Loan Closure Specialist

2 days ago


India beBeeLoanClosure Full time ₹ 8,00,000 - ₹ 12,00,000

Job Title: Loan Closure Specialist

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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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