17 Sep
|
Synergy
|
Hyderabad
Job DescriptionJob Description: Senior Mortgage Loan Closer
nReports to: Mortgage Closing Manager
nMortgage Job Summary: Responsible for closing US mortgage loan files.
nEssential Functions:
n• Prepares closing loan package necessary for individual loan types in accordance with Bank
nand Investor guidelines as well as Secondary Marketing commitments and requirements.
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Ensures the timely movement and closing of approved loans through the pipeline.n
Contacts Title Companies, Attorneys, Loan Officers, Processors and Insurance Companies ton
nobtain documentation necessary to close mortgage loans.
n• Monitors loan status on a continual basis to ensure that timely/qualify standards are
nachieved.
n• Advises all parties of any changes or issues that may occur to ensure high quality standards
nand customer service.
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Performs a pre-closing quality review of loan files prior to releasing closing package.n
Reviews all preliminary documents provided from attorney/title company to include, butn
nnot limited to: Title binder, survey, termite report,
Hazard/Flood insurance binder, Deed,
nHUD1 Settlement Statement, Power of Attorney and/or Trust documentation.
n• Completes all disbursement procedures for issuing of funds to attorneys/title company, any
nnecessary refund checks, and release of escrow monies withheld.
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Responds to and resolves technical and complex problems that arise.n
Follows up on any deficiency requests by Shipping and Post-Closing to ensure timelyn
nprocedure for loan funding.
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Recommends procedural changes to management.n
Complies with Corporate Policies and Procedures, as well as regulatory compliance.n
Keeps abreast of industry regulations and changes.n
nMinimum Required Skills and Competencies:
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Minimum 2 years experience closing Conventional and government loans.n
High School Diploma or equivalentn
Knowledge of real estate lending criteria, compliance, federal/state re
📌 Senior Mortgage Loan Closer Hyderabad
🏢 Synergy
📍 Hyderabad