Mortgage Closer

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

📋 Description

• The Mortgage Closer is tasked with the review of loan packages, scheduling of loan closings, and the preparation of closing documents before loan funding occurs.

• Oversees a pipeline of loans to ensure that service standards and financial objectives are achieved.

• Examines files for precision, updates information in the Loan Origination System (LOS) as required, and resolves closing conditions.

• Prepares the initial closing disclosure along with the complete closing package.

• Ensures that loans comply with federal and state regulations, including but not limited to RESPA, HMDA, and Fair Lending Practices.

• Prepares, reconciles, and sends the final closing disclosure to the title company.

• Coordinates with the title company regarding final documents and guarantees timely delivery of documents for scheduled loan closings.

• Balances final figures with the title company and requests the wire from the wire desk.

• Communicates effectively with team members and external parties to ensure prompt and efficient closing of each loan.

• Identifies and resolves any compliance issues related to loans during the closing and funding process.

• Addresses and resolves any post-closing or audit discrepancies.

• Performs additional duties as assigned.

⛳️ Requirements

• A high school diploma or its equivalent is required.

• A minimum of three years of experience in loan closing or funding within the residential mortgage sector.

• Familiarity with RESPA disclosures, FHA, VA, FNMA, and FHLMC guidelines, in addition to title commitments, hazard, and flood insurance policies.

• Excellent written and verbal communication skills.

• A strong commitment to providing quality customer service.

• Exceptional attention to detail.

• Highly organized with the ability to handle multiple tasks simultaneously.

• Demonstrates effective time management skills and the ability to meet deadlines.

• Works collaboratively with others.

• Proficient in all compliance-related regulations, including RESPA.

• Strong mathematical abilities.

• Proficient in PC skills, specifically MS Office products, and has experience with mortgage origination systems.

• Familiarity with Encompass is preferred.

🏝️ Benefits

• Comprehensive health insurance package.

• Retirement savings plan with company match.

• Opportunities for professional development and growth.

• Flexible working hours.

• Paid time off and holidays.