Pre & Post Closing
1 week ago
- Requires 3 4 year of experience in preparing Initial and Final closing documents
- Request fees from settlement agent and perform fee analysis
- Prepare Prelim closing disclosure
- Issue initial closing disclosures re disclosures to client
- Solid and detailed 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 prelim closing disclosures
- Closely 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
- Ability to understand regulatory requirements and impacts
- Medium High degree of familiarity with standard concepts practices and procedures within a particular field
- Reviews and prepares disclosures including Loan Estimate and Closing Disclosure
- Request wire
- Ensure disbursement takes place and loan moves to post close
- Ensure proper and effective communication with settlement agent
- Review signed closing packages for accuracy
- Provide funding authorization to Title Escrow Agents
- 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
- Should possess basic knowledge to work on MS offices tools
- Relies on limited experience and judgment to plan and accomplish goals
- US Shift
- Any Graduate
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