US Mortgage Pre-Closing Specialist

2 weeks ago


Vizag, Andhra Pradesh, India beBeeMortgage Full time ₹ 6,00,000 - ₹ 12,00,000

This role is perfect for individuals with a passion for mortgage concepts, practices, and procedures. The successful candidate will have excellent communication skills and be able to work independently as part of a team.

Key Responsibilities:
  • Request fees from settlement agents and perform thorough fee analysis.
  • Prepare preliminary closing disclosures.
  • Issue initial closing disclosures and re-disclosures to clients.
  • possess in-depth knowledge of conventional loans, closing and legal documents, disclosure documents, credit documents, insurance documents, MDIA disclosure timing and APR rules, and TILA/RESPA LE/CDs/ICDs.
  • Review flood insurance/flood certifications, title commitment, ownership of deed, loan approval, tax cert, and preliminary closing disclosures.
  • Closely monitor individual closing pipeline, workload, and volume levels for maximum balance and efficiency.
  • Review Power of Attorneys (POAs).
  • Review cash to close.
  • Create closing documents and monitor required waiting periods.
  • Request pre-closing audit prior to closing.
  • Deliver final closing documents.
  • Review final closing documents and clear to fund.

The ideal candidate will possess strong analytical skills and the ability to understand regulatory requirements and their impacts.

Requirements:
  • High school diploma or equivalent for US operations and graduation degree for India operations.
  • 18 months of experience in preparing Initial and Final closing documents.
  • Knowledge of commonly used mortgage concepts, practices, procedures, and Fannie Freddie guidelines.
  • Working knowledge with any Loan origination systems.
  • Basic knowledge to work on MS office tools.


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