Mortgage Loan Closer
Loan Closer Overview: This community bank in growth mode is looking to add Loan Closers to oversee the closing and disbursement of mortgage loans while ensuring compliance with federal, state, and investor requirements. This is a fantastic opportunity to expand your professional horizon. Along with a Class A work environment, friendly colleagues and upscale location,employees enjoy an excellent benefits package which includes paid vacation and sick leave, 401K plan, health, dental and vision plans, wellness plan, paid training opportunities, pre-tax flexible spending accounts and tuition reimbursement
-Prepares Loan Packages in accordance with State, Federal, and Investor Lending Guidelines
-Reviews and approves the HUD-1 settlement statements
-Perform audit of RESPA/TILA requirements as it pertains to the issuance of Good Faith Estimates, Truth in Lending Disclosures, and bona fide changes in circumstances
-Final compliance review of the loan to ensure adherence to high cost tests, TILA, RESPA, HOEPA requirements
-Review of executed loan documents to ensure accuracy and proper execution prior to issuance of funding authorization
-Ensures accurate purchase request of funds via the warehouse bank in reconciliation with the final approved HUD-1
-Acts as the main company point of contact for closing/disbursement questions and/or concerns as it pertains to assigned files
-2 years? experience in closing since January 2010
-Correspondent lending background preferred
-Experience in closing various loan programs ? Conventional, FHA, VA, USDA
-Must be able to multi-task and work well in fast paced environment
-Ability to read, analyze and interpret the most complex documents.
-Ability to respond effectively to the most sensitive inquiries or complaints.
-Ability to define problems, collect data, establish facts, and draw valid conclusions.
-Ability to interpret an extensive variety of technical instructions and deal with several variables.
Certificates, Licenses, Registrations:
-Ability to satisfy any specific state certifications as required by law
We are an equal employment opportunity employer and will consider all qualified candidates without regard to disability or protected veteran status.