Loan Closer - Funder

About the role

We are seeking an experienced Mortgage Closer with strong time management, organization, good work ethic, and flexibility to support our Customers and our Loan Officers deliver outstanding service.

Responsibilities

• Prepare Closing packages
• Provide funding authorization to Title/Escrow Agents
• Review signed closing packages for accuracy
• Understand fee tolerances, how to handle tolerance violations, when 3 day wait periods apply
• Ensure the closing package is fully complete and accurate and compliant, which includes but is not limited to:
• Lender and seller credits are itemized
• POC credits are itemized
• Fees are listed in the correct sections
• Fee entries are correct
• Escrows set up properly
• Update status notes within the TRID form regarding communication with Loan Officer, borrower or settlement agent

Requirements

• 5 years of closer/funder experience preferred
• Experience and extensive knowledge of new RESPA/GFE laws
• Clear focus on detail and ability to recognize inconsistencies in data/documents
• Extensive knowledge of Closing and Legal Documents (HUD-1, Note, Deed of Trust, Assignment, Title Binder) and Disclosure Documents (TIL, GFE, Right of Rescission, State-specific)
• Ability to work in a “High Volume" environment
• Great work ethic
• Working with LoanSoft software a plus
• Detailed knowledge of:
• FHA/VA/USDA Loan Documents
• Credit Documents (DU/LP Findings, 1003, 1008, Credit Report, VVOE, Appraisal)
• Insurance Documents (Hazard, Flood, MI)
• MDIA Disclosure timing and APR rules
• TILA/RESPA LE/CD fee tolerance comparisons and change of circumstance
• Understanding of compliance, underwriting, origination, or processing roles

Qualifications

• Detail-oriented and able to manage multiple tasks simultaneously
• Strong organizational and time management skills
• Positive attitude and willingness to learn and adapt
• Ability to work independently and as part of a team

Skills

• Knowledge of new RESPA/GFE laws
• Extensive knowledge of Closing and Legal Documents
• Ability to work in a high-volume environment
• Proficiency in LoanSoft software (optional)
• Comprehensive understanding of various loan documents and disclosures
• Ability to handle compliance and underwriting requirements

Benefits

• Competitive salary
• Medical, Dental, Vision insurance
• Accidental Death, Long-Term Disability, Short-Term Disability coverage
• Flexible Spending Accounts (FSA) and Health Savings Account (HSA)
• 401(k) retirement plan
• Basic Life and Voluntary Life insurance
• Paid Parental Leave
• Performance-based bonus opportunities

Pay

Competitive salary based on experience and qualifications.

Schedule

Full-time position with flexible hours to accommodate high volume workload.