Mortgage Closing Specialist: Precision & Compliance

7 17 Credit Union; Streetsboro (OH); On-site; USD 42,000 - 64,000; Full time

Job summary

7 17 Credit Union in Streetsboro, OH seeks an experienced Mortgage Closing Specialist to manage real estate loan closures and ensure regulatory compliance. You will prepare closing documents, review title work, generate Closing Disclosures, and coordinate between title companies, borrowers and lenders.

Required qualifications include a high school diploma, at least 18 months closing-docs or underwriting experience, strong communication, Excel/Word proficiency, and knowledge of real estate

Qualifications

• High school diploma or equivalent.
• 18 months experience preparing closing documents or underwriting real estate loans.
• Excellent communication skills.
• Deep understanding of real estate loan regulations and secondary market guidelines.
• Strong PC, typing, Microsoft Excel and Word skills.
• Knowledge of Byte LOS a plus.
• Must obtain an acceptable score on an Excel assessment.

Responsibilities

• Ensure application and loan documentation is complete and accurate for product type.
• Prepare error-free closing documents for signing to ensure loan is closed in compliance with company and regulatory requirements.
• Review title insurance reports and resolve any discrepancies.
• Generate compliant Closing Disclosure within required timeframes to meet purchase contract expiration date and accurately calculate final closing costs.
• Communicate with all parties involved in the transaction including but not limited to Applicant/Member, Underwriter, Branch Staff, vendors, partners and Title Company.
• Schedule and coordinate loan closing between title company and borrower.
• Accurately enter loan information into Loan Origination system.
• Accurately on-board loans to the core system.
• Ensure receipt of final signed loan package from title company in a timely manner.
• Complete monthly construction loan billing and conversion to end-loan upon completion of construction.
• Keep informed of current trends in real estate lending and regulations.
• Meet individual and department goals.
• Assist in development of training materials and maintenance of job process and procedures on company intranet.
• Assist in delivery of sold loans to investor and sub-servicer.
• Assist with tasks associated with mortgage loan servicing including but not limited to escrow, ARM changes, annual notices, payment corrections, logging receipt of recorded mortgages and final title policies and help desk tickets.
• Identify and resolve discrepancies or issues with closing process or documents.

Skills

Closing documents

Loan underwriting

Real estate knowledge

Excel

Communication

Education

High school diploma

Tools

Byte LOS

Job description

7 17 Credit Union in Streetsboro, OH seeks an experienced Mortgage Closing Specialist to manage real estate loan closures and ensure regulatory compliance. You will prepare closing documents, review title work, generate Closing Disclosures, and coordinate between title companies, borrowers and lenders.

Required qualifications include a high school diploma, at least 18 months closing-docs or underwriting experience, strong communication, Excel/Word proficiency, and knowledge of real estate