Mortgage Closer

Planet Home Lending, LLC; United States; Remote; USD 60,000 - 90,000; Full time

Job summary

Planet Home Lending, LLC is seeking a Mortgage Closer to join our team of seasoned mortgage professionals. You will review loan packages, schedule closings, and prepare loan closing documents prior to funding.

The role requires three years of residential mortgage closing experience, strong knowledge of RESPA, FHA/VA, FNMA and FHLMC guidelines, and proficiency with Encompass and MS Office. Excellent written and verbal communication and attention to detail are essential.

Qualifications

• Minimum three years of loan closing/funding experience in residential mortgage.
• Strong knowledge of RESPA disclosures and FHMA/FHMA guidelines.
• Excellent written and verbal communication and attention to detail.

Responsibilities

• Manages pipeline of loans to ensure service standards and financial goals are met.
• Prepares initial closing disclosure along with closing package; ensures regulatory compliance.
• Prepares, balances, and emails final closing disclosure to title company; coordinates timely delivery.
• Balances final figures with title and orders wire from wire desk.
• Communicates with team and external entities to facilitate a prompt closing.
• Reads and resolves loan compliance issues during closing/funding; handles post-closing/audit findings.
• Performs other duties as assigned.

Skills

Attention to detail

Communication skills

Time management

Customer service

MS Office

Education

High school diploma or equivalent

Tools

Encompass

Mortgage origination systems

Job description

Job Description

Join a winning team of innovative thinkers, seasoned mortgage professionals, and financial experts. Build your career at Planet—recognized as a Top Mortgage Employer by National Mortgage Professional.

Job Summary

The Mortgage Closer is responsible for reviewing loan packages, scheduling loan closings, and preparation of loan closing documents prior to loan funding.

Essential Duties and Responsibilities

• Manages pipeline of loans to ensure service standards and financial goals are met. Reviews files for accuracy, updates information on LOS as needed, and clears closing conditions.
• Prepares initial closing disclosure along with closing package. Ensures loans are in accordance with federal and state regulations such as, but not limited to, RESPA, HMDA, and Fair Lending Practices.
• Prepares, balances, and emails final closing disclosure to title company. Communicates with title company on final documents and ensures docs are delivered in a timely manner for scheduled loan closing.
• Balances final figures with title and orders wire from wire desk.
• Effectively communicates with team members as well as outside entities to facilitate a prompt, efficient closing of each loan.
• Reads and resolves any loan compliance issues during closing/funding process. Responds to and resolves any post-closing/audit findings.
• Performs other duties as assigned.

Position Requirements

Education

High school diploma or equivalent required

Experience

Three years loan closing/funding experience in residential mortgage

Functional/Technical Skills

• Working knowledge of RESPA disclosures, FHA, VA, FNMA, and FHLMC guidelines along with title commitments, hazard and flood insurance policies
• Effective written and verbal communication skills
• Demonstrates a commitment to quality customer service
• Strong attention to detail
• Well organized with the ability to multi-task
• Demonstrates strong time management skills with the ability to meet deadlines
• Works well with others
• Proficient in all compliance-related regulations including RESPA
• Strong mathematical skills
• Strong PC skills (MS Office products) and experience with mortgage origination systems
• Working knowledge of Encompass preferred