Mortgage Loan Closer

First United Bank•Plano, TX

2d•Onsite

About The Position

This position is responsible for the closing duties associated with First United Bank mortgage loans according to all bank, investor, and regulatory requirements.

Requirements

Minimum of five years experience in a loan production environment
Minimum of two years experience closing FHA, VA, FNMA, non-conforming and conventional loans
Experience with Microsoft Word, Excel and Outlook
Teamwork and customer service skills a must
Strong written and verbal communication skills
Strong ability to build and maintain relationships with other departments

Nice To Haves

Experience with ENCOMPASS loan origination and fulfillment software a plus

Responsibilities

Audit the mortgage loan file for accuracy and review underwriting approvals for clear-to-close and specific closing/funding conditions.
Verify that the lock, loan approval, fees, and current loan entry program data all match completely.
Ensure the loan is correct within the loan entry program, complete all required closing fields, and log file progress in the conversation log or loan story during every interaction.
Prepare and send closing instructions, invoices, insurance, and relevant file items to the title company 24 hours prior to closing.
Review title company CDs, secure MLC approval on figures, issue initial CDs to borrowers, and handle Changes of Circumstance (COC) CDs when applicable.
Prepare, review, and send final closing documents to the title company while maintaining strict compliance and accuracy.
Verify wiring instructions, initiate wire transfers, send expedited funding authorizations to title, and successfully complete all funding checklist items.
Provide consistent file status updates to the MLC and Loan Assistant, and assist the post-closing and shipping departments with missing documents or file issues.
Performs other duties as assigned by supervisor.
Completes all required compliance exams on a yearly basis.
Adherence to all First United Policies and Procedures.
Dresses professionally.
Recommends to supervisor possible methods to improve department.