the ICD is provided to the borrower at least three business days before closing, in compliance with TRID (TILA-RESPA Integrated Disclosure) regulations.

• Evaluate loan terms, fees, taxes, and other financial information for accuracy in the ICD.

• Verify loan documentation against underwriting criteria and customer details.

• Detect and address discrepancies in loan documentation prior to issuing the ICD.

• Keep updated on federal and state mortgage regulations, including TRID.

• Maintain records of distributed ICDs and track disclosure timelines.

• Collaborate with loan officers, underwriters, processors, and closing coordinators.

• Respond to borrower inquiries or concerns related to closing disclosures.

• Perform quality control evaluations on ICDs.

• Report ICD inaccuracies and compliance risks to management.

⛳️ Requirements

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

• Analytical mindset capable of swiftly identifying and resolving issues.

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

• Strong organizational abilities and the capacity to manage workflow effectively.

🏝️ Benefits

• Above market salary.

• HMO with free dependent coverage.

• Paid leave incentives.

• Performance-based incentives.

• Quarterly company events.

• Comprehensive training for career advancement.