Job Description

Closers review loan packages and create the Initial and subsequent Closing Disclosures (CDs).  They coordinate with Title and Settlement agents to ensure an on-time closing and ensure data in the CD is correct.

RESPONSIBILITIES AND DUTIES:

·         Requires 1-2 year of experience in preparing Initial and Final closing documents

·         Request fees from settlement agent

·         Prepare Prelim closing disclosure.

·         Issue initial closing disclosures/ re-disclosures to client

·         Review flood insurance/ flood certifications, Title commitment, ownership of deed, Loan approval, tax cert and prelim closing disclosures

·         Review Power of Attorneys (POA)

·         Review Cash to close

·         Create closing documents and monitor required waiting periods

·         Prefunding Quality Assurance (PQA)- pre closing audit prior to closing

·         Deliver final closing documents

·         Review final closing documents and clear to fund.

·         Request wire

QUALIFICATIONS:

BASIC:

·         High School Diploma or GED equivalent

·         At least 1 year of relevant work experience

PREFERRED

·         Has knowledge of commonly-used mortgage concepts, practices, and procedures within a particular field

·         Should have working knowledge with any Loan origination systems

·         Should possess basic knowledge to work on MS offices tools

·         Should have working knowledge with any Mortgage loan origination application. Preferably, BKFS application – Empower, MS