
Loan Closure Specialist
2 days ago
Job Title: Loan Closure Specialist
">We are seeking an experienced Loan Closure Specialist to join our team. The successful candidate will be responsible for reviewing loan packages, creating initial and subsequent closing disclosures, and coordinating with title and settlement agents to ensure timely closings.
Key Responsibilities:
- Review loan packages and create initial and subsequent closing disclosures
- Coordinate with title and settlement agents to ensure timely closings
- Request fees from settlement agents and perform fee analysis
- Prepare preliminary closing disclosure
- Issue initial closing disclosures/re-disclosures to clients
- Review flood insurance/flood certifications, title commitment, ownership of deed, loan approval, tax cert, and preliminary closing disclosures
- Monitor individual closing pipeline, workload, and volume levels for maximum balance and efficiency
- Review Power of Attorneys (POA)
- Review Cash to Close
- Create closing documents and monitor required waiting periods
- Request preclosing audit prior to closing
- Deliver final closing documents
- Review final closing documents and clear to fund
Requirements:
- High school diploma or equivalent for US operation and graduation degree for India operations with 18 months of experience in preparing initial and final closing documents
- Knowledge of commonly used mortgage concepts, practices, procedures, and Fannie Freddie guidelines to complete tasks
- Working knowledge with any loan origination systems
- Basic knowledge to work on MS Office tools
Benefits:
Interview Location: JP Nagar
Work Location: Bangalore
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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