Construction Mortgage Closer- In office

Location: Raleigh, NC
Date Posted: 11-06-2018
The Mortgage Loan Closing Coordinator(Closer) will be responsible for closing and funding all loans according to the proper product type, investor, agency and internal guidelines, state and federal guidelines, and all Company processes and procedures in an accurate and timely manner. The Closer is responsible for the accurate preparation of compliant closing documents to ensure they are salable on the secondary market. The Closer will communicate with client, internal staff and other outside agencies to facilitate all closing/funding issues in a timely manner.
Candidates must have experience with Construction to Permanent Loan Programs
  • Review loans and accurately complete all data input into mortgage loan origination system for preparation to order closing documents.
  • Issue accurate and complete closing documents to Title Company or closing agent within three days of scheduled closing date.
  • Review CD for accuracy and compliance to all loan product parameters and issue CD Approval.
  • Ensure accurate CD data is entered correctly into the Funding Template that results with a net funded wire being in balance.
  • Order wires from approved warehouse bank in accordance with their loan level requirements.
  • Utilize the Funding Checklist to review the funding package once it has been received from the title company. Ensure information is entered correctly into the Funding Template that results with a net funded wire being in balance.
  • Issue funding authorization after documentation has been reviewed and found to be correct.
  • Ensure any trailing documents are collected and filed within the correct electronic mortgage loan origination system container for shipping to the investor.
  • Other tasks and responsibilities as assigned.
Educational/Experience Requirements:
  • High school diploma or equivalent required.
  • Minimum of 2 years of mortgage closing experience and knowledge of mortgage loan documentation required.
  • Experience with Construction to Permanent Loans would be required
  • Must have demonstrated PC proficiency, including knowledge of Microsoft Excel and Word.
  • Experience using appraisal management systems preferred.
Job Type: Full-time
Thank you,
Meg Reilly
VP of Recruiting
TOLL FREE: (800) 603-1651
FAX: (480) 287-9066
this job portal is powered by CATS