Mortgage Closer/Funder

The Loan Closer/ Funder is responsible for coordinating loan closings in compliance with company and industry standard rules and regulations. This position will prepare legal documents and closing packages for title companies and attorneys.
Responsibilities

• Create, Initial Closing Disclosure, Final Closing Disclosure and Closing Document package
• Review loan documents for accuracy and make any necessary corrections.
• Review all files for completeness and accuracy to ensure compliance with underwriting, government, and investor and company requirements.
• Maintain open lines of communication with all parties to obtain loan status information.
• Provide timely communications regarding closing status as appropriate.
• Ensure all loans are closed in strict accordance with all guidelines.
• Understand and adhere to all existing and/or changes to internal or external guidelines, processes and procedures as soon as they are implemented.
• Responsible for preparing and verifying final figures.
• Sending Closing documents, review of executed closing documents upon return to RoundPoint.
• Review, calculate, order the funding wire through the appropriate department to ensure 2nd level validation
• Coordinate closings with title companies.
• Performs all other duties and projects assigned.
• Create and send Onboarding loan tape to the appropriate department
• Assist with any Pre Fund QC request thought completion

Qualifications

• Minimum high school diploma or general education degree (GED) required.
• Minimum 3 years’ previous experience as a loan processor, funder or closer.
• Working knowledge of RESPA 2010, HMDA and Appraisal Independence Requirements (AIR) required.
• Must be able to work independently or as part of a team in a high-paced environment.
• Working knowledge of MS Office skills required.
• Excellent verbal and written communication skills required.
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
• Ability to apply concepts of basic algebra and geometry.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
• Ability to deal with problems involving several concrete variables in standardized situations

Physical Demands & Working Conditions
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:

• The employee is regularly required to talk or hear.
• The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
• The employee must regularly use hands to finger, handle, or feel objects and is regularly required to reach with hands and arms; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
• The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
• Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.
• The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.

About RoundPoint Mortgage Servicing LLC
RoundPoint Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 900,000 loans. In 2023, RoundPoint was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.
Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.

Location

• Fort Mill, SC
• Coppell, TX
• St. Louis Park, MN
• Remote

Employee Status

• Regular

Travel

• No