Mortgage Closing Processor II
About The Position
Hiring Range: $22.74- $30.46 The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information. The Closer II should have a good working knowledge of all areas within the Mortgage process with strong emphasis on Closing. The Closer II will keep an open line of communication with other department managers to ensure policies and procedures are accurately followed.
Requirements
- High School diploma or equivalent combination of education, training and experience
- 5 - 7 years Mortgage experience
- 2 - 3 years Closing, Post-Closing experience
- Communicates effectively with others and exhibits excellent Internal / External customer relations skills .
- Ability to remain calm under pressure and meet tight deadlines.
- Ensure all policies are administered within ethical and legal standards to minimize litigation exposure.
- Maintain confidentiality of employee and company information
- Understands all aspects of job responsibilities.
- Expert understanding with FHLMC, FNMA, FHA, USDA and VA, NHHFA Housing, MASS Housing, RI Housing, Construction Loans / State Housing Programs, DPA expert, CRA expert, a very strong experience of all government loans
Responsibilities
- Expert understanding of FHLMC, FNMA, FHA, USDA and VA, NHHFA Housing, MASS Housing, RI Housing, Construction Loans / State Housing Programs, DPA expert, CRA expert.
- Monitor volume and reassign files as needed.
- Respond to Branch inquiries and accommodate rushes as needed.
- Work with Post-Closing, Accounting and QC errors to recognize trends and provide feedback and additional training as needed.
- Assist other departments questions as needed and bring them to VP for discussion.
- Private Investor Shipping Including Freddie Mac/Fannie Mae
- Perform all duties relating to post closing review and Shipping but not limited to: Complete loan order using proper investor checklists and summary sheets. Ensure all loans are scanned correctly- if needed Track all loan shipping. Submit Loans to Government for insurance. Ensure compliance with frequently changing investor and agency guidelines.
- Follow up on Outstanding Closing Disclosures
- Create and revise workflows within department as needed.
- Stay current with Investor guidelines and procedures and effectively communicate out to closing team as changes occur.
- Maintain up-to-date procedures for all functions performed within department.
- Prepare Closing Packages as needed per volume.
- Ensure compliance with all TRID and other Federal and State related timeframes and requirements.
- Maintain thorough understanding of required Closing Documents and Closing Packages for completeness and accuracy.
- Complete research and make sound decisions for exceptions to HOME’s Closing Instructions
- Must be flexible with schedule during peak volume/season.
Benefits
- Eastern offers a robust benefits and retirement package.
- Please see the description of benefits included with this job posting for additional information.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
Number of Employees
1,001-5,000 employees
