
Loan Closing Specialist
6 days ago
We are seeking an experienced Loan Closing Specialist to join our team.
- The ideal candidate will have 2-5 years of experience in preparing Initial and Final closing documents.
Closing Specialists review loan packages and create the Initial and subsequent Closing Disclosures (CDs). They coordinate with Title and Settlement agents to ensure an on-time closing and ensure data in the CD is correct.
Areas of Responsibility:- Review flood insurance/ flood certifications, Title commitment, ownership of deed, Loan approval, tax cert and prelim closing disclosures
- Deliver final closing documents
- Request preclosing audit prior to Closing
- Create closing documents and monitor required waiting periods
- Ensure disbursement takes place and loan moves to post close
- Requires a high school diploma or its equivalent for US Operation and graduation degree for India Operations with 18 months of experience in preparing Initial and Final closing documents
- Should have knowledge of commonly used mortgage concepts, practices, procedures and Fannie Freddie guidelines to complete his task
- Should have working knowledge with any Loan origination systems
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