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Premier Mortgage Resources
Meridian, ID | Full Time
$45k-58k (estimate)
1 Month Ago
Mortgage Loan Closer
$45k-58k (estimate)
Full Time | Lending & Credit 1 Month Ago
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Premier Mortgage Resources is Hiring a Mortgage Loan Closer Near Meridian, ID

The Mortgage Loan Closer is responsible for coordinating and finalizing all documentation necessary for the closing of mortgage loans. This includes ensuring accuracy and compliance with company policies, as well as federal and state regulations. The Closer works closely with loan officer, underwriters, title companies and other stakeholders to facilitate a smooth and timely closing process.
Position preferred to be 100% in office in Meridian Idaho, but all qualified candidates will be considered.
Essential Duties and Responsibilities:
  • Review loan approval documents and conditions to ensure accuracy and completeness.
  • Prepare closing documents, including the Closing Disclosure (CD), loan documents, and an additional required forms.
  • Coordinate with title companies, attorneys and other third-party vendors to schedule closings.
  • Verify loan terms, fees, and closing costs are consistent with the loan approval and comply with regulatory guidelines.
  • Communicate with loan officer, processors, underwriters, and other stakeholders to address any outstanding issues or conditions prior to closing.
  • Conduce final quality control checks on loan files to ensure all necessary documentation is present and accurate.
  • Coordinate the signing and notarization of closing documents with borrowers.
  • Coordinate the signing and notarization of closing documents with borrowers.
  • Ensure timely funding and disbursement of loan proceeds
  • Prepare and deliver closing packages to appropriate parties, including investors, title companies and government agencies
  • Maintain detailed records of loan closings and related documentation
  • Stay updated on changes in mortgage lending regulations and ensure compliance with all applicable laws and guidelines
Qualification and Skills:
  • Previous experience as Mortgage Loan Closer or similar role in the mortgage industry
  • Proficiency with mortgage loan origination software and closing platforms
  • Strong understanding of mortgage lending regulations, including TRID, RESPA guidelines
  • Excellent attention to detail and organizational skills
  • Ability to work efficiently in a fast paced organization and manage multiple priorities
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders
  • Strong problem solving skills and the ability to resolve issues quickly and effectively
  • Knowledge of title insurance and real estate closing procedures is a plus

Job Summary

JOB TYPE

Full Time

INDUSTRY

Lending & Credit

SALARY

$45k-58k (estimate)

POST DATE

04/13/2024

EXPIRATION DATE

06/12/2024

WEBSITE

pmrloans.com

HEADQUARTERS

PORTLAND, OR

SIZE

100 - 200

FOUNDED

1991

CEO

GREG MIRACKI

REVENUE

$10M - $50M

INDUSTRY

Lending & Credit

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About Premier Mortgage Resources

We know there are many places to find a home loan, yet not all home loan are equal. Since every home owner has a unique set of financial needs, PMR provides a wide array of loan products and investment tools to help meet those needs. Most of all, we focus on providing the highest quality service and attention to detail that you should expect with your home loan provider. NMLS 1169 | Equal Housing Lender California Licensed by the Department of Financial Protection and Innovation, under the California Residential Mortgage Lending Act

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The job skills required for Mortgage Loan Closer include Mortgage Loans, Attention to Detail, Problem Solving, Mortgage Lending, Organizational Skills, Loan Review, etc. Having related job skills and expertise will give you an advantage when applying to be a Mortgage Loan Closer. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Mortgage Loan Closer. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Mortgage Loan Closer positions, which can be used as a reference in future career path planning. As a Mortgage Loan Closer, it can be promoted into senior positions as a Mortgage Loan Funding Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage Loan Closer. You can explore the career advancement for a Mortgage Loan Closer below and select your interested title to get hiring information.

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If you are interested in becoming a Mortgage Loan Closer, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Mortgage Loan Closer for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Mortgage Loan Closer job description and responsibilities

Mortgage loan closers use negotiation skills to help clients find the best mortgage loan for their needs.

02/15/2022: Salt Lake City, UT

Mortgage lenders are beginning to focus more on customer service, which means that mortgage loan closers will need to be prepared to provide excellent customer service.

03/11/2022: Phoenix, AZ

For example, they may need to ensure they have enough time to explain all the details of a mortgage to a client before they sign the contract.

02/23/2022: Carson City, NV

They will also need to be able to work with other members of the team, such as underwriters and account managers, to ensure that loans are processed quickly and efficiently.

02/08/2022: New Suffolk, NY

Also known as mortgage loan closers, mortgage closers assemble and verify all paperwork required for finalizing mortgage loans.

03/20/2022: Champaign, IL

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Mortgage Loan Closer jobs

Ensure Compliance Mortgage Closers review all closing details to ensure compliance with state and federal regulations.

02/14/2022: Chattanooga, TN

Mortgage closers might also deal with property surveys, title searches, and deeds.

03/18/2022: Carson City, NV

As mortgage lenders focus on customer service, they will look for loan closers who can provide a high level of customer satisfaction.

02/21/2022: Columbus, MS

They also make sure that all terms of the loan are met.

02/22/2022: Passaic, NJ

Ensured that the mortgage as a whole met all the mortgage compliance regulations.

04/09/2022: Hartford, CT

Step 3: View the best colleges and universities for Mortgage Loan Closer.

Florida Southern College
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University of Notre Dame
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Canisius College