Mortgage Loan Closer
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About The Position
The position facilitates the smooth transition of loans from processing to closing by coordinating with First Commonwealth Mortgage production staff and settlement companies/attorneys. The role involves preparing and reviewing Closing Disclosures and closing instructions to ensure compliance with federal, state, investor, and First Commonwealth Mortgage guidelines. Responsibilities also include reviewing insurance policies, gathering tax information, and calculating initial escrow requirements. The position requires preparing and electronically delivering closing documents to settlement companies/attorneys and confirming that closings occur as scheduled. Additionally, the role involves registering new mortgage loans in the Mortgage Electronic Registration System (MERS).
