We are seeking a detail-oriented candidate to join us as a Mortgage Closer. This role requires extensive knowledge of mortgage procedures and a strong understanding of state and federal regulations. The incumbent will be responsible for preparing documents for mortgage loan closings and managing key interactions with Loan Applicants and Closing Agents. A keen eye for detail is essential.
Roles and Responsibilities
Prepare loan closing documents.
Ensure all documents comply with loan terms.
Identify and correct errors or mistakes in documents.
Confirm accurate pricing programs for insured loans.
Coordinate with applicants, attorneys, closing agents, and vendors.
Answer questions related to loan processing procedures.
Schedule loan processing and ensure timely closure.
Calculate and present the principal amount and interest rate.
Analyze and monitor all outstanding amounts before loan closure.
Comply with local, state, and federal regulations.
Ensure compliance with company policies and workplace guidelines.
Perform other duties as assigned by management.
Requirements
Graduate in any discipline.
1-4 years of experience as a full-fledged mortgage closer.
Ability to identify and document entire loan packages for a complete file.
Well-versed in closing documentation requirements and US Federal and State Regulations.
Knowledge of standard mortgage terminology.
Thorough knowledge of industry standards and guidelines.
Excellent problem-solving abilities.
Strong verbal and written communication skills.
Good analytical skills and ability to make decisions based on facts.
Team player, adaptable to change, and able to handle pressure positively.
Proficient with MS Office applications, LOS, LMS, and Selling guide navigation.
Flexible with both day and night shifts.
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