What are the responsibilities and job description for the Non-QM Mortgage Closer position at Champions Funding LLC?
Description
- Prepare and review loan closing documents for Non-QM mortgage loans, ensuring accuracy and adherence to company and investor guidelines.
- Verify loan terms, fees, and conditions, ensuring compliance with all applicable state and federal regulations.
- Coordinate with account executives, underwriters, title companies, and other stakeholders to facilitate timely and efficient closings.
- Balance and disburse loan funds in accordance with company policies and wire transfer procedures.
- Identify and resolve any outstanding conditions, discrepancies, or issues before loan funding.
- Ensure proper documentation is executed, recorded, and stored in compliance with regulatory and company requirements.
- Communicate closing timelines and expectations to all involved parties, ensuring a seamless borrower experience.
- Stay updated on industry trends, regulatory changes, and best practices in Non-QM loan closing.
- Assist in process improvements to enhance efficiency and accuracy within the closing department.
- Provide support and guidance to team members as needed, contributing to a collaborative and high-performing work environment.
- 3 years of experience in mortgage closing, preferably in the Non-QM space.
- Strong knowledge of Non-QM loan products, mortgage closing procedures, and regulatory requirements.
- Experience working with loan origination systems (LOS) and mortgage document preparation software.
- Detail-oriented with strong analytical and problem-solving skills.
- Excellent communication and organizational skills, with the ability to multitask in a fast-paced environment.
- Ability to work independently and collaboratively to meet deadlines and maintain efficiency.
- Familiarity with TRID, RESPA, and other mortgage compliance regulations.
