Mortgage Closer

REV Career•Summerville, SC

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 involves transmitting files to investors and sub-servicers, ensuring timely delivery of closed loan packages, and corresponding with title companies and attorneys. The Closer will verify that all stipulations are met to ensure loans are saleable/purchased, input data into investor delivery systems, and adhere to investor delivery policies and procedures. Additionally, the position requires collecting and following up with title companies, attorneys, and/or county recorder’s offices for final loan documentation, preparing logs, and updating records. The Mortgage Closer must comply with Credit Union Policies and Procedures, regulatory compliance, and provide back-up to other Real Estate Lending staff as needed.

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