Initial Disclosures Specialist - Fully Remote
About The Position
Initial Disclosures Specialists are responsible for preparing all loan-closing documents and ensuring that they are accurate in order to have a fully compliant mortgage loan. They carefully review all documents, (such as: Title Commitments, Surveys, Tax Certificates, and the like) for any errors, and confirm that pricing and program are correct to ensure loan will be funded. They also act as a point of contact between all parties in the real estate closing transaction. They communicate with attorneys, closing agents, lenders, and title companies to gather all the necessary information for accurate document preparation and resolve any issues that arise in that process. They make sure that the loan closing proceedings run smoothly and in a timely manner. Lastly, mortgage closers review all closing details to ensure compliance with state and federal regulations and all terms of the loan are met. In this specific position you will be responsible for: Preparing the Loan Estimate, confirming fees and pricing are accurate, and releasing to the borrowers via e-Sign Sending out initial disclosures Auditing the loan for completeness and accuracy to ensure compliance before sending out the initial disclosures and Loan Estimates Monitoring Change of Circumstance requests and ensuring re-disclosures and COC notices are in compliance and issued within the required timeframes Maintaining efficient levels of service and complying with regulatory timelines associated with the completion and disseminiation of loan disclosures
Requirements
- At least 1 year of closing experience
- Experience using IDS
- Excellent customer service skills
- Able to work quickly and accurately
- Great attention to detail skills
Responsibilities
- Preparing the Loan Estimate, confirming fees and pricing are accurate, and releasing to the borrowers via e-Sign
- Sending out initial disclosures
- Auditing the loan for completeness and accuracy to ensure compliance before sending out the initial disclosures and Loan Estimates
- Monitoring Change of Circumstance requests and ensuring re-disclosures and COC notices are in compliance and issued within the required timeframes
- Maintaining efficient levels of service and complying with regulatory timelines associated with the completion and disseminiation of loan disclosures
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
