
Experienced Mortgage Pre-Closing Specialist Wanted
4 days ago
We are seeking a highly skilled and experienced Mortgage Pre-Closing Specialist to join our team. As a key member of our operations, you will be responsible for reviewing loan packages, creating Initial and subsequent Closing Disclosures (CDs), and coordinating with Title and Settlement agents to ensure timely closing.
Key Responsibilities:
- Review loan packages and create accurate Initial and subsequent CDs
- Coordinate with Title and Settlement agents to ensure timely closing
- Ensure data in the CD is correct and up-to-date
- Request fees from settlement agents and perform fee analysis
- Prepare Prelim closing disclosure and issue initial closing disclosures/re-disclosures to clients
- Review flood insurance/flood certifications, Title commitment, ownership of deed, Loan approval, tax cert, and prelim closing disclosures
- Monitor individual closing pipeline, workload, and volume levels for maximum balance and efficiency
- Review Power of Attorneys (POA) and Cash to Close
- Create closing documents and monitor required waiting periods
- Request preclosing audit prior to Closing
- Deliver final closing documents and review them for accuracy
- Provide funding authorization to Title/Escrow Agents
Requirements:
- Requires 3-4 years of experience in preparing Initial and Final closing documents
- High school diploma or its equivalent for US Operation and graduation degree for India Operations
- Working knowledge of commonly used mortgage concepts, practices, procedures, and Fannie Freddie guidelines
- Knowledge of Loan Origination Systems and MS Office tools
Benefits:
- Competitive compensation package
- Opportunities for professional growth and development
- Collaborative and dynamic work environment
Location: Bangalore, JP Nagar
Qualification: Graduates & Post graduation
Designation: Process Specialist
Job Level: 3A
Shifts: US Shift
Experience: 2 Yr to 5 Yrs
Notice Period: Immediate Joiners
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