Mortgage Loan Closer- Ridgeland, MS

BankPlus•Ridgeland, MS

3d•Onsite

About The Position

Responsible for the preparation of closing packages on approved loans in accordance with industry and regulatory guidelines. This role involves verifying that documents and closing information adhere to applicable guidelines and that the closed loan meets necessary purchasing standards.

Requirements

Two years mortgage loan closing experience
General computer and typing experience with Microsoft Office Suite, to include Excel, Word, and Outlook
Excellent verbal and written communication skills
Ability to handle multiple tasks
Work outside of regular business hours, as deemed necessary

Nice To Haves

Associate’s Degree preferred

Responsibilities

Prepare closing packages on approved loans.
Generate Closing Disclosures in a timely manner in accordance with regulatory compliance by reviewing necessary documents and calculating and inputting fees.
Verify loan information and supporting documentation to make pertinent data entries in the system to generate accurate loan packages.
Work with attorneys, mortgage personnel, and outside vendors to gather, review, and approve all needed documentation that must be cleared before closing.
Ensure all loan approval requirements have been met, closing documents collected, and all information is current and valid on the Loan Approval and Lock-In.
Seek approval for any necessary changes or updates.
Send funds to the attorney for disbursement once all closing conditions are met.
Provide loan disbursement authorization to the attorney upon satisfactory review of needed executed closing documents.
Order Fannie Mae and Freddie Mac UCDs upon loan closure.
Register loan with MERS database upon loan disbursement.
Make necessary post-closing corrections to loan files to ensure loans are purchasable by investors and meet bank standards.
Maintain a thorough knowledge of Bank products, services, policies, procedures, and appropriate regulatory issues as related to daily job functions including but not limited to: Bank Secrecy Act; Privacy Act; Fair Lending Act; Regulation E, etc.
Complete required compliance training and adhere to the Bank’s standard of conduct.
Perform other duties as assigned.
Participate in the bank’s High-Performance Rewards Connections program.
Make referrals to the Mortgage Center and Wealth Management.