We are seeking a detail-oriented and highly organized Mortgage Loan Closer to join our team! This is an in-office position at our Grand Rapids office. At least 2 years of mortgage loan closing or loan processing experience is required.
A Mortgage Loan Closer is responsible for ensuring that mortgage loans are accurately prepared, compliant with regulations, and ready for a smooth closing experience. The Loan Closer serves as the final checkpoint before closing. The responsibilities of a Loan Closer include reviewing documentation, balancing closing disclosures, and coordinating with internal teams and settlement agents to ensure every transaction closes successfully and on time. If you thrive in a fast-paced environment, enjoy solving problems, and take pride in precision, this role is an excellent opportunity to contribute to a high-performing mortgage operations team!
Essential Duties and Responsibilities:
- Comply with all state requirements.
- Manage and maintain an active closing and funding pipeline.
- Monitor the Initial Closing Disclosure (ICD) queue to ensure loans are meeting the expected closing timelines.
- Ensure that all loans remain compliant with regulatory and company guidelines throughout the closing process.
- Collaborate closely with Loan Processors, Underwriters, Compliance teams, and Title/Settlement agents.
- Verify the accuracy of all essential loan information and documents, such as vesting, homeowner's insurance, title work, and fees.
- Prepare and balance the Final Closing Disclosure, working with title companies to confirm final numbers.
- Verify and order title company wire information.
- Confirm all underwriting conditions and quality control requirements have been satisfied prior to closing.
- Communicate proactively with internal and external partners to resolve any closing issues quickly.
- Prepare and deliver the final closing package to the settlement agent prior to closing.
- Follow up with settlement agents to obtain required funding and post-closing documentation.
Essential Traits:
- At least 2 years of experience in mortgage loan closing, loan processing, or mortgage operations is required.
- Experience working in Encompass is preferred.
- Strong attention to detail and commitment to producing highly accurate work.
- Excellent written and verbal communication skills.
- Ability to prioritize multiple tasks and manage deadline in a fast-paced environment.
- Proven ability to collaborate with cross-functional teams.
- Strong organizational and problem-solving skills.
- Proactive mindset with the ability to identify and resolve issues before closing.
- Represents Treadstone and their team in a professional manner.
We are an equal opportunity employer and value diversity. All employment decisions are based on qualifications, merit, and business needs.