Job Summary
We are seeking a detail-oriented and knowledgeable Mortgage Closer to join our dynamic team. The ideal candidate will play a crucial role in the mortgage closing process, ensuring that all documentation is accurate and compliant with industry regulations. This position requires a strong understanding of loan processing, underwriting, and financial services to facilitate smooth transactions for our clients.

Responsibilities

• Review and verify loan documents for accuracy and compliance with Fair Housing regulations and TILA guidelines.
• Coordinate with loan officers, underwriters, and escrow agents to ensure timely closing of mortgage loans.
• Effectively communicate loan status and outstanding requirements with Loan Officer, Originator, Customer, and/or Supervisor as necessary.
• Prepare HMDA after each closing to be uploaded to compliance monthly.
• Prepare closing disclosures and other necessary documentation for borrowers.
• Communicate effectively with clients to explain closing processes and answer any questions they may have.
• Prepare loans for submission when all required exhibits are received
• Ensure that all funds are properly disbursed and that the transaction is completed in accordance with company policies.
• Confirm loan compliance with all state and federal regulations and policies, as well as investor/mortgage lending product and program guidelines.
• Maintain organized records of all closed loans for compliance and auditing purposes.
• Stay updated on changes in mortgage servicing regulations and industry best practices.

Experience

• Proven experience in loan processing or mortgage closing is preferred.
• Familiarity with Fair Housing regulations, TILA, and other relevant compliance standards.
• Background in banking or financial services is advantageous.
• Knowledge of escrow processes and procedures is a plus.
• Strong attention to detail and excellent organizational skills are essential.
• Ability to work collaboratively in a fast-paced environment while managing multiple tasks effectively.

Skills

• Basic skills in computer terminal and personal computer operation; mainframe computer system; and word processing and spreadsheet software programs.
• Excellent attention to detail and organizational skills.
• Exceptional time-management skills and ability to prioritize work.
• Familiarity with mortgage software such as Encompass, TurnKey, LendingPad, Caylx, etc.
• Exceptional customer service.