03/12/2020
Essential Duties:
• Prepares, reviews, and generates mortgage closing documents according to file specifics, department, and compliance requirements
• Inputs and confirms data required to generate Review and approves Closing package.
• Audits the signed loan documents and credit package ensuring accuracy and compliance with federal and state law as well as policies
• Manages assigned pipeline of fundings
• Ensures the final loan documents, wire requests, escrow coordination, and shipment to investor and warehouse tasks are completed timely and accurately.
• Approves funding of loan
• Maintains contact with outside agencies (title companies, insurance agents, credit agencies, appraisers) in order to obtain required information/documentation while maintaining a high level of customer service
• Serves as a liaison between our Clients and closing agent
• Coordinates corrections with title companies when necessary
• Generates, reviews, and approves HUD-I/Settlement Statement to ensure compliance
• Follows up with closing agent for final settlement statement and validates there are no unauthorized changes to the final HUD
• Remits funds to title companies and distributes loan proceeds in accordance with mortgage documentation
• Completes GFE Review according to RESPAs requirements and prepares initial disclosures
• Assists in scheduling loan closings and answers routine questions regarding the mortgage loan process maximizing profitability
• Completes post-closing audits
• Transmits and ships proper loan documentation to investors
• Assist in daily closing functions of department: deposits, reports, organizing documents, etc.
• Follows up with any post-closing issues which may arise
• Participates in internal meetings and required training
• Maintains a professional image and demonstrates an understanding of and follows all Policies and Procedures