Mortgage Closing Specialist

Hancock Whitney; Gulfport (MS); On-site; USD 42,000 - 66,000; Full time

Job summary

Hancock Whitney is seeking a Mortgage Loan Closing Associate in Mississippi to close mortgage loans for secondary and in-house portfolios. The role involves reviewing applications, ensuring approvals, and coordinating with borrowers, brokers, title companies, and attorneys to finalize closings.

Responsibilities include assembling paperwork, verifying HUD figures, maintaining logs, and assisting with post-closing audits.

Qualifications

• High school diploma or GED; 1–3 months related experience and/or training; or equivalent combination of education and experience

Responsibilities

• Reviews mortgage loan application for completeness, accuracy and proper approval.
• Determines conditions before closing, such as purchase of private mortgage insurance.
• Calls borrower, real estate broker, and title company to request required documents.
• Coordinates with attorney and vendors to obtain documents per loan approval and financing type.
• Assembles package of Mortgage documents and supporting documents received.
• Verifies accuracy and consistency of specifications on documents, such as title abstract and insurance forms.
• Evaluates package and communicates any issues to loan originator and/or processor that impacts loan closing.
• Assists in correction of issues impacting closing.
• Identifies deficiencies and determines methods to correct them.
• Enters numbers and calculates loan interest, principal, and closing costs.
• Assembles documents for delivery to title company, broker, lending officer and/or attorney for closing.
• Delivers ready-to-close package to attorney by electronic delivery.
• Calls borrower, broker, and others to arrange closing time/date.
• Assists attorney with questions regarding closing conditions.
• Answers questions from borrower and originator regarding closing requirements.
• Evaluates escrowed items for compliance with policies and procedures.
• Calculates final HUD figures and guides attorney on settlement
• Records loan information in log and government forms.
• Compiles closed loan forms for post closers and investors.
• Assist Post Closing in audit, shipping of files, and scanning of documents.
• Performs other duties as assigned.

Education

High school diploma or GED

Job description

Hancock Whitney is seeking a Mortgage Loan Closing Associate in Mississippi to close mortgage loans for secondary and in-house portfolios. The role involves reviewing applications, ensuring approvals, and coordinating with borrowers, brokers, title companies, and attorneys to finalize closings.

Responsibilities include assembling paperwork, verifying HUD figures, maintaining logs, and assisting with post-closing audits.