Job Description
Mortgage Loan Closer
Job Description:
+ Close first mortgage loans in accordance with applicable federal/state laws as well as company policies & procedures
+ Research, analyze, and problem solve system issues
+ Prepare mortgage packages for delivery to Settlement companies
+ Coordinate the closing & funding of assigned loan packages
+ Monitor mortgage loan process & ensure compliance with laws, practices, guidelines & regulations
+ Verify completeness and accuracy of approved credit packages
+ Determine amount to be withheld from loan proceeds, request and process internal payoffs and prepare request for loan disbursement
+ Ensure credit, underwriting and property conditions have been satisfied prior to closing
+ Maintain contact with lawyers, settlement agents and real estate brokers regarding the status of closing package
+ Prepare fully executed mortgage file for post-closing
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