Mortgage Closing Processor

The Savings Bank; Circleville, Northern (OH, KY); Hybrid; USD 42,000 - 62,000; Full time

Job summary

Paylocity in Circleville, Ohio is seeking a Mortgage Closing Processor to coordinate closing and post-closing activities for conventional, FHA, VA and FNMA loans. The role requires attention to detail, strong communication, and the ability to manage multiple tasks in a fast-paced environment.

Responsibilities include preparing disclosures, coordinating with lenders and title companies, and ensuring TRID compliance and investor requirements are met.

Qualifications

• 2+ years closing/processing conventional, FHA, VA and FNMA loans.
• Knowledge of Reg B, Reg C, Reg X and Reg Z.
• Detail oriented with accuracy.
• Strong communication and interpersonal skills.
• Ability to prioritize and meet deadlines.
• Positive attitude in a team environment and adaptability.
• Experience with Mortgage software.
• High School diploma or GED equivalent.

Responsibilities

• Close and process conventional, FHA, VA and FNMA loans.
• Prepare closing documents and disclosures, ensure TRID wait period accuracy.
• Coordinate with lenders, title companies and borrowers; set closing date.
• Order wires and fund loans; communicate closing status.
• Back-up to Loan Processor to advance loans through pipeline.
• Ensure compliance with investor requirements in post-closing.

Skills

2+ yrs experience

Regulatory knowledge

Detail oriented

Communication skills

Time management

Team player

Mortgage software

Education

High School diploma or GED

Tools

Mortgage software

Job description

Description

Location – Circleville, Ohio

Job Area – Mortgage Lending

Employment Type – Full-time

FLSA Classification – Non-Exempt

Primary Schedule – Monday - Friday

Supervisory Responsibility – None

Travel – None

The Mortgage Closing Processor facilitates all aspects of the closing and post-closing process, for accuracy and completeness.

Closing Duties and Responsibilities

• Ensure all conditions have been satisfied prior to setting the closing date.
• Set the closing date with title companies and borrowers.
• Validate all lender and third party fees and disbursements.
• Prepare and send closing documents.
• Prepare and send closing disclosures and ensure its accuracy based on TRID required wait period.
• Understand Bank, investor, agency and government products, programs and services.
• Understand and follow Bank policies and procedures.
• Communicate closing status with mortgage consultants, realtors, builders and bank partners as needed.
• Orders wires and fund loans.
• Serve as back-up to Loan Processor to advance loans through the pipeline as needed.

Post-Closing Duties and Responsibilities

• Ensure the property data is complete and accurate and the Note and Security Instrument are compliant with Fannie Mae/Freddie Mac requirements as deliverable documents.
• Submit case FHA VA case binders for review/approval.
• Ensure all closed loans are delivered according to investor lending policies by validating and verifying all information before file delivery; making sure credit and collateral are documented accurately throughout the file and associated systems.
• Assist in effectively communicating with investors to satisfy all post-closing and post-purchase audit discrepancies.
• Communicate any discrepancies found within a closed loan file with the Mortgage Loan Processor or Loan Officer and coordinate solutions for resolution.
• Retrieve all trailing documents from settlement agencies and county clerks' offices, ensure they are in compliance and deliver the investor within required time frames.
• Satisfy all internal and external audit requests within required time frames.

Requirements

Qualifications/Experience

• 2+ years experience closing and/or processing conventional, FHA, VA and FNMA loans preferred
• Knowledge of Reg B (ECOA), Reg C (HMDA), Reg X (TRID) and Reg Z (TILA) preferred
• Detail orientated to review information and documents for accuracy.
• Demonstrate strong communication and interpersonal skills, collaboration, and organization skills.
• Ability to prioritize and effectively manage time to meet deadlines.
• Positive attitude in an open, team environment, ability to adapt to change and work with others.
• Experience with Mortgage and/or Consuming Lending Software preferred
• High School diploma or GED equivalent

*This job description is not intended to cover or contain a comprehensive listing of activities, duties, or responsibilities required of employees in this position. Further, this job description should not be considered an employment contract. All employment is employment-at-will. We reserve the right to modify job duties or descriptions at any time.