Residential Mortgage Loan Senior Closer

Fulton Financial; Northern (KY); Hybrid; USD 42,000 - 67,000; Full time

Benefits offered by this job

Medical plans with prescription drug

401(k) with employer match

Paid time off

Job summary

Fulton Bank in the United States is seeking an experienced Mortgage Closings Specialist to prepare, review and organize legal documents for residential mortgage settlements. The role supports various loan types and products and requires ensuring investor guidelines are met.

The senior position will mentor junior staff, lead process improvements, and handle complex assignments while maintaining strong relationships with attorneys, title companies and customers.

Qualifications

• 3+ years of residential mortgage banking and closing experience.
• Knowledge of TRID and closing procedures.
• Ability to mentor junior staff and lead projects.

Responsibilities

• Prepare, review and organize legal documents for residential mortgage loan and product settlements, and ensure conditions, including title binder, fees, closing service letter, wire instructions, and hazard and flood insurance policies are satisfactory for loan closure and are within investor guidelines
• Establish and maintain high quality working relationships with customers, attorneys and title companies, and guide internal customers in collecting documentation for second mortgages and/or other products
• Maintain knowledge of conventional and government mortgage closing procedures, guidelines, regulations and processes, and ensure compliance with TRID requirements
• Lead, train and mentor junior staff, resolve escalated issues, assist in the development and implementation of process improvements, complete special projects

Skills

Mortgage closing

Regulatory compliance

Communication

Education

High School Diploma or equivalent

Job description

Value Proposition

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

Overview

This is a full-time career opportunity that can be remote.

The primary responsibility of this position is to prepare, compile and organize legal documents for the settlement phase of residential mortgages for various loan types and products. Incumbents in the senior position will execute assignments of a higher degree of scope and complexity relative to the core position, complete special projects as assigned and mentor junior staff.

Responsibilities

• Prepare, review and organize legal documents for residential mortgage loan and product settlements, and ensure conditions, including but not limited to title binder, fees, closing service letter, wire instructions, and hazard and flood insurance policies are satisfactory for loan closure and are within investor guidelines
• Establish and maintain high quality working relationships with all customers, attorneys and title companies, and guide internal customers in the collection of appropriate documentation to secure second mortgages and/or other products
• Maintain in-depth knowledge of and ensure adherence to all conventional and government mortgage closing procedures, guidelines, regulations and processes, and ensure compliance with requirements under TRID
• Lead, train and mentor junior staff, resolve escalated issues, assist in the development and implementation of process improvements, complete special projects

Qualifications

Education

High School Diploma or equivalent. (Required)

Experience

3 or more years Residential Mortgage banking and closing. (Required)

Other Duties as Assigned by Manager

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Pay Transparency

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

The hourly rate for this position is $20.43 - $32.31.

Additional Compensation Components

This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

Benefits

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

EEO Statement

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.