Mortgage Closer
About The Position
The Mortgage Closer is responsible for reviewing and auditing closing packages for accuracy and completeness, preparing credit and legal documentation packages for delivery, and following up with title companies to correct errors and omissions in closing documents. This role ensures that closed loan packages are delivered by the deadline and adheres to investor delivery policies and procedures. The Mortgage Closer also collects and follows up with title companies, attorneys, and/or county recorder’s offices to obtain final loan documentation, prepares logs, and updates records. This position complies with Credit Union Policies and Procedures, as well as regulatory compliance, and provides back-up to other Real Estate Lending staff as needed. The role assumes responsibilities for related duties as required or assigned.
Requirements
- One-three years’ experience processing conventional and government loans
- High school diploma or equivalent
- Knowledge of real estate lending criteria, compliance, federal/state regulations
- Excellent organizational, oral, and written communication skills
- Ability to perform in a fast-paced environment typical to Real Estate Lending
- Experience with Microsoft Office Suite
- Active NMLS number is required
Nice To Haves
- Experience with Encompass Software is preferred
Responsibilities
- Review and audit closing packages for accuracy and completeness
- Prepare credit and legal documentation packages for delivery
- Follow-up with title to correct errors and omissions in closing documents
- Transmit and/or deliver files to investors
- Transmit and/or deliver files to sub-servicer
- Follow-up with trailing documentation
- Ensure closed loan packages are delivered by deadline
- Correspond with Title companies and Attorneys
- Verifies that all stipulations requested are valid and met to ensure that loans are saleable/purchased
- Input data into investor delivery systems
- Adhere to investor delivery policies and procedures
- Collect and follow-up with title companies, attorneys and/or county recorder’s offices to obtain final loan documentation
- Prepare logs and update records
- Complies with Credit Union Policies and Procedures, as well as regulatory compliance
- Provides back-up to other Real Estate Lending staff as needed
- Assumes responsibilities for related duties as required or assigned
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
