Mortgage Closer

External Candidates Only • Terrell, TX

1d • Onsite

About The Position

The Mortgage Closer's primary responsibility is to coordinate, prepare and review closing documents and verify their accuracy and completion in accordance with bank policies and procedures. The individual maintains communication with all parties involved in the loan closing process. Calculates final closing costs and disburses funds in accordance with mortgage documentation. Ensures timely and accurate closing of various residential and residential construction loan transactions. Prepares and reviews closing documents, including funding checks prior to forwarding to title company for closing to ensure accurate and efficient closing. Reviews title commitments and surveys for accuracy and notifies interested parties of exceptions to ensure loan is closed in accordance with company policies and procedures and applicable laws to ensure a valid lien. Schedules closing and responds to inquiries regarding closing issues to ensure all parties involved are informed of any issues affecting the closing and are present at closing. Verifies closing costs, closing requirements, hazard insurance, TILA-RESPA Integrated Disclosures, etc. before issuing funding authorization to the title company. Develops and maintains a personal program for maintaining an adequate level of knowledge in mortgage loan matters and personal skill development to ensure an acceptable degree of performance. May require work on physical bank premises - Office located in Terrell, TX.

Requirements

• 7 years experience in residential mortgage lending support
• Knowledge of real estate documents, title commitments, surveys, appraisals, etc
• High school diploma or GED
• Maintain high level of communication skills both oral and written
• Strong attention to detail
• Strong problem solving and organization skills
• Maintain accurate closing schedules
• Working knowledge of Microsoft Excel and MS Word
• Basic keyboarding and calculator skills
• Must be able to do simple math and carry out written instructions.

Nice To Haves

• Experience in Encompass (Banker edition)
• Experience with eNotes, eVault, Simplefile
• Fluent in English and Spanish

Responsibilities

• Coordinate, prepare and review closing documents and verify their accuracy and completion in accordance with bank policies and procedures.
• Maintain communication with all parties involved in the loan closing process.
• Calculate final closing costs and disburse funds in accordance with mortgage documentation.
• Ensure timely and accurate closing of various residential and residential construction loan transactions.
• Prepare and review closing documents, including funding checks prior to forwarding to title company for closing.
• Review title commitments and surveys for accuracy and notify interested parties of exceptions.
• Schedule closing and respond to inquiries regarding closing issues.
• Verify closing costs, closing requirements, hazard insurance, TILA-RESPA Integrated Disclosures, etc. before issuing funding authorization to the title company.
• Develop and maintain a personal program for maintaining an adequate level of knowledge in mortgage loan matters and personal skill development.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 251-500 employees