Description :

1. Responsible for direction and explanation of all related closing documents, assist in negotiations to facilitate the execution of those documents, secure funds from lender and purchaser and complete full disbursement.
2. Responsible for procuring new clientele which required salesmanship, relationship-building skills, and comprehensive communication skills.
3. Examined and abstracted all new orders in the title plant.
4. Responsible for the accuracy of all commitments and closing packages.
5. Dealt directly with the concerns and quality control requirements of our underwriter.
6. Reviewed all mortgage loans from ensuring RESPA requirements were met Closed residential mortgage loans.
7. Gathered/reviewed/sent all mortgage documents for closing Collected funding documents/released funds.

Experience

2-5 Years

Level

Junior

Education

Bachelor's

Description :

1. Trained new hires in the Modification Closing department and quality control Audit.
2. Coordinated with title vendors to assign a notary to assist homeowners with document signing's Quality control research on the final established principal balance, Interest rates, Maturity date and terms of payments and returned loan back to the underwriter in cases where corrections are required.
3. Checked loans to make sure they are in compliance with HUD and Investor terms.
4. Tracked loan payments and ensuring that all documentation is correct and up to date.
5. Notarized special loan documents per state guidelines on behalf of Bank of America.
6. Performed Administration duties, ordering supplies for the department, compiled and submitted associate attendance log reports to upper management on a daily basis.
7. Followed-up with clients to collect all documents necessary to close the loan.

Experience

10+ Years

Level

Senior

Education

Associate

Description :

1. Checked title for clearance and reviewed underwriting conditions, prior to preparing closing documents.
2. Ensured that all payoff demands were current and up to date.
3. Prepared documents to be executed by the borrowers at closing.
4. Contacted borrowers prior to closing to review final closing figures.
5. Worked extensively with title companies on purchase closings, to guarantee settlement on final closing date, and to review and approve final HUD-1 figures.
6. Received signed documents back from closings, and audited documents to ensure mortgage, note, and all other critical documents were signed correctly.
7. Prepared disbursement packages along with funding the loan.
8. Reviewed wire reports and disbursement reports from outside vendors to ensure that loans have funded and disbursed appropriately.

Experience

2-5 Years

Level

Junior

Education

Bachelor's

Description :

1. Facilitated real estate purchase and refinance closings, funding mostly all loans through our warehouse line, then working closely with investors(BOA, Chase, Wells Fargo) who eventually would buy and service the loans.
2. Transferred funds and assisting with wire transfers.
3. Met with the clients at the title company and our office to make sure the closing process went smoothly and accurately.
4. Actively participated in the closing of the settlement along with notarizing the documents then returning them to the appropriate parties.
5. Made sure external title companies to receive all necessary executed closing documents.
6. Assured thoroughness and compliance of loans submitted for closing.
7. Verified all conditions have been submitted and are in compliance.

Experience

2-5 Years

Level

Junior

Education

Diploma

Description :

1. Prepared all loan closing documents including HUD, note, mortgage, disclosures and identification documents according to federal law and requirements as well as local laws and statutes.
2. Morphed into TRID requirements meeting new laws requiring disclosures, timelines, and Reg Z requirements.
3. Tracked all documents to title companies, reviewed for completeness and prefunding conditions.
4. Completed packages were then sent on to funding.
5. Prepared as paperless transactions and were subject to signing and filing preparation.
6. Responsible for Proficient in TRID regs, disclosures Proficient in the closing process, title, escrow, loan documents.
7. Worked with many high priority loans and large jumbo loans on a daily basis.

Experience

5-7 Years

Level

Executive

Education

Bachelor's

Description :

1. Processed transfer of funds for appraisal and credit report (via TFCU account or credit card).
2. Collaborated with TFCU members, title companies, realtors and service providers to ensure all information is correct and prepare Closing Disclosure for signature while adhering to TRID requirements.
3. Took incoming phone calls (up to 300 per month) from members and non-members while performing other job duties.
4. Provided information and advice on mortgage loans and real estate transactions as well a number of other TFCU services.
5. Responsible for scheduling closing dates, evaluating all documents, and reviewing preliminary & final HUD1 for all program types of Conventional, Government & State Bond programs Review closing and underwriting conditions prior to funding to insure loan is in compliance.
6. Closely reviewed HUD-1, Title, Survey and various certifications.
7. Responsible for reviewing and timely handling of any post-closing audit issues that may arise.
8. Responsible for reviewing final original closing documents & post-closing files to send to corporate office.

Experience

7-10 Years

Level

Management

Education

Bachelor's

Description :

1. Trained Bank of America new hires in the Modification Closing department and quality control Audit.
2. Modified closing documents and made sure modifications were executed correctly per investor guidelines.
3. Coordinated with title vendors to assign a notary to assist homeowners with document signing Quality control research on the final established principal balance, Interest rates, Maturity date and terms of payments and returned loan back to the underwriter in cases where corrections are required.
4. Checked loans to make sure they are in compliance with HUD and Investor terms.
5. Tracked loan payments and ensuring that all documentation is correct and up to date.
6. Notarized special loans documents per state guidelines on behalf of Bank of America.
7. Performed Administration duties, ordering supplies for the department, compiled and submitted associate attendance log reports to upper management on daily basis.
8. Followed-up with clients to collect all documents necessary to close loan.

Experience

2-5 Years

Level

Junior

Education

Associate

Description :

1. Sends documents to borrower via FedEx with instructions on how to sign the documents and send it back to me.
2. Contacts a notary in the customer's home location Review received documents for completeness and accuracy and updates the systems accordingly.
3. Documents applicable systems with required information and updates.
4. Prepares final closing documents for the customer.
5. Creates the closing paperwork, we also ensure that all required documentation is in the mortgage file.
6. Delegates to the mortgage loan processor; however, the closer is the next in line to check the processor's work for completion.
7. Verifies whether loan was a pud, condo, closing in a trust, or any other unique characteristic for the file and completed proper documentation.

Experience

5-7 Years

Level

Executive

Education

Bachelor's

Description :

1. Processed all files submitted to the closing desk after underwriter review.
2. Worked cooperatively with underwriters, loan officers, and processors to ensure that each file met underwriting guidelines, regulatory guidelines and investor guidelines.
3. Maintained a working knowledge of government underwriting policies pertaining to multiple programs such as VA, USDA, and FHA financing.
4. Trained back up closer for extra support during busy times.
5. Reviewing DU findings to ensure that each loan meets closing requirements.
6. Used ability to multi-task to be able to maintain an extensive closing schedule.
7. Ran post-closing checks on all loans prior to selling to our secondary market purchaser.
8. Tested all final figures for tolerance violations and issuing cures when necessary.

Experience

10+ Years

Level

Senior

Education

Bachelor's

Description :

1. Responsible for preparation of documents related to a mortgage closing and the pre-funding review of documents executed at a mortgage loan closing.
2. Works within guidelines set by MB Financial, investors, standard guidelines established by FNMA, FHLMC, FHA, VA, and USDA.
3. Proficient in all aspects of TRID Performs pre-closing review of documentation needed to prepare closing package.
4. Ensures all required closing documentation is present prior to preparing documents.
5. Performs validation of loan data prior to preparing closing documents.
6. Ensures Reg Z requirements and high cost filters are met.
7. Prepares loan closing package utilizing appropriate software.
8. Ensures accuracy of all prepared closing documents.

Experience

2-5 Years

Level

Junior

Education

Certificate

Description :

1. Managed closing many mortgage loans in an efficient manner.
2. Analyzed title work, title vesting and property data of borrowers.
3. Verified all discounts, rates, terms and cleared conditions to ensure loan file was complete and ready to close by closing date.
4. Processed any last minute change requests for the loan file.
5. Worked many different mortgage loan types including residential, and investment properties.
6. Processed and closed purchase and refinance loan types.
7. Completed different loan conditions for the loan/term type including ARMs, Conventional 30yr/15yr.
8. Verified whether loan was a PUD, Condo, closing in a trust, or any other unique characteristic for the file and completed proper documentation.

Experience

0-2 Years

Level

Entry Level

Education

Associate In Science

Description :

1. Everyone that worked for Iowa mortgage was laid off after the first year of Amerus acquiring it.
2. Sometime after that it was sold I think to a company in Minnesota.
3. Received the application papers from the loan officer and prepared and sent out verification papers of jobs, loans etc.
4. After receiving all papers back I would prepare the documents for loan approval from the underwriter.
5. If not approved it would be my and the loan officer to fix if possible the loan so it could get approved.
6. Once approved I notify both the applicants and real estate agent and all conditions that had to be meet at closing and what the applicants needed to bring to closing.
7. Would then pass the file on to the closing department.

Experience

0-2 Years

Level

Entry Level

Education

Education