Coordinator - FHA Post Closing
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POST DATE 9/11/2016
END DATE 11/2/2016
JOB DESCRIPTIONOverview: About CIT
CIT (NYSE: CIT) was born in 1908 when Henry Ittleson found a new way to make financing available to businesses in St. Louis, Missouri. Soon CIT was forging paths across the country, into Canada and overseas. But time and experience have produced innovations unimagined a century ago. True to its pioneering legacy, CIT remains an agent of opportunity, providing new resources and fresh perspectives to over one million clients across thirty industries around the globe.
CIT is a financial holding company. It provides financing, leasing and advisory services principally to middle market companies across more than 30 industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A.
For more than 100 years, CIT has steadily innovated, providing carefully tailored financing solutions to meet the needs of a changing global economy. Along the way, CIT continually redefined what it means to be a financing partner, providing ideas as well as capital to build businesses - and relationships - that have endured for decades.
Responsibilities: The Coordinator - FHA Post Closing schedules loan closing, compiles and types closing documents by performing the following duties:- Reviews approved mortgage loan to determine conditions that must be met prior to closing- Work with the borrower, real estate broker, and title company to request specified documents- Verifies accuracy and consistency of specifications on documents, such as title abstract and insurance forms- Coordinates with the borrower, Realtor, and others to arrange time and date for closing- Enters numbers and calculates loan interest, principal payment, and closing costs- Assembles documents for delivery to title company, real estate broker, or lending officer for closing- Records loan information in log and on government reporting forms- Compiles closed loan closing documents for entities and Customer Lines of Credit
Qualifications: Ability to organize and coordinate multiple tasks
- Strong oral and written communication abilities
- Excellent customer service skills
- Ability to adapt to change
- Works well under time constraints
- 3 - 5 years of recent experience within FHA mortgage operations, preferably as a loan funder
- High school diploma or general education diploma (GED)
Experience: 3+ years of FHA mortgage experience