Mortgage Closer

Exchange Bank: Relationships You can Bank On; Lincoln (NE); On-site; USD 60,000 - 75,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401k with employer match

Vacation and Sick time starting day 1

FSA and HSA with employer contribution

Job summary

Exchange Bank is seeking a detail-focused mortgage closing specialist to prepare and finalize compliant closing disclosures within TRID timing guidelines. You will monitor disclosures, re-disclose as required, and coordinate with lenders and title company to ensure accurate documents.

Collaboration with borrowers is essential for a smooth closing experience. The role requires 2+ years in mortgage closing/processing (Encompass), a high school diploma or equivalent, and a strong knowledge of loan

Qualifications

• Excellent communication skills, both verbal and written.
• Ability to handle a heavy workload and multiple tasks professionally.
• Strong attention to detail and accuracy with confidential information.
• Team-oriented and able to work in a collaborative environment.

Responsibilities

• Prepare and complete accurate and compliant initial and final closing disclosures within TRID timing guidelines.
• Re-disclose Closing Disclosures as required for change in circumstance events or APR changes and determine the new waiting period.
• Review title commitment, homeowner’s insurance, flood certification, invoices, etc. for correct input on closing documents.
• Work closely with lenders, title company, and borrowers to ensure a smooth closing experience.

Skills

Communication skills

Attention to detail

Organizational skills

Confidential information handling

Education

High School diploma or equivalent

College degree or business-related training

Tools

Encompass software

Job description

Job Duties

• Prepare and complete accurate and compliant initial and final closing disclosures within the TRID timing guideline requirements. Monitor borrower’s receipt of the Closing Disclosure.
• Re-disclose Closing Disclosures as required for change in circumstance events or APR changes and determine the new waiting period. Coordinate delays with lenders and title company.
• Review title commitment, homeowner’s insurance, flood certification, invoices, etc. to make sure all information is inputted and showing correctly on closing documents

Qualifications

• Review file to make sure all compliance guidelines are met (HMDA, RESPA, TRID, etc.)
• Analyze and interpret compliance report for each file (MAVENT)
• Prepare closing documents to ensure loan is closed properly and meets program and investor guidelines.
• Work closely with Lenders, title company and borrowers to ensure a smooth closing experience for all involved.

JOB REQUIREMENTS/QUALIFICATIONS:

• 2+ years of experience in mortgage closing and/or processing using Encompass software required.
• High School diploma or equivalent required. College degree or business-related training/ education with equivalent work experience preferred.
• Knowledge of different loan types and mortgage industry regulations
• Excellent communication skills, both verbal and written.
• Must be able to demonstrate organization and the ability to handle a heavy workload and multiple tasks in a professional, efficient manner.
• Ability to work in a team environment.
• High level of accuracy with attention to detail and ability to handle confidential information.

Full benefits package is available, including:

• Health, Dental, Vision, Life and Disability Insurance
• 401k with employer match
• Vacation and Sick time starting day one
• FSA and HSA with employer contribution to HSA

Exchange Bank is an Equal Opportunity Employer, M/F/Disability/Protected Veteran