Mortgage Closing Specialist: File Review & Funding

Poca Valley Bank; Charleston (WV); On-site; USD 42,000 - 64,000; Full time

Job summary

Poca Valley Bank in Charleston, WV is seeking a dedicated Mortgage Loan Processor to manage underwriting files, coordinate verifications, appraisals, title searches, and disclosures, and ensure timely submission to investors.

You will schedule closings, prepare closing documents, disbursement papers, and help ensure all mortgages are recorded and funded in compliance with investor requirements.

Qualifications

• Attention to detail and ability to manage complex files.
• Strong organizational and communication skills.
• Familiarity with mortgage documents and investor requirements.

Responsibilities

• Reviews new mortgage loan files and coordinates steps like ordering credit reports, verification of employment, appraisals, title searches, flood determination, surveys and title insurance; contacts customers and realtors to obtain information; submits underwriting packages to Investors or PMI company.
• Prepares maturing balloon loan modifications as directed by the loan officer.
• Schedules loan closing dates with buyers, sellers, real estate agents, and loan officers.
• Prepares closing documents (Note, Closing Disclosure), calculates buyer/seller costs, notifies parties, prepares disbursement papers, and ships closed loans to investors; ensures investor requirements are met for sale and distributes loan profits to GL accounts.
• Ensures all closed mortgages are recorded properly; completes forms and pays recording taxes; submits recorded documents to Investor.
• Balances Mortgage Loans Held For Sale GL or Appraisal GL; handles any other duties as assigned.

Job description

Poca Valley Bank in Charleston, WV is seeking a dedicated Mortgage Loan Processor to manage underwriting files, coordinate verifications, appraisals, title searches, and disclosures, and ensure timely submission to investors.

You will schedule closings, prepare closing documents, disbursement papers, and help ensure all mortgages are recorded and funded in compliance with investor requirements.