Mortgage Loan Closer

Description

Summary

A Mortgage Loan Closer will prepare the closing package in accordance with product type, investor guidelines, and state and federal guidelines. The Loan Closer will perform a quality control and data integrity review for compliance, completeness and accuracy. The Loan Closer will function as the liaison between the Operations Department (processors, insurance) and the Legal Department (title companies). Once the loan has been Cleared-To-Close, the Loan Closer will coordinate with the Legal Department (title company) to facilitate the loan’s closing. 

Responsibilities

• Comprehensive knowledge of TILA/RESPA fee tolerance comparison and change of Circumstances. 
• Review the closing documents for completeness and accuracy. 
• Thorough proficiency of Closing and Legal documents: CD, disclosure documents such as LE and Right of Rescission. 
• Review loans accurately, complete all data input into Loan Origination System. 
• Update and ensure all the fees and costs are accurately calculated. 
• Problem solving, identify and resolve problems in a timely manner.
• Perform preliminary reviews of Title reports.
• Liaise with Borrower and Bank Attorneys to clear title issues.
• Adhere to established quality and service standards (ex. Review and prepare closing documents within established turn times).
• Other duties as assigned.

Requirements

Skills/Experience/Education

• High School Diploma or equivalent education and experience.
• 3–5 years relevant banking experience.
• Strong mathematical skills, excellent interpersonal, organizational and time management skills.
• Ability to work independently, maintain confidentiality, problem solve, supervise a team. 
• Excellent customer service, written and oral communication skills.

Essential Mental & Physical Requirements

• Ability to travel if required to perform the essential job functions. 
• Ability to work under stress and meet deadlines.
• Ability to read and interpret a document if required to perform the essential job functions.
• Prolonged periods of sitting at a desk and working on a computer may be required.
• Ability to lift/move/carry approximately 15 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division any “undue hardship” then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

Gulf Coast Bank & Trust Company and its subsidiaries is committed to a diverse and inclusive workforce. We are committed to equal employment opportunities without regard to race, color, genetic information, religion, sex, affectional or sexual orientation, gender identity or expression, age, marital status, military and veteran status, physical and mental disability, and any other characteristic protected by applicable law. We believe in attracting, retaining, and promoting quality talent and recognize that our diversity is critical to the success of the company.