Mortgage Closer

ServisFirst Bank • Huntsville, AL

1d • Onsite

About The Position

The Mortgage Closer is responsible for the timely and accurate closing of mortgage loan files according to established workflow, procedures, and regulations. Additionally, this position is responsible for HMDA data entry into Encompass.

Requirements

• High school diploma or equivalent; some college preferred
• Two (2) years of related experience required
• Basic knowledge of bank operations and products
• Basic knowledge of federal and state banking compliance regulations, and other Bank operational policies
• Knowledge of federal and state regulations regarding lending and related consumer disclosure requirements
• Excellent knowledge of agency guidelines
• Understanding of underwriting closing conditions and experience in clearing applicable conditions
• Effective oral, written and interpersonal communication skills with the ability to carry out instructions, understand procedures and write correspondence
• Proficient in Microsoft Outlook, Word and Excel
• Excellent customer service and time management skills
• Ability to multitask, as shown in previous experience completing tasks under time constraints
• Good organizational skills and ability to develop basic understanding of underwriting guidelines
• Good data entry/keyboarding and math skills

Responsibilities

• Prepare loan documents for closing ensuring packages are accurate and delivered timely to the closing agent
• Review Loan Estimate, prepare Closing Disclosure (CD) and obtain fees from closing agent; approve CD and send wire/finds to closing agent or title company
• Ensure all underwriting conditions permitted at closing have cleared
• Ensure loan packages are in compliance prior to being released to closing agent or title company
• Ensure Closing Protection Letter is received prior to releasing the package
• Enter closings through approved vendor
• Perform administrative duties such as faxing, photocopying, filing and phone support as necessary
• Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED