Mortgage Loan Closer

Job Description

I. JOB SUMMARY:

Under the direction of the Closing Manager, reviews approved files and prepare the files for closing.

II. DUTIES & RESPONSIBILITIES:

• Reviews Survey & Title Commitments for liens/judgments/easements.
• Prepares loan closing documents.
• Accurately records all required information into Encompass/IDS doc prep system.
• Reviews/Approves HUD-1 within 1 hour of receipt.
• Orders wire upon HUD-1 approval/balance wire (when necessary).
• Knowledge of High Cost, FNMA 5%, HOEPA, HPML test.
• Strong working knowledge of RESPA/2010 GFE.
• Working knowledge of MDIA/TILA.
• Promptly responds to general closing questions from branches, Closing Manager, Post Closing, Title Agents and or
Accounting.
• Performs any task necessary in the absence/over flow of other Closers within the department, as needed.
• Assists in training new employees within the Closing Department, as needed.
• Adheres to minimum production standard.
• Maintains a professional image and adheres to standards consistent with company
• policies and procedures.
• Other duties as assigned.

III. JOB REQUIREMENTS:

• High school diploma or equivalent.
• Minimum of 3 - 5 years current closing experience, required.
• Excellent communication skills, both verbal and written.
• Ability to meet deadlines.
• Team Player.
• Ability to adapt quickly to a rapidly changing environment.
• Demonstrated ability to interact effectively with Title Agents, branch and corporate personnel.
• Must be able to work all regularly scheduled hours; arriving at scheduled reporting time and at the prescribed time after
any breaks or lunch periods.
• Must be able to work overtime on short notice, as required.

DISCLAIMER: The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the company.