Bond Loan Closer - Hybrid

Benchmark MortgagePlano, TX
4dHybrid

About The Position

Bond Loan Closer Position Overview : Closers prepar e and approv e the mortgage loan closing disclosure and all other required closing documents , as well as schedul e closing dates for borrowers . Th is position coordinate s with depar tments across the Company to timely remedy any issues that may exist with the loan file. Performance of these duties ensures efficiency and effectiveness in the loan origination process and provides our borrowers with an excellent experience. Ideal candidates for this position are highly detail-oriented , have excellent organizational skills, and a solid understanding of required mortgage closing conditions .

Requirements

  • Highly detail-oriented
  • Excellent organizational skills
  • Proven ability to prioritize and multi-task
  • Works well with little direction
  • Strong communication skills
  • Ability to work across organizational boundaries
  • Understanding of legal documents
  • Knowledge of residential closing conditions
  • Knowledge of TRID guidelines.
  • Minimum 4 years of mortgage closing experience .
  • Minimum 2 year of mortgage bond closing experience required.
  • Experience with Encompass preferred.
  • High school diploma or equivalent required.

Nice To Haves

  • Some college preferred.

Responsibilities

  • Review loan documents for accuracy against bond program eligibility and investor requirements.
  • Ensure compliance with bond program requirements, including state housing finance agency guidelines.
  • Calculate and v alidate accurate disclosure and collection of program-specific fees .
  • Coordinate with bond program administrators and servicers to obtain approvals, satisfy conditions, and ensure timely loan delivery.
  • Work with secondary marketing and post-closing teams to address any investor suspense items needed for loan purchase.
  • Prepare and review all closing documents including closing disclosures in a timely manner.
  • Communicate with the loan originator, borrower, and settlement agent to schedule closing date and time.
  • Other duties as assigned.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

High school or GED

Number of Employees

251-500 employees

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