What are the responsibilities and job description for the Retail Lending Closer position at Cypress HCM?
Location: Hybrid – Worthington, OH 43085
Pay: $25-28/hr (Compensation can vary depending on experience)
General Overview
The Retail Lending Closer specializes in preparing and reviewing loan and mortgage closing packages and paperwork. This role ensures the accuracy and completeness of the documentation. The Retail Lending Closer manages through resolution any concerns, problems, and/or documentation issues. The role works closely with lending staff and is a critical part in ensuring necessary due diligence is completed on consumer and mortgage loan closing requests.
Responsibilities
- Acquires knowledge of the consumer and mortgage product lines that you are assigned to, origination systems, all applicable laws and the bank's lending policies and procedures.
- Reviews loan approval, supporting documentation, and systems to determine TRID rules are met and due diligence is completed prior to preparing closing documents.
- Responsible for sending closing instructions and reviewing HUD-1 Settlement statements to assure adherence to Regulatory and Investor guidelines for mortgage closings.
- Responsible for partnering with lending staff to address any documentation deficiencies or issues prior to scheduled loan closing.
- Prepares all applicable disclosures and closing documents in accordance with company policy and guidelines.
- Maintains open lines of communications with all parties in a timely fashion.
- Verify underwriting and funding conditions are signed off on underwriting approval.
- Obtain essential documentation to prepare closing documents and disbursement of funds.
Requirements
- 1-2 years of experience in consumer lending, mortgage or consumer banking preferred
- Detail-oriented and organized with excellent communication, phone and customer service skills
- Strong computer skills; loan industry software preferred
- Mathematical and calculation skills needed to ensure accuracy
Preferred Knowledge And Skills
- Problem solving to ensure various solutions are explored
- Time management skills
- Adaptability and willingness to learn
Salary : $25 - $28