Real Estate Residential Closer

McMichael & Gray, PC•Charlotte, NC

About The Position

Responsible for final review of mortgage loan information, preparing closing documents, funding the file accurately and sending closing documents to the closing attorney. The Closer is also responsible for checking the file for quality control from the precloser. Once the closer has prepared figures, the file is to be reviewed by a teammate to confirm accuracy prior to signing. The Closer manages a pipeline of purchase and refinancing files scheduled to close with the firm, working collaboratively with teammates in all internal departments to provide world-class service and a positive closing experience to clients. They are responsible for balancing, funding, and disbursing the file once the closing is completed and the lender has given clearance to fund, keeping the software file updated with communication, file status updates, and notes. The Closer works closely with the Buyer's Lender to receive and organize the closing package for closing and hands that off to the Attorney conducting the closing.

Requirements

Ability to communicate with lenders and other parties in a positive, friendly, and helpful way.
Ability to perform independently, taking ownership of delegated tasks.
Orientation towards continual learning, growth, and change.
Exemplary organizational skills.
Ability to manage high volume transactions.

Responsibilities

Managing a pipeline of purchase and refinancing files scheduled to close with the firm.
Working collaboratively with teammates in all internal departments to provide world-class service and a positive closing experience to clients.
Balancing, funding, and disbursing the file once the closing is completed and the lender has given the clearance to fund.
Keeping the software file updated with communication, file status updates, and notes.
Working closely with the Buyer's Lender to receive and organize the closing package for closing and handing that off to the Attorney that is conducting the closing.
Reviews approved mortgage loan to determine conditions that must be met prior to closing.
Ensures mortgage loans are funded accurately and in a timely manner.
Adheres to the deadlines required to close in a timely process.
Confirms legal documents to be recorded are accurate and total cost to record is collected at closing.
Reviews all preclosing documents for accuracy and confirm documents are up to date, including HOA letters, Taxes, Termite, HBW, Lender documents, Title Examination and Commitment of Title and is appropriately reflected on the Closing Disclosure.
Works closely with preclosing staff and attorneys coordinating title clearance; all title requirements to be cleared prior to closing.
Responsible for payment in full and cancellation of all liens against the property, including, but not limited to, payoff of mortgage, loans, HOA, FIFA’s, taxes, outstanding utility bills, etc.
Ensures that all items being paid at closing is calculated with per diem past closing date and shifts accordingly.
Confirms receipt of all incoming funds from borrower and lender. Copies to be saved to the file.
Confirms outgoing funds for payoffs, seller proceeds, and all checks cut for disbursements, along with internal ledger transfers. Confirmations and/or copies to be saved in the file for auditing purposes.
Notifies Precloser when closing statement is ready to send out to parties.
Contacts Attorney with issues related to money and/or document preparation.
Requests title policies (owners and lenders) from the JV team or Policy team.
Dealing with EMD - Apply EMD to file/cut return EMD with T&R.
Sending seller mail away closing packages.
Assisting Attorney/remote office with funding, table closing issues (they contact Closer for closing statement corrections and notifications of wire disbursements).
Sends signed closing statements/confirmation of disbursement to parties not in attendance to closing.