Mortgage Loan Closer

About the role

The Mortgage Closer position monitors and manages the closing of mortgage files to title companies. This role requires knowledge of the mortgage loan process and performing due diligence to ensure closing is complete and accurate. The role partners with various teams to deliver a superior client experience.

Responsibilities

• Review closing file for completeness and accuracy, including purchase agreement, appraisal, title, and property insurance.
• Prepare and deliver closing instructions.
• Ensure all Investor/Agency requirements are met.
• Verify and update applicable fees and prepare funding documents.
• Data input including vesting and property details, closing conditions, investor specific data, 4506C data entry, and FHA/VA/USDA/BOND documentation entry.
• Clock final approval and closing conditions to the Title Companies.
• Prepare balance sheet for loan funding and reconcile proceeds check from closing.
• Able to close multi-state loans meeting state specific lending guidelines.
• Aid with work escrow release requirements.
• Obtain, review, and clear required approval conditions.
• Prepare fees, monitor, and track closing disclosures.
• Identify and implement process improvements that enhance the client experience and build scale.

Requirements

• Minimum of 3 years mortgage closing experience or equivalent mortgage experience.
• High-level commitment to accuracy and detail.
• Demonstrate the ability to manage high volume, time sensitive transactions and situations.
• Ability to carry out the work of mortgage programs and projects, to include availability to work after hours to support business needs.

Qualifications

• High school diploma or equivalent.
• Knowledge of mortgage loan processes and procedures.
• Strong attention to detail and organizational skills.
• Ability to work independently and as part of a team.
• Proficiency in Microsoft Office Suite.

Skills

• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving abilities.
• Ability to prioritize tasks and meet deadlines.
• Knowledge of state-specific lending guidelines.

Benefits

Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings. Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave. Learning and development resources for personal and professional career development, and advancement opportunities. Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services. Support for the communities we live in through paid volunteer time and a company donation match opportunity.

Pay

$26.00 - $31.00 per hour

Schedule

Flexible schedule to accommodate business needs.