Summary
GENERAL FUNCTIONS:
This position is responsible for ensuring that closing documents are signed appropriately and conform to industry guidelines.
Duties & Responsibilities
PRINCIPAL ACCOUNTABILITIES:
- Must have experience in paying and insuring government loans.
- Review all closed loan packages upon receipt for properly executed documents. This includes government loans and conventional, conforming and non-conforming. System requirements on each type of loan will vary, but must be complete, including moving milestones.
- Review file to ensure appropriate riders, correct legal description, names, etc are on all documents. Clear all underwriting closing conditions as required; activate mortgage insurance. Monitor security instrument and assignments for proper filing and recording.
- Scan closing packages into the system in a neat, orderly fashion.
- Process trailing documents as needed.
- Follow up at appropriate intervals on corrections of errors with closers.
- Achieve minimal turn times in delivery of closed loans to servicing.
- Promotes honest and open communication throughout the organization.
- Demonstrate behaviors that are consistent with the organizations' values, philosophies, and leadership characteristics.
- Other duties as assigned.
KNOWLEDGE, SKILLS AND ABILITIES:
- Ability to communicate effectively in writing and orally.
- Ability to resolve interpersonal conflict and miscommunications.
- Understanding or mortgage regulations
- Keenly aware of timing to fulfill required deadlines
- Knowledge of spreadsheet software and ability to use word processing software.
- Must be able to be bonded.
- Broad knowledge of mortgage lending and auditing.
- Experience a PC based loan management system, which includes pipeline tracking, reporting, and management capabilities.
Requirements
EXPERIENCE/EDUCATIONAL REQUIREMENTS:
1-3 years mortgage post-closing auditor or equivalent experience. Must be self-motivating and task oriented.