Mortgage Closer

Overview

The Mortgage Closer is a senior clerical position within the Mortgage Division. This position will be responsible for preparing and sending mortgage closing documents to attorney. This position will also review and approves HUD-1 settlement statements and/or closing disclosures and fund loans.

Location listed is preferred office location but other locations within the Renasant footprint may be considered based upon convenience and business necessity.

RENASANT BANK IS AN EQUAL OPPORTUNITY EMPLOYER

Responsibilities

• Coordinate mortgage loan closings with closing agents, loan originators, and loan processors for correspondent/wholesale lenders and retail lenders
• Prepare mortgage closing packages, per closing instructions, and send to closing attorney with funds (if applicable) prior to closing
• Review and approve HUD-1 and HUD-1A's for closing and/or closing disclosures for closing
• Calculate APR and issue final TIL when applicable
• Prepare funding worksheet to calculate net funded wire
• Wire funds to closing agent or correspondent bank as needed to fund or purchase a loan
• Run tickets to clear funding (if applicable)
• After loan closing, finalize loan in a timely manner in preparation for the post closing department
• Work with loan underwriters, processors, and post closing on any outstanding conditions to be cleared
• Promote and maintains good public relations with customers, realtors, and attorneys
• Perform other related duties as assigned

Qualifications

• High school diploma or equivalent required
• Minimum of 2 years job related experience
• Ability to operate a personal computer using Microsoft Word and Excel
• Working knowledge of loan documentation and bank terminology
• Must have working knowledge of RESPA and TILA regulations
• Basic knowledge of Accounting
• Ability to deal tactfully and effectively with customers as well as fellow employees
• Good organizational skills and ability to manage time efficiently within deadlines
• Ability to read, understand, and adhere to internal and governmental policies and procedures
• Ability to learn and utilize all necessary computer applications

Physical Demands

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand or sit; kneel, stoop, or squat; use hands or fingers to handle or feel objects, tools or controls; reach with hands and arms, and talk or hear. The employee is occasionally required to walk. The employee must occasionally lift and /or move up to 25 pounds. Specific vision abilities required by this job include close vision, peripheral vision, depth perception and the ability to focus.

Work Environment

The Bank's professional working environment requires employees to communicate effectively, both verbally and in writing. Employees must demonstrate strong interpersonal skills when working closely with internal business partners and external clients. Employees may be exposed to confidential and propriety information within the working environment, therefore, must uphold confidentiality at all times. Due to the possibility of being exposed to high risk situations (i.e. robbery), detailed instructions and procedures are required to be followed at all times to safeguard the Bank's employees, customers, and assets.

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. The principal duties and responsibilities enumerated are all essential job functions except for those that begin with the word "May".

This job description is intended to describe the normal level of work required by the person performing the work. The principle duties outlined are the essential responsibilities and duties. Other duties may be assigned as needs arise. Job requirements and/or processes may be modified to reasonably accommodate persons with a disability as required by law.

This description is not intended as a contract and is subject to change. Any written contractual agreements supersede this job description.