Job Description
LoanMonkey needs to hire a Closer to join its rapidly growing team and to support our continued efforts to grow in 2021. The duties and responsibilities of the Closer are as follows:
- Prepare all loan documents and escrow instructions on all loans as required
- Review the file for conditions and/or instructions from the Underwriter
- Review and accurately detail all loan charges and prepare any documents required by the loan for closing/funding
- Verify pricing of loans – Rate, Points, Fees, APR state restrictions
- Review returning closing docs from the title company
- Balance loans against estimate and final Closing Disclosure statements
- Review title report for liens and judgments to be paid at closing
- Verify and balance funding figures in order to wire final loan proceeds to Title
- Fund loans and wire monies according to company standards and within the timeframes as expected by our customers
- Direct escrow officers on breaking down borrower’s closing costs and seller credits
- Review and sign off closing conditions including insurance information
In addition, you should have the following qualifications and skills in order to be successful in this position:
- Minimum of 2+ years residential mortgage loan closing/funding experience
- Excellent written and verbal communication skills
- Ability to prioritize and meet deadlines
- Attention to detail and strong organizational skills
- Ability to handle multiple tasks under tight time constraints with high volume. Ability to understand Form 1003 and Closing Disclosure
- Demonstrate the ability to work in a high-stress environment while maintaining professional comportment
- Must be proactive, work with a sense of urgency, thrives in a very fast-paced environment
- Proficient in Microsoft Office/Google Docs
- Familiarity with Byte Pro is preferred, but not required.
Company Description
A whole new technology-driven consumer direct mortgage lender, LoanMonkey originates home loans in CA and TX with plans to quickly expand to all 50 states. Founded by a proven team of mortgage professionals, LoanMonkey is positioned to grow rapidly.