12 Sep
|
Synergy
|
Hyderabad
Job Description: Senior Mortgage Loan Closer
Reports to: Mortgage Closing Manager
Mortgage Job Summary: Responsible for closing US mortgage loan files.
Essential Functions:
- Prepares closing loan package necessary for individual loan types in accordance with Bank
and Investor guidelines as well as Secondary Marketing commitments and requirements.
- Ensures the timely movement and closing of approved loans through the pipeline.
- Contacts Title Companies, Attorneys, Loan Officers, Processors and Insurance Companies to
obtain documentation necessary to close mortgage loans.
- Monitors loan status on a continual basis to ensure that timely/qualify standards are
achieved.
- Advises all parties of any changes or issues that may occur to ensure high quality standards
and customer service.
- Performs a pre-closing quality review of loan files prior to releasing closing package.
- Reviews all preliminary documents provided from attorney/title company to include, but
not limited to: Title binder, survey, termite report, Hazard/Flood insurance binder, Deed,
HUD1 Settlement Statement, Power of Attorney and/or Trust documentation.
- Completes all disbursement procedures for issuing of funds to attorneys/title company, any
necessary refund checks, and release of escrow monies withheld.
- Responds to and resolves technical and complex problems that arise.
- Follows up on any deficiency requests by Shipping and Post-Closing to ensure timely
procedure for loan funding.
- Recommends procedural changes to management.
- Complies with Corporate Policies and Procedures, as well as regulatory compliance.
- Keeps abreast of industry regulations and changes.
Minimum Required Skills and Competencies:
- Minimum 2 years experience closing Conventional and government loans.
- High School Diploma or equivalent
- Knowledge of real estate lending criteria, compliance, federal/state regulations.
- Excellent organizational, oral and written communication skills.
- Ability to perform in
📌 Loan Documentation and Funding Coordinator (Hyderabad)
🏢 Synergy
📍 Hyderabad