Mortgage Loan Closer

Indotronix International Corporation

(remote)

JOB DETAILS
SALARY
$23–$25 Per Hour
SKILLS
Communication Skills, Consumer Regulations, Customer Support/Service, Demographics, Due Diligence, Electrical Wiring, Financial Reporting, Funding, Legal, Loan Closing, Loans, Mortgage, Mortgage Lending, Post Closing, Presentation/Verbal Skills, Regulations, Sales Closing Skills, Truth in Lending Act (TILA), Writing Skills
POSTED
1 day ago

Title: Mortgage Loan Closer

Location: Saint Petersburg, FL

Duration: 6 Months (Opportunity for extension)

Working Model: hybrid role onsite 3 days per week WFH 2 days per week

Description:

  • This person will be supporting the Mortgage Closing team in the capacity of a Mortgage Closer.

  • The loans they will be handling are from the clients of Financial Advisors as well as Florida Housing Loans which come from outside consultants.

Job Duties:

  • Send out closing disclosures via mail or electronically

  • Once a loan gets assigned to a closer, the closer will then be responsible for filling out the various forms (i.e. Title information, customer's demographic information, etc.)

  • Reach out to Title companies to obtain closing disclosure approval

  • Process funding and wiring requests

  • Process bond, FHA, and VA loans

Additional Responsibilities:

  • Obtains required loan documentation and may process less complex loan applications.

  • Orders credit verifications and third party services.

  • Tracks receipt of and reviews legal documents.

  • Sets up and monitors loan and financial ticklers to ensure accuracy and timeliness of receipt of documents.

  • Verifies loan files and supporting documents for accuracy and completeness.

  • Follows up on missing documentation.

  • Prepares and compiles documents for review and approval.

  • May prepare or review for accuracy, disclosures required by relevant consumer regulations.

  • May schedule or coordinate loan closings and clear for disbursement of proceeds.

  • Prepares compliance and accounting records and reports, as required by management and regulatory agencies.

  • May perform basic loan calculations.

  • Assists customers with basic inquires or problems.

  • May perform pre-closing/post-closing/due diligence review of legal agreements and other closing documents to terms of loan commitment.

  • Performs other duties and responsibilities as assigned.

Skills: Must Haves

  • At least 3 years of Mortgage Closing experience

  • Working knowledge of TRID (TILA-Respa Integrated Disclosure) and the Closing Disclosure Timing requirements

  • Experience reviewing Title commitments, Trust Agreements, and POA (Price on Application also known as Price on Asking)

  • Experience with Encompass required

  • High sense of urgency

  • Ability to meet strict deadlines

  • Team player; willing to pitch in whenever / where-ever needed

  • Professional at all times; clear and professional written and verbal communication skills

  • Adaptable to various personality types; ability to 'know their audience'

  • Reliable; good attendance record with current / previous employers - this department is constantly busy and needs all hands on deck

Keywords:

  • Education: Minimum of a High School Diploma or equivalent

  • Must have experience with the Encompass system

  • Minimum of 3 years of closing experience

Encompass, Closing, Closer

About the Company

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Indotronix International Corporation