Mortgage Loan Closer

Company: Madison-Davis, LLC - Executive Recruiting
Location: New York
Posted on: February 25, 2021

Job Description:

Client: Digital Bank Duration: Permanent, full time Location: Client is based in NYC, candidates can work from anywhere in the U.S.Responsibilities Include:Responsible for preparing loans to close by working closely with the underwriter and loan officers throughout the entire process. Including verification of all documentation submitted. Verifies documents for accuracy per compliance requirements. * Review CD's, LE's, Disclosure history and identify compliance violations and over tolerances* Review Case Number Assignment, Title Commitments, Insurance Policies, PMI Certification, and all loan documents for accuracy* Review all files for completeness and accuracy to ensure compliance with underwriting, government, and Investor and company requirements.* Maintain open lines of communication with all parties to obtain loan status information.* Provide timely communications regarding closing status as appropriate.* Ensure all loans are closed in strict accordance with all guidelines.* Review, balance, and approve a final Closing Disclosure statement for correct fees, escrows, payees, distribution of funds, and RESPA requirements.* Prepare closing documents and order wires* Experience and extensive knowledge of new TRID guidelines.Experience* 3-5 years of experience in Mortgage Closings* Must have knowledge pertaining to the regulations governing mortgage lending* Encompass knowledge* Preparing initial and final CDs* LE and compliance review* TRID timing* Title review and clearance in all states* Scheduling closings* Co-operatives closing docs, preparing Ucc-1, and recognitions agreements* Co-op collateral* Trust closings* Corp/LLC closings* Preparing commercial settlement statements or HUDs

Keywords: Madison-Davis, LLC - Executive Recruiting, New York , Mortgage Loan Closer, Other , New York, New York