Loan Closer

Southwest Funding LP; Town of Texas (WI); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

401(k) with match up to 2%

Health insurance

Dental insurance

Vision insurance

Paid time off

Job summary

A reputable mortgage lender in the United States is seeking an experienced Mortgage Loan Closer to manage loans through to closing. Responsibilities include coordinating with various stakeholders, ensuring documentation compliance, and maintaining a high standard of customer service. The position requires over 3 years of mortgage loan closing experience, knowledge of different loan types, and strong organizational skills. Joining our team means an opportunity for growth and a comprehensive benefits package, including health and dental insurance.

Qualifications

• 3+ years of Mortgage Loan Closing experience required.
• Knowledge of different mortgage loan types (Conventional, FHA, VA, USDA, Fixed Rate, Adjustable Rate, Buydown, Construction).
• Working knowledge of TRID and other Federal and State mortgage compliance regulations.
• Ability to understand and comply with company policy and other guidelines.

Responsibilities

• Manage a pipeline of loans for timely, smooth closing.
• Coordinate with title company and branches to meet closing conditions.
• Review documentation for accuracy and compliance.
• Prepare and review closing documents.
• Order wire and coordinate release of funds.

Skills

Relationship-building

Mortgage loan closing

Customer service orientation

Organizational skills

Attention to detail

Verbal communication

Written communication

Listening skills

Critical thinking

Ability to work independently

Team collaboration

Tools

LOS (Encompass)

Adobe

Microsoft Word

Microsoft Excel

Job description

The closers responsibilities include reviewing loan data, completing missing or erroneous data and reviewing information submitted by the branches.

Who We Need:

We're seeking a highly relational individual with a strong drive for excellence. The ideal candidate will possess exceptional relationship-building abilities and consistently pursue high standards in their work. Alignment with our core values and a positive attitude are essential qualities we're looking for in the right person to join our team.

What You Will Do:

• Manage a pipeline of loans to ensure a timely, smooth and compliant closing for customers.
• Work with title company, branch and corporate staff to coordinate closing & funding, ensuring all conditions are met and policies are followed.
• Review documentation such as title report, appraisal, survey, underwriting approval, initial disclosures, rate lock confirmation, insurance quote/dec page, payoffs, invoices etc. and compare to system of record for accuracy and compliance.
• Prepare and review Pre-Closing and Closing Documents and coordinate with title company to confirm the final closing figures, wire and closing conditions.
• Request document preparation and review from attorneys, as needed.
• Review signed closing documents from title for completion and accuracy and ensure all closing and funding conditions have been met.
• Order wire and coordinate release of funds with title.
• Assist with any needed Post-Closing conditions.
• Other duties and responsibilities as required; management may assign or reassign duties and responsibilities to this position at any time.

What You Need:

• 3+ years of Mortgage Loan Closing experience required.
• Knowledge of different mortgage loan types (Conventional, FHA, VA, USDA, Fixed Rate, Adjustable Rate, Buydown, Construction etc.).
• Must have working knowledge of TRID and other Federal and State mortgage compliance regulations.
• Ability to understand and comply with company policy, lender, investor and program guidelines as well as underwriting conditions.
• Must have a customer service orientation, excellent verbal and written communication skills.
• Excellent organizational skills and attention to detail.
• Demonstrates a professional and cooperative attitude in a fast-paced environment.
• Ability to prioritize work to meet deadlines (Closing & Funding Dates, Rate Lock and document expiration dates etc.)
• Effective listening and critical thinking skills.
• Ability to work independently and within a team environment.
• Strong Experience with LOS (Encompass), Adobe, Microsoft Word, Excel.
• eClosing experience is a plus.

What We Offer:

Strength, stability, and vision Opportunity for growth

401(k) / match up to 2% Dental insurance

Health insurance Vision insurance

Paid time of off

Southwest Funding, LP (NMLS #32139) is an equal housing lender.

This is not a commitment to lend or extend credit. Programs, rates, terms and conditions are subject to change without notice.