
US Mortgage Pre-Closing Expert
5 days ago
We are seeking a skilled Loan Closing Specialist to join our team. In this role, you will play a crucial part in ensuring timely loan closings by coordinating with title and settlement agents.
As a Loan Closing Specialist, your key responsibilities will include:
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- Reviewing loan packages and creating Initial and subsequent Closing Disclosures (CDs)
- Coordinating with title and settlement agents to ensure timely closing
- Verifying data in the CD for accuracy
- Requesting fees from settlement agents and performing fee analysis
- Preparing Preliminary Closing Disclosure
- Issuing initial closing disclosures/re-disclosures to clients
- Monitoring individual closing pipeline, workload, and volume levels for maximum balance and efficiency
- Reviewing Power of Attorneys (POA)
- Reviewing Cash to Close
- Creating closing documents and monitoring required waiting periods
- Requesting preclosing audit prior to closing
- Delivering final closing documents
- Reviewing final closing documents and clearing to fund
- Ensuring disbursement takes place and loan moves to post close
The ideal candidate for this position will have a high school diploma or equivalent for US operations and a graduation degree for India operations, with at least 18 months of experience in preparing Initial and Final closing documents. Additionally, they will possess knowledge of commonly used mortgage concepts, practices, procedures, and Fannie Freddie guidelines. A working knowledge of any Loan Origination Systems is also essential.
If you are a detail-oriented and organized individual with excellent communication skills, we encourage you to apply for this exciting opportunity.
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