What are the responsibilities and job description for the Mortgage Closer position at Careerbuilder-US?
Mortgage Closer
Cincinnati, OH | 2 - 6 years of experience
Salary : $50,000 - $65,000 per year
Job Description
- Seeking an experienced Mortgage Loan closer to coordinate all phases of loan closings. The Closer’s responsibilities include reviewing loan data, completing missing or correcting erroneous data and reviewing info submitted by the loan officer, processors, and underwriter. The Closer will communicate with internal associates, closing agents and all parties involved in the transaction ensuring that all closing documentation is complete, accurate and in compliance with all applicable regulatory agencies.
- Review and complete loan data in LOS (Loan Origination System : PowerLender)
- Prepare, review and deliver loan closing packages to closing agents.
- Manage and resolve problems or issues that arise with loan documentation.
- Act as an intermediary between all parties involved in the loan transaction.
- Ensure closing complies with all corporate, state, federal and agency guidelines.
- Coordinate loan closing proceeds and ensure disbursed as required.
- Perform and generate compliance test.
- Prepare draft settlement statement.
- Reviews file documentation for accuracy per guidelines and investor requirements.
- Coordinates and prepares documents necessary to take mortgage loans from the approval to closing (CD, Mortgage, Note, Final TIL, title work, homeowners insurance, flood insurance, payoff letters).
- Working closely with the processing department and title companies.
- Maintain a production queue of mortgage loans.
Thanks & Regards
Hardik Gupta
Delivery Head & Client Relationship Partner
Office : 609-436-7851
Mobile : 732-582-2493
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Salary : $50,000 - $65,000
