Closer

Panorama Mortgage Group LLC•Spring Valley, NV

13h

About The Position

The Closer is responsible for closing and funding loans according to established guidelines and procedures. The role maintains a pipeline of documents to be drawn, documents returned, funded loans, and loans shipped to investors for purchase. The Closer works with Loan Officers, Processors, Escrow Agents, warehouse banks, and investors to complete accurate and timely loan closings and funding.

Requirements

High school diploma or equivalent.
Knowledge of mortgage principles and theories.
Three years of prior mortgage experience.
Ability to deliver effective results and meet deadlines.
Reliable transportation, a valid driver’s license, and current automotive insurance.
Sound judgment and decision-making skills.
Ability to work under pressure and meet deadlines with minimal supervision.
Excellent phone and service skills.
Timely communication and response times according to department standards.
Travel internationally between the United States and Mexico as needed to meet business needs.
English preferred; bilingual English/Spanish desired.

Nice To Haves

Bilingual English/Spanish skills are desired.

Responsibilities

Draw loan documents for loans cleared by the Quality Control Department.
Enter and audit RESPA and required fields in Lenders Office and Doc Magic to ensure loan documents are accurate before sending them to Escrow/Title for signing.
Answer Loan Officer, Processor, and Escrow Agent questions about fees, impounds, funds to close, and related matters.
Check estimated HUDs for accuracy in closing dates, seller concessions, borrower funds required, and fees collected in relation to the transaction.
Receive fully executed loan documents and the Original Note.
Review signed loan documents for signature discrepancies, notary pages, and missing dates before addressing funding conditions in accordance with Underwriter approval.
Issue a funding-conditions list to the Escrow Agent, Loan Officer, and Processor.
Collect required items and sign off on funding conditions.
Request a wire from the warehouse bank to fund the transaction, and issue disbursement and record authorization.
Follow up with the Escrow Agent within 24–48 hours after funding to collect the Final HUD and closing checks.
Maintain current and accurate system data for Closing Manager reports, file tracking, and productivity.
Stack and package loans accurately and within a reasonable turnaround time for shipment to investors for review.
Make MIP payments on all FHA loans in the pipeline accurately and promptly after closing.
Provide investors with applicable conditions for loan clearance and purchase.
Perform other duties as assigned.
Comply with the policies and procedures outlined in the Company Handbook.