Mortgage Loan Closer

Mortgage Loan Closer Ives Bank Danbury, CT Job Details Full-time Qualifications Microsoft Outlook Compliance with loan regulations High school diploma or GED Encompass Full Job Description The Mortgage Loan Closer is responsible for the day to day pipeline management and closing of all residential mortgage loans, ensuring timely receipt of the packages back from the closing table and shipment of files to investors. This position requires daily interaction with the Compliance Dept., attorneys, closing agent employees and customers, and reports to the Department Manager. Key Responsibilities Responsible for the review of all supplied information and accurate completion of all mortgage loan closing packages, including the most complicated programs such as FHA, VA, USDA and those including grant funds Pay all FHA premiums within 10 days of closing; upload funding packages within 48 hours of performing post closing review Responsible for the management of closing and clear to close pipelines Submit accurate closing packages to attorneys at least 24 hours in advance Consistently utilize all portions of the Closing Compliance and File Audit Checklist during each step of the closing/funding process Effectively communicate with attorneys, borrowers, and co-workers in a professional and positive manner Accurately review closing disclosures and all legal documents (prior to closing and post closing) to certify that the Banks' proper lien position, compliance and investor requirements have been properly fulfilled. Gather any missing documentation and ensure packages are complete and well documented Order wires on closing transactions daily so funds reach the closing agent on the day of closing Responsible for reviewing all signed funding documents sent from the closing agent, and confirming all "at closing" conditions on the final loan approval have been met prior to issuing the funding Complete all past close closing to board loans to servicing by the 15th of the month for the previous month Responsible for preparing training documentation of all closing functions and serves as a resource to Closers within the department Educational and experience requirements include: High School Diploma or GED 3 years of Residential Mortgage Loan Closing experience Proficient understanding of rules/regulations related to the creation of required closing disclosures such as the Loan Estimate, Closing Disclosure, Notes, Deeds and Assignments Strong interpersonal, verbal communication and listening skills as well critical thinking abilities Skilled use of

Outlook, Word, Excel and Encompass Physical Demands and Work Environment:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Monday-Friday