The Closer completes the full cycle of mortgage loan closing and shipping to ensure file completeness and investor funding conditions are met. Is responsible for timely and accurately preparing and reviewing loan closing and funding documentation for a range of loan products to include close-end loans and home equity lines of credit. Manages the closing and shipping functions with constantly changing deadlines, without losing the requisite high-level of accuracy and production.
Essential Duties and Responsibilities:
Prepare and send closing documents.
Answer closing questions for internal and external parties.
Confirm loan closing, prepare loan documents and request funding and loan disbursements.
Coordinate all aspects of the closing process.
Manage and perform multiple tasks accurately in a fast-paced and challenging environment.
Obtain property tax information and verify accuracy with Title Company, and/or tax collector.
Calculate tax escrows and ensure ample amounts are collected for next due date.
Review hazard insurance and premiums and ensure we have sufficient insurance in place at closing and ample amounts collected for next due.
Inform internal and external parties of loan’s status as required.
Accurately input data into system and other applications as needed.
Provide daily status to manager on all unfunded loans.
Prepare closing documents completely and accurately.
Monitor closings and solve any problems that may arise.
Confirm closings and inform the appropriate internal personnel.
Collect and review any “at closing conditions”, review settlement statement to ensure all fees have been collected/disbursed, request funding and disbursement of funds.
Assist post closing department to obtain any outstanding documentation, as needed.
Manage internal and external expectations on timelines, costs, and processes.
Help train new employees in the department.
Act in accordance with company, policies and procedures.
Complete special tasks as assigned by manager as needed.
Excellent verbal and written communication skills.
Strong interpersonal and organization skills.
Strong attention to detail.
The ability to work overtime
1+ year of mortgage closing experience is required, preferably including recent experience closing Fannie and/or Freddie Mortgages. Thorough knowledge of RESPA regulations is also required.
College Degree is preferred but cannot substitute for recent mortgage closing experience.
Help us improve Careerbuilder by providing feedback about this job:
Report this job
Report this Job
Once a job has been reported, we will investigate it further. If you require a response, submit your question or concern to ourTrust and Site Security Team
Job ID: CLOSE01668
privacy and protection,
when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction.Learn more.
By applying to a job using Careerbuilder you are agreeing to comply with and be subject to the Careerbuilder
Terms and Conditions
for use of our website. To use our website, you must agree with the
Terms and Conditions
and both meet and comply with their provisions.