Pre & Post Closing

3 days ago

Bengaluru, Karnataka, India Infosys Full time ₹ 9,00,000 - ₹ 12,00,000 per year
Key Responsibilities:
  • 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
Technical Requirements:
  • 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
Additional Responsibilities:
  • US Shift
  • Any Graduate

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