Mortgage Closing Coordinator
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Robert Half
Remote
Full-Time
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Job Description
Description We are looking for a detail-oriented Mortgage Closing Coordinator to join our team in Cambridge, MA for a 3-4 month project (Fully Onsite - No Hybrid/remote work option). In this contract role, you will oversee the loan closing process, ensuring compliance with legal and regulatory standards while maintaining the highest level of accuracy and efficiency. This position plays a critical role in facilitating seamless mortgage closings and supporting the broader loan processing team.
T Responsibilities:
- Conduct thorough reviews of loan files to verify accuracy, completeness, and compliance with legal and regulatory requirements.
- Coordinate and schedule loan closings by collaborating with attorneys, lenders, and other stakeholders.
- Prepare and finalize legal documents required for mortgage and consumer loan closings.
- Calculate and disburse funds accurately, ensuring all financial transactions are properly handled.
- Monitor management reports to identify and resolve document deficiencies promptly.
- Ensure all closing processes align with federal, state, and bank policies to meet audit standards.
- Address compliance issues and deficiencies in loan documentation to ensure smooth audits.
- Assist the loan processing team with additional tasks as needed to maintain workflow efficiency.
- Liaise with internal and external parties to facilitate timely and accurate mortgage closings. Requirements
- Proven experience in mortgage processing, including consumer loans, FHA loans, and conventional loans.
- Proficiency in using tools such as Desktop Underwriter (DU) and Loan Prospector (LP).
- Strong understanding of closing documents, contracts, and procedures.
- Knowledge of regulatory and compliance requirements in the banking industry.
- Excellent attention to detail and organizational skills.
- Ability to coordinate and communicate effectively with attorneys, lenders, and other stakeholders.
- Familiarity with audit preparation and addressing compliance deficiencies.
- Strong analytical skills to calculate and disburse funds accurately.
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