Mortgage Operations | Remote
The Mortgage Closer and
Closing Disclosure Analyst is a crucial Operations team member responsible for
managing the Initial Closing Disclosure (ICD) process and preparing and
finalizing mortgage loan closing documents. This position's responsibilities include
ensuring compliance with regulatory requirements and providing a seamless
closing process for our clients. This role demands a meticulous and
knowledgeable individual who can thrive in remote work.
· Bachelor's degree in
Finance, Business Administration, or a related field.
· 3-5 years of experience
in mortgage closing or a similar role within the mortgage industry.
· Strong understanding of
mortgage loan processes, closing procedures, and regulatory requirements.
· Excellent communication
and customer service skills with the ability to work effectively in a remote
environment.
· Proficiency in Microsoft
Office Suite and Adobe
· Detail-oriented with
outstanding organizational and time management skills.
· Ability to thrive in a
fast-paced remote work environment and collaborate effectively with a
geographically dispersed team.
· Document Preparation:
Prepare and review closing documents for accuracy and compliance with federal,
state, and local regulations.
· Collaboration:
Collaborate with loan officers, underwriters, and other team members to ensure
all required information is obtained and accurate for closing.
· Closing Disclosures:
Generate and review Closing Disclosures (CDs) to ensure they are complete and
accurate, promptly addressing any discrepancies or issues.
· Coordination: Coordinate
and communicate with title companies, escrow agents, and other third parties
involved in the closing process.
· Document Return: Ensure
all closing documents are signed and returned on time.
· Pipeline Management:
Monitor the loan pipeline to manage and prioritize closing schedules and
deadlines.
· Customer Service:
Provide exceptional customer service by addressing inquiries and resolving
closing documents and disclosure issues.
· Regulatory Updates: Stay
updated on changes in laws, regulations, and guidelines affecting mortgage
closings and disclosures.
· Policy Development:
Assist in developing and refining policies and procedures to enhance the
efficiency and effectiveness of the closing process.
· Quality Control: Conduct
thorough quality control checks on loan documentation to identify and correct
any errors or discrepancies.
· Communication: Maintain
clear and timely communication with all parties involved in the closing process
to keep them informed of the loan status and any necessary actions.
· Funding: Authorize and
disburse loan funds following closing instructions and company procedures.
· ICD Management: Manage
the ICD request queue, ensuring all ICDs are within published turn times.
· Data Entry: Perform data
entry of fees, generating changes in circumstances for valid changes.
· ICD Review: Ensure ICDs
are reviewed/approved by the Loan Officer before issuing to borrower(s).
· Closing Agent Approval:
Submit closing agent approval for agents not currently listed in the Rolodex.
