This position description has been prepared as a guide to ensure better communication, clear expectations, and understanding of the role of Closer. Perform all procedures required for efficient and accurate closing of all types of residential loans. Work with Loan Officers and Closing Agents to schedule loans in a timely manner. Provide courteous and cooperative support to customers, both internal and external. Responsibilities: • Reviews signed closing packages for completion and accuracy • Orders wires from the warehouse banks • Ensure that all loan conditions outlined by the underwriter are cleared, performing updated verification tasks, and coordinating with the title companies as required • Run successful UCD/LCA • Register MIN Numbers withing MERS • Advises all parties of any changes or issues that may occur to ensure high-quality standards and customer service • Maintain a thorough working knowledge of company and regulatory changes that affect the closing/funding process • Meet production and quality standards consistently • Follows up on any deficiency requests by Shipping and Post-Closing to ensure timely procedure for loan funding. • Responds to and resolves technical and complex problems that arise • Complies with Banks Policies and Procedures, as well as regulatory compliance Qualifications: • 2-3 years of mortgage experience and understanding of the closing/mortgage transaction process • Ability to work under pressure to meet deadlines in a constantly changing environment • Detail-oriented, organized, ability to multi-task and time management to maximize output • Knowledge of real estate lending criteria, compliance, federal/state regulations Compensation: $50,000
• Reviews signed closing packages for completion and accuracy • Orders wires from the warehouse banks • Ensure that all loan conditions outlined by the underwriter are cleared, performing updated verification tasks, and coordinating with the title companies as required • Run successful UCD/LCA • Register MIN Numbers withing MERS • Advises all parties of any changes or issues that may occur to ensure high-quality standards and customer service • Maintain a thorough working knowledge of company and regulatory changes that affect the closing/funding process • Meet production and quality standards consistently • Follows up on any deficiency requests by Shipping and Post-Closing to ensure timely procedure for loan funding. • Responds to and resolves technical and complex problems that arise • Complies with Banks Policies and Procedures, as well as regulatory compliance