JOB SUMMARY: A Closer maintains the workflow of the closing process, from sending initial closing disclosures through issuing closing documents and funding the loan.
ESSENTIAL FUNCTIONS:
Maintain a pipeline of loans from initial closing disclosure through funding
Maintain required company turn times and SLA's
Completely audit loans to ensure the loans meet both company and investor guidelines prior to delivering the loans to an investor
Ensure the policies have enough coverage, for example sufficient dwelling coverage on Hazard Insurance.
Prepare and send initial closing disclosures as requested
Prepare and send any changes of circumstances disclosures on CD's as necessary
Work with title companies or settlement agents to balance necessary closing documents ensuring accuracy and quality of work
Issue final closing documents to borrower and settlement agents
Work with various parties (internal and external) to obtain needed documentation to cure/resolve all items that may affect the salability of the loan in a timely manner
Request wires timely for loans funding
Review files against a checklist and provide authorization to release funds
Complete post closing closing disclosures and assist post closers in the salability of the loan
Assist team members as needed, during times of peak volume and staff absences
Assume additional responsibilities/duties/projects as they arise
QUALIFICATIONS:
Must have a minimum of 2 years of mortgage experience in a closing role
Working knowledge of Conventional and Government loans
Strong attention to detail
Ability to problem solve
Working in a fast pace environment
Good Microsoft Office Skills (Excel, Outlook, and Word)
