Real Estate Law Firm Residential Closer

McMichael & Gray, PC•Charlotte, NC

About The Position

The Closer is responsible for the final review of mortgage loan information, preparing closing documents, accurately funding the file, and sending closing documents to the closing attorney. This role also involves quality control checks of the file from the precloser. Once the closer has prepared the figures, the file is reviewed by a teammate to confirm accuracy before signing.

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.
Collaborating with teammates in all internal departments to provide world-class service and a positive closing experience to clients.
Balancing, funding, and disbursing the file after closing is completed and the lender has given 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 the closing attorney.
Reviewing approved mortgage loans to determine conditions that must be met prior to closing.
Ensuring mortgage loans are funded accurately and in a timely manner.
Adhering to deadlines required for a timely closing process.
Confirming legal documents to be recorded are accurate and that the total cost to record is collected at closing.
Reviewing all preclosing documents for accuracy and confirming they are up-to-date, including HOA letters, Taxes, Termite, HBW, Lender documents, Title Examination and Commitment of Title, and ensuring they are appropriately reflected on the Closing Disclosure.
Coordinating title clearance with preclosing staff and attorneys, ensuring all title requirements are cleared prior to closing.
Responsible for payment in full and cancellation of all liens against the property, including payoff of mortgage, loans, HOA, FIFA’s, taxes, outstanding utility bills, etc.
Ensuring that all items being paid at closing are calculated with per diem past closing date and shifted accordingly.
Confirming receipt of all incoming funds from borrower and lender, saving copies to the file.
Confirming outgoing funds for payoffs, seller proceeds, and all checks cut for disbursements, along with internal ledger transfers, saving confirmations/copies in the file for auditing purposes.
Notifying Precloser when the closing statement is ready to send out to parties.
Contacting the Attorney with issues related to money and/or document preparation.
Requesting title policies (owners and lenders) from the JV team or Policy team.
Dealing with EMD - Applying EMD to file/cutting return EMD with T&R.
Sending seller mail-away closing packages.
Assisting Attorney/remote office with funding and table closing issues (contacting Closer for closing statement corrections and notifications of wire disbursements).
Sending signed closing statements/confirmation of disbursement to parties not in attendance at closing.