Mortgage Loan Closer

Iowa Bankers Mortgage Corporation•Urbandale, IA

About The Position

The Mortgage Loan Closer performs full-service mortgage loan closing duties. The role includes accurately preparing closing document packages to meet underwriting, investor, and compliance requirements; ensuring title objections are addressed and will be satisfied before or at closing; communicating effectively and promptly with transaction participants; coordinating closing timing with the banker to meet contract dates and lock expirations; and verifying check and general ledger entries for accurate accounting records. The Mortgage Loan Closer prioritizes workload to maximize efficiency and production and assists with other duties as needed.

Requirements

  • High school diploma or general education degree (GED).
  • Two years of mortgage-related experience working with processing purchase or refinance applications, clearing title, generating closing disclosures, and preparing closing documents.
  • Technology skills in Word, Excel, DU, DO, LP, origination software, and basic internet use.
  • Professional communication skills.
  • Ability to prioritize multiple tasks.
  • Ability to work independently.
  • Desire to learn and contribute.
  • Ability to work in a fast-paced, stressful environment.

Responsibilities

  • Accurately prepare closing document packages to meet underwriting, investor, and compliance requirements.
  • Ensure title objections are addressed and will be satisfied before or at closing.
  • Communicate timely and effectively with all parties involved in the transaction.
  • Coordinate closing timing with the banker and ensure contract dates and/or lock expirations are met.
  • Verify that check and general ledger entries are set up correctly to ensure accurate accounting records.
  • Prioritize workload to maximize efficiency and production.
  • Assist with other duties as needed.
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