The Mortgage Loan Closer will perform a variety of tasks on Mortgage Loan Files in preparation for funding.
JOB DUTIES AND RESPONSIBILITIES (include but are not limited to): Tasks will include prepping the file for closing, preparing closing instructions, preparing closing documents, coordination with internal teams, coordination with settlement agents, preparing and balancing closing numbers, arranging funding wires or checks, rechecking that disclosure tolerances are within guidelines, reconciliation of files and scanning/shipping of closed files. Competently review loan files to insure all conditions are cleared and file is ready to close Competently review title commitment to insure all title issues have been remediated prior to drawing closing documents Perform accurate and complete input into Client's system in preparation of drawing closing documents. Coordinate delivery of closing documents to settlement agent. Review state requirements to be sure closing meets all state requirements Coordinate with settlement agent to obtain final HUD-1. Review the HUD for compliance with closing instructions and balance the HUD-1. Review returned documents for accuracy and completeness prior to funding in escrow states Confirmation that disclosure tolerances are within guidelines Arrange for the funding wire or check and meet any warehouse requirements Scan and ship the final closing documents per client requirements
Education: High School Diploma or equivalent minimum
Experience: Minimum of six months mortgage funding/ title closing experience Familiarity with mortgage loan documents is required Prefer 1 ½ years mortgage loan closing experience
Other Skills/Knowledge: Excellent customer service skills Excellent verbal and written communication skills Ability to work independently and handle multiple priorities Ability to handle a heavy workload Excellent organizational abilities Ability to handle frequent changes Proficient math skills Computer skills â€“ Windows, Microsoft Word, Excel and LOS systems preferred Confidentiality required in handling of security Must perform duties in an accurate and timely manner Ability to handle in a professional and competent manner all communications with the borrower, loan officer, vendors and other internal departments Must perform duties in an accurate and timely manner Ability to handle in a professional and competent manner all communications with vendors, settlement agents, title companies and internal departments
Testing: Testing for mortgage proficiency is a requirement of this position
Performance Standards: Ability to close 65 loans per month Ability to handle closings in multiple states
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The position requires the employee to frequently sit and operate a computer and telephone with the ability to see details at close range (within a few feet of the observer) General indoor office conditions in a temperature controlled environment Low noise levels that can increase to moderate during group discussion and/or operation of basic office equipment such as copiers or printers
Urban Settlement Services, LLC is an equal opportunity employer and does not discriminate on the basis of race, religion, color, national origin, age, sex, gender, disability or any other characteristic protected by law.
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