Getting a mortgage closer job.

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Comments (23)

Host

How did you get your start doing mortgage closer work, and what career moves did you make to get to your current position?

Do you need a particular educational background?

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sharon wilson in Gay, Georgia

62 months ago

I would like to go into mortgage closer, because I work now in mortgage collections, and customer service. I also have a certificate in Loan processing, what courses do I Need to take in order to start my career as a closer

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John Doe in North Hollywood, California

48 months ago

Host said: How did you get your start doing mortgage closer work, and what career moves did you make to get to your current position?

Do you need a particular educational background?

All it takes is skills and nerves i can show you how but you have to follow my directions!

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sharon in Atlanta, Georgia

48 months ago

John Doe in North Hollywood, California said: All it takes is skills and nerves i can show you how but you have to follow my directions!

yes, but you show me how....
Is John Doe your name or alias

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John Doe in North Hollywood, California

48 months ago

Alias and timeing is everything its not that sis

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Tim B in Phoenix, Arizona

48 months ago

sharon wilson in Gay, Georgia said: I would like to go into mortgage closer, because I work now in mortgage collections, and customer service. I also have a certificate in Loan processing, what courses do I Need to take in order to start my career as a closer

In case you are interested in a job to create a residual income, if you are a very serious person, if you are willing to work in a sale/+training field, I will like to tell you about the company I work with. We are a Health Company seeking more people in all States. Very complex training is provided. Customer service experience + our training will help you very much to become successful. To contact me, reply to this comment and I will receive an email directly.

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John Doe in North Hollywood, California

48 months ago

I would 1st advise you to get your series 7

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sharon in Atlanta, Georgia

48 months ago

yes, give me more information about it ,and what it entails

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John Doe in North Hollywood, California

48 months ago

ameriprize and any other finacial institution can show you the way,theres one other option though send me a money order for $395 and ill show you the way !

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sharon in Atlanta, Georgia

48 months ago

I dont give away money unless I know what I am giving my money to, you really havent told me anything...

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sharon in Riverdale, Georgia

48 months ago

You most certainly got that right, I will keep looking, instead of giving my money to some unknown source.....because they trying to get monies from somebody

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John Doe in North Hollywood, California

48 months ago

Hi sharon i cant realy show you how to be a closer its a case by case senario but i can show you how to lock them so that you dont waist you time with them,its a numbers game and the trick to it is in the quality of thoes numbers to have a low fall out ratio you have to refine your pipeline and the best way to do that is understanding loan guidelines/product knowledge and priceing i hope this helps you out you need to be as sharp as possible some people just like talking to sales people (sharp radar)dont be a subprime savant,be mortgage savant do you see the difference ? google finacial info there are tutorials for a fee let me know if you need more info!

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timbalaj in Phoenix, Arizona

48 months ago

In the case your think i want you to take some money from you,your mistaking! I look in forums for people with no jobs, and and offer them the shot in the company i work ,our company needs sells representative for healthy products in all USA states. And i do all of this for free. And i think when somebody needs a job is noting better then to receive info in what is available. Why i do not give the company name? I sort people! My referral will get you a job and we need only serious people.
i fill sorry for the ones sent me bad words responds. i can help.

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John Doe in North Hollywood, California

48 months ago

if there were bad words they werent directly pointing at you there pointed at the industry in general (sales) anyone can get a job for straight comm within walking distance from there home to save gas as you can see im a budget warrior but if im wrong then please tell me more!phoenix

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Marcia Thompson in Anderson, Indiana

47 months ago

timbalaj in Phoenix, Arizona said: In the case your think i want you to take some money from you,your mistaking! I look in forums for people with no jobs, and and offer them the shot in the company i work ,our company needs sells representative for healthy products in all USA states. And i do all of this for free. And i think when somebody needs a job is noting better then to receive info in what is available. Why i do not give the company name? I sort people! My referral will get you a job and we need only serious people.
i fill sorry for the ones sent me bad words responds. i can help.

I am interested. With this job do you work from home. Please contact me.. msthompson27@yahoo.com

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sharon in Atlanta, Georgia

46 months ago

GIVE ME MORE DETAILS ON THIS OPPORUNITY, YES, I AM WORKING....

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bluetoad in Saint Paul, Minnesota

38 months ago

Sharon, John Doe is an idiot! Why did you wait so long to Report Abuse.

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Dianne DePace in Middletown, Delaware

37 months ago

Host said: How did you get your start doing mortgage closer work, and what career moves did you make to get to your current position?

Do you need a particular educational background?

What is a job detail for a mortgage closer?

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Dianne DePace in Middletown, Delaware

37 months ago

I have a opportunity to have a interview with a mortgage company about being a mortgage closer.
What Would I being doing in this job?

Thanks
Dianne DePace

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mike the closer in San Antonio, Texas

32 months ago

im a mortgage closer for USAA so i close stricly VA Refinances and Purchases. I can do conventional loans but im just not required to. a mortgage closers job in a nutshell is.....

make calls to title requesting title commitment/title policies

setting up escrow accounts (impound accounts) (this requires to review tax certificates/calling counties (although the title company should know this so you dont have to call county too much) setting up escrow accounts also include reviewing insurance dec pages, and flood certificates.

prepare all closing documents. Most companies have systems like UNIFY and alike and basically you fill in the blanks using various docs (payoffs, sales contracts, title commitment, Certificate of Eligibility (VA specific) Notice of Value (VA specific), Appraisals, Pest Inspections, POA's...and quite a few others.anyhoo when u fill in all these blanks....you are essentially filling in the blanks on the docs. over time you realize what docs are what and what should be filled out.

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mike the closer in San Antonio, Texas

32 months ago

First step (when a loan is ready to close) you have to send closing instructions to the title company/attorney (whoever is going to do the closing) these instructions tell title how to prepare a HUD-1 .... which you review and approve.

then you order the funds the title company needs for closing

after closing you have to get a copy of any funding conditions needed (usually its a signed hud or a VA/FHA amendatory clause or other things..it varies...everything does in this business) and you tell them yes...they can disburse the funds as needed
of course...it is much more tideous and complicated than what i put and i only hit the very tip of the iceberg..maybe 1% of it. there are many many many different situations, scenarios, variables and what have you.
as for education...i was in mortgage servicing for 2 yrs...got lucky to get this job and just learned as i went. its not for everyone. you are constantly working with a sense of urgency as for pay, i make about 45K

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John D in Shirley, New York

30 months ago

Please send me the info

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crazy in Reelsville, Indiana

26 months ago

John Doe in North Hollywood, California said: ameriprize and any other finacial institution can show you the way,theres one other option though send me a money order for $395 and ill show you the way !

send me 395 of cash because you are full of B.S.

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