Closers prepare and approve the mortgage loan closing disclosure and all other required closing documents, as well as schedule closing dates for borrowers. This position coordinates with departments across the Company to timely remedy any issues that may exist with the loan file. Performance of these duties ensures efficiency and effectiveness in the loan origination process and provides our borrowers with an excellent experience.
Ideal candidates for this position are highly detail-oriented, have excellent organizational skills, and a solid understanding of required mortgage closing conditions.
Essential Functions of the Role:
Prepare and approve the closing disclosure.
Prepare all closing documents in a timely manner.
Review loan files for accuracy and compliance prior to closing.
Coordinate with various departments to reconcile any file defects.
Calculate loan interest, principal payment, escrow fees, and closing costs prior to closing.
Communicate with the loan originator, borrower, and settlement agent to schedule closing date and time.
Review fully executed closing documents for completeness and accuracy for funding authorization.
Other duties as assigned.
Classification: Full Time, Non-Exempt
Essential Knowledge/Skills/Abilities:
Highly detail-oriented
Excellent organizational skills
Proven ability to prioritize and multi-task
Works well with little direction
Strong communication skills
Ability to work across organizational boundaries
Understanding of legal documents
Knowledge of residential closing conditions
Knowledge of TRID guidelines.
Closer
Experience Requirements:
Minimum three (3) years of mortgage closing experience required.
Minimum one (1) year of mortgage funding experience required.
Experience with Encompass preferred.
Education / Licensing Requirements:
High school diploma or equivalent required. Some college preferred.
Working Conditions:
Fast-paced environment.
Requires normal vision (corrected) both close and distant.
Requires normal hearing levels (corrected).
Requires working at a desk to use a phone and computer for extended periods of time.
