Mortgage Closer Job in Roseville, California US

Mortgage Closer

Top Bank in Northern California is looking for several Mortgage Loan Closers/Funders to join their team immediately! GENERAL SUMMARY: ? Responsible for the preparation of mortgage loan files according to bank, regulatory and investor guidelines by gathering the necessary documents and information within designated time frames. Communicates with customers, clients, staff, realtors, brokers, counsel, title companies, etc. to respond to inquiries, resolve problems and obtain any additional documentation required to complete the loan file. Ensures compliance with bank, regulatory and investor requirements and quality customer service standards. Coordinates the closing and funding of assigned loan packages; calculates final closing costs and disburses funds. May package and ship loans to the secondary market as directed. ESSENTIAL FUNCTIONS: Reviews file and loan application following set-up for accuracy and adherence to terms of approval. Determines what documentation is needed to satisfy bank, governmental, agency and/ or investor requirements and orders appraisals, title search, credit reports, etc. as applicable. Initiates communication with customers, staff, realtors, brokers, counsel, title companies, etc. to obtain remaining documents such as appraisals, title reports, credit reports, verifications, tax returns, financial statements, etc. necessary to complete the file and ensure compliance with all requirements. Provides loan status updates to customers or other interested parties, resolves discrepancies or problems, provides periodic reports; ensures high quality customer service throughout the loan process. Prepares required disclosure information within designated time frames ensuring compliance with all regulations. Reviews loan file to ensure all legal and compliance guidelines are met, prints and verifies all closing documents and assembles final loan package. Calculates and prints loan settlement statements, disburses funds and enters closing information into the system. Prepares final loan package and arranges for delivery to the closing; coordinates the loan package from prior to closing through funding within designated time frames. Verifies rates, terms and conditions of loan documents with appropriate staff, corrects errors and follows up as necessary. Minimum Requirements · Excellent recent (within past 2 years) knowledge of loan closing/funding policies, procedures and guidelines, documents, underwriting requirements, governmental and agency requirements, terminology and automated processing systems. Knowledge of credit policies and approval processes. Ability to work effectively in fast paced, high production environment. Good organization skills. Good verbal and written communication skills. Good accounting skills. Typically has a high school diploma or equivalent and less than one year of related experience.