Senior Loan Closer Resume Samples

Description :

1. Closed mortgage loans that were originated in the Chase banking centers.
2. Worked with the applicable loan officers, underwriters, processors.
3. Performed the initial reviews on all loan assignments.
4. Communicated with the various title companies to ensure HUD-1 Settlement Statement reconciliation.
5. Prepared and drew closing documents and submitted them to the title companies.
6. Funded the loans by electronically transmitting wire amounts.
7. Maintained the integrity of an online roster that represented over 5000 mortgage default phone agents nationally.
8. Ensured that these agents recorded properly for Q.A.

Experience

7-10 Years

Level

Management

Education

Bachelor Of Arts

Description :

1. Verifies all underwriting conditions have been satisfied, RESPA/HOEPA issues have been addressed and properly documented.
2. Reviews loan documents needed to satisfy internal, external, and regulatory requirements in accordance with loan programs.
3. Works with lending institutions and customers to clear various title problems, such as liens, lawsuits, and judgments.
4. Reviews payoffs on existing loans, title commitments, surveys, and insurance information.
5. Verifies accuracy, identifying potential issues, and works to resolve those issues in a timely manner such as scheduling and balancing issues.
6. Communicates commitment periods, loan terms, conditions, and funding dates to escrow.
7. Coordinates the funding and recording dates with escrow.
8. Coordinates funds to title companies and works to ensure final HUD/Loan Closing Disclosure.

Experience

2-5 Years

Level

Executive

Education

Accounting

Description :

1. Reviewed all FHA, VHDA, VA, and Conventional residential purchase and refinance mortgages prior to closing.
2. Maintained contact with customers, sales representatives, settlement agents, and realtors concerning the scheduling of closing dates.
3. Authorized the release of settlement funds and monitor the receipt of completed closing packages from an agent, ensuring the accuracy of legal documents.
4. Prepared accurate closing instructions/documents; input data into loan origination system; and ensure that the package is received by the closing agent prior to settlement.
5. Submitted mortgage insurance premiums/funding fees to insurer/agency, and submit loan packages to appropriate government agencies for LGC/MIC.
6. Monitored the accuracy and complete distribution of all branch reports.
7. Provided training/assistance to closing staff assist the Branch Manager as required.
8. Responsible for settlement, post-closing, loan guarantee, funds disbursement, and final document delivery in accordance with an investor/corporate guidelines.

Experience

5-7 Years

Level

Executive

Education

Diploma

Description :

1. Funds conventional loans according to established timelines, per regulations and procedures.
2. Reviews approved loan to ensure that documents are complete, Title, HUD, GFE are consistent and all other documents are in compliance.
3. Completes required checklists/worksheets as needed.
4. Coordinates and schedules closing.
5. Prepares and packages loan funding documents for shipping.
6. Reviews and respond to exception reports.
7. Maintains awareness of all legal regulations.

Experience

2-5 Years

Level

Junior

Education

Diploma

Description :

1. Reviewed, evaluated, and processed requests for loan documentation whether unsecured or secured by real property or personal property.
2. Ordered from and work with approved bank attorneys on the preparation of loan documentation requests.
3. Prepared internal loan documents for new, renewed, or modification loans.
4. Insured that all loan documents are constructed and executed in accordance with the bank's loan policies and procedures.
5. Prepared loan closing instructions with attorneys.
6. Prepared closing instructions and support documentation to attorneys to facilitate the preparation of legal loan closing documentation.
7. Worked with loan officers and loan assistants to gather all necessary customer and collateral documentation to minimize exceptions prior to or after closing documents.
8. Assisted the Lending Officer in managing the closing process and meet bank and borrower timing expectations.

Experience

2-5 Years

Level

Junior

Education

Elementary Education

Description :

1. Generated and sent loan documents to closing agent, balance, and reconcile HUD for approval.
2. Received, reviewed and audit executed loan documents.
3. Authorized funding disbursement and ensure that my funding figures balance with the closing agent in result of no shortages and timely recordings of our first position trust deed.
4. Handled the tasks of Preparing Note, Deed of Trust and Truth in Lending disclosures in according with Regulations X and Z.
5. Responsible for reviewing title commitments, termite inspections and se lement statements prior to releasing funds.
6. Performed the tasks of solving issues that might arise at closing or before closing.
7. Ensured the final loan documentation, wire requests, escrow coordination, and shipment to investors and warehouse tasks in a timely and accurate manner.

Experience

5-7 Years

Level

Executive

Education

Accounting

Description :

1. Prioritized and prepared various closing documents.
2. Reviewed and modified settlement statements (HUDs).
3. Pulled flood certifications using pinnacle data systems.
4. Incorporated escrow accounts per customer request.
5. Verified margins and APR' on critical loan documents.
6. Prepared fax transmittal documents for same-day closings.
7. Boarded loans and post closed files to the corporate office.
8. Resolved various closing table issues.

Experience

2-5 Years

Level

Junior

Education

Certificate

Description :

1. Responsible for the assignment of loan files to other funders.
2. Ensured insurance policies were current and accurate coverage was sustained.
3. Verified that the borrower's program and the lock was accurate.
4. Imported all information for the loan in Swiftsend.
5. Generated closing package to company guidelines.
6. Dispersed and authorized a funding check or wire transfer.
7. Reviewed Hud-1 for accuracy to fees charged, property address, borrower's information, and completeness.
8. Forwarded file to in house post-closing department.

Experience

7-10 Years

Level

Management

Education

Diploma

Description :

1. Draw, prepared, and submitted Loan closing package, including the issuance of funds, closing instructions to ensure the marketability of loans.
2. Provided a weekly status update of all loans in process.
3. Reviewed Escrow Instructions and Preliminary Title Reports for discrepancies.
4. Ordered any supplements, amendments, and the correct endorsements.
5. Reviewed appraisals, lock-in agreement, loan program, and loan approval letters to ensure the documents are prepared correctly and accurately.
6. Completed documentation, and ensure proper forms are required for each loan.
7. Prepared funding figures wire and forward Collateral bank package.
8. Assisted in training of new hires to the department and serve as a backup to supervisor in absence.

Experience

2-5 Years

Level

Executive

Education

Diploma

Description :

1. Recognized numerous times as the number one closer in the branch (out of 8 closers).
2. Selected by management to handle difficult files.
3. Scheduled loan closing, and compiled and typed closing documents.
4. Reviewed approved mortgage loans to determine conditions that must be met prior to closing.
5. Called borrower, real estate broker, and title company to request specified documents, such as the receipt for payment of outstanding tax bill.
6. Verified accuracy, and consistency of specifications on documents.
7. Answered questions regarding closing requirements.
8. Entered numbers, and calculated loan interest and principal payment, and closing costs.

Experience

10+ Years

Level

Senior

Education

Business Management