The primary responsibility of this role is to successfully close and disburse real estate mortgage and home equity loans.
Orders closing packages from approved Attorney(s) for portfolio and correspondent first and second lien mortgage loans Prepares closing packages for Home Equity channel of business.
Completes the closing and funding process on all Home Equity loans, which may include: internally transferring money to proper accounts, ensuring that any required loan payoffs are completed, preparing checks, and preparing internal wire requests when necessary.
Exercises judgment in ensuring all prior-to-document and prior-to-funding underwriting conditions are met with accuracy prior to authorizing disbursement.
Reviews a prescribed list of signed closing documents for completeness and authorizes disbursement.
Prepares wire requests for mortgage loan funding Assists the Post Closer as necessary by delivering a prescribed list of executed closing documents to Servicing Department within 24 hours of funding.
May provide notary services for completion of real estate mortgage loan documents.