Real Estate Law Firm Closer

About the Role

Responsible for final review of mortgage loan information, preparing closing documents, funding the file accurately, and sending closing documents to the closing attorney. The Closer also checks the file for quality control from the precloser. Once figures are prepared, the file is reviewed by a teammate to confirm accuracy prior to signing.

Responsibilities

• Manage a pipeline of purchase and refinancing files scheduled to close with the firm.
• Collaborate with teammates in all internal departments to provide world-class service and a positive closing experience for clients.
• Balance, fund, and disburse the file once the closing is completed and the lender has given clearance to fund.
• Keep the software file updated with communication, status updates, and notes.
• Work closely with the Buyer's Lender to receive and organize the closing package and hand it off to the closing Attorney.
• Communicate positively and helpfully with lenders and other parties.
• Perform independently, taking ownership of delegated tasks.
• Review approved mortgage loans to determine conditions that must be met prior to closing.
• Ensure mortgage loans are funded accurately and in a timely manner.
• Adhere to deadlines required to close files promptly.
• Confirm legal documents to be recorded are accurate and ensure the total cost to record is collected at closing.
• Review all preclosing documents for accuracy, including HOA letters, taxes, termite reports, lender documents, title examination, and commitment of title, ensuring they are reflected on the Closing Disclosure.
• Work closely with preclosing staff and attorneys to coordinate title clearance and ensure all title requirements are cleared prior to closing.
• Ensure payment in full and cancellation of all liens against the property, including payoff of mortgages, loans, HOA fees, FIFA’s, taxes, and outstanding utility bills.
• Calculate per diem for items being paid at closing and adjust accordingly.
• Confirm receipt of all incoming funds from borrower and lender, saving copies to the file.
• Confirm outgoing funds for payoffs, seller proceeds, and disbursements, saving confirmations or copies in the file for auditing purposes.
• Notify the Precloser when the closing statement is ready to send to parties.
• Contact the Attorney with issues related to money or document preparation.
• Request title policies (owners and lenders) from the JV team or Policy team.
• Handle Earnest Money Deposits (EMD), applying them to the file or cutting returns with T&R.
• Send seller mail-away closing packages.
• Assist Attorneys or remote offices with funding and table closing issues, including closing statement corrections and wire disbursement notifications.
• Send signed closing statements and confirmation of disbursement to parties not in attendance at closing.

Skills

• Exemplary organizational skills.
• Ability to manage high-volume transactions.
• Orientation toward continual learning, growth, and change.