What are the responsibilities and job description for the Senior Loan Closer position at First Heritage Mortgage, LLC?
The Senior Loan Closer validates and collects final documentation, verifies regulatory and agency compliance, draws closing documents, reviews signed collateral documents for completeness, reviews final figures from escrow, ensures all at-closing conditions are met, and disburses funds according to policies.
Responsibilities and Duties
- Obtaining required documentation prior to closing, and reviewing the loan, fees, and system data.
- Preparing documents to send to the closing agent.
- Preparing and issuing the Closing Disclosure to the borrower(s).
- Reviewing the Closing Disclosure to ensure compliance with regulatory guidelines and completeness prior to closing.
- Reviewing signed closing documents for completeness and signatures.
- Verifying and clearing all closing conditions.
- Validating fees and initiating wire of funds to closing agent with instructions.
- Resolving closing issues.
- Clearing of any closing related post-closing issues.
Requirements
- 3-5 years residential mortgage closing experience preferred.
- Knowledge of Encompass Loan Origination System a strong plus.
Qualifications
- Proven written and verbal communication skills.
- Ability to stay abreast of changes within the industry.
- Knowledge and experience in closing conventional, jumbo, FHA, VA, and bond loans.
- Analytical skills to include reviewing and understanding loan disclosure and closing documents.
- Ability to handle confidential material in a professional, highly ethical manner.
- Time management and organization skills to effectively prioritize multiple objectives and achieve volume goals.
First Heritage Mortgage, LLC is an Equal Opportunity Employer.