What are the responsibilities and job description for the Mortgage Closer position at Firstar Bank?
Position Purpose
Prepare, process, and close mortgage loans in accordance with investor and/or government agency guidelines.
Job Duties And Responsibilities
Prepare, process, and close mortgage loans in accordance with investor and/or government agency guidelines.
Job Duties And Responsibilities
- Prepare mortgage loans for closing for multiple loan officers, in multiple branches.
- Create and maintain accurate loan files before and after closing and ensure compliance with bank procedures.
- Build relationships with loan officers by monitoring deadlines, maintaining communication, and being responsive to requests for information.
- Manage monthly closings in a consistent and timely manner.
- Prepare accurate loan closing documents in accordance with written loan approval, including Closing Disclosure review and approval.
- Submit closed file documentation to Loan Operations for booking into Firstar’s system.
- Build relationships with title company personnel, realtors, and other related parties.
- Prepare wire Instructions for closing.
- Assist in post-closing as needed, including, guaranties, title policies, deficiencies for Investor, quality control, government agencies, etc.
- Assist in any post-closing conditions.
- Complete pre-funding audit tasks on all files.
- Crosstrain in other areas of the Mortgage Department to serve as a back up to Mortgage Processors.
- Remain aware and knowledgeable of industry changes to products and guidelines.
- Maintain knowledge of and ensure compliance with the Bank Secrecy Act.
- Complete required annual training and maintain knowledge relevant to the role.
- Participate in bank and community initiatives to strengthen visibility and reinforce Firstar’s commitment to the communities it serves.
- Perform additional responsibilities as assigned in support of the Bank’s priorities and objectives.