What are the responsibilities and job description for the Closing Coordinator - IN PERSON position at Core Lender Services, Inc.?
Description
The ideal candidate will use loan origination software and templates to prepare mortgage loan documents that accurately represent the loan commitment and terms offered to the borrower. Depending upon the type of transaction, documents may include promissory notes, loan agreements, mortgages, guaranties, assignments, deeds, UCC filings, modifications, amendments etc. The completed document package must be accurate, timely, enforceable and must conform to both bank policies and regulatory requirements.
Job Responsibilities
· Prepare loan documents upon receipt of request from the lender
· Ensure all required documents are provided, to properly evidence the loan and perfect the bank's security interest
· Utilize loan software like Encompass360 and related programs to create documents; ensure the timely delivery of documents to lenders and others as directed.
· Follow-up with lenders, legal counsel and others for missing items needed to create accurate loan documents, respond to questions concerning loan documentation from legal counsel, lenders and other staff members. Resolve differences and provide direction to others to facilitate the documentation process.
· Provide support to peers and departments performing routine tasks required to run the department and carry out various daily functions.
· Review all work assignments for accuracy and completeness, answer questions and provide guidance.
Qualifications
· 5 year(s) of mortgage loan doc prep experience, including knowledge of title and lender procedures (co-ops and CEMAs) preferred.
· Paralegal certification from an ABA approved school, or B.A. degree in a field related to law a plus.
· Competency in Microsoft Word, Excel, Adobe Acrobat, etc.
· Notaries or candidates willing to become a notary preferred.
· Extensive knowledge of lending terminology and legal documents used in mortgage banking.
· Experience in creating loan documents.
· Ability to review title commitments and policies.
· Ability to use strong interpersonal skills to clarify instructions from lenders, attorneys, and other bank representatives to resolve problems and correct discrepancies that negatively affect the production of loan documents that conform to bank policy.
Skills
- Encompass
- Critical Thinking
- Loan Documents
- Loan Processing
- Organizational Skills
- Calendar Management
- Data Entry
Benefits
Paid Time-Off, Paid Sick Days, Parking, Professional Development, 401K, Medical, Dental, Vision
About Company
We specialize in providing loan documents and settlement services for lenders to close mortgages in an efficient, error-free, and compliant manner.
Pay: $50,000.00 - $75,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Work Location: In person
Salary : $50,000 - $75,000