Summary GENERAL FUNCTIONS:
This position is responsible for ensuring that closing documents are signed appropriately and conform to industry guidelines.
Duties & Responsibilities PRINCIPAL ACCOUNTABILITIES:
Must have experience in paying and insuring government loans.
Review all closed loan packages upon receipt for properly executed documents. This includes government loans and conventional, conforming and non-conforming. System requirements on each type of loan will vary, but must be complete, including moving milestones.
Review file to ensure appropriate riders, correct legal description, names, etc are on all documents. Clear all underwriting closing conditions as required; activate mortgage insurance. Monitor security instrument and assignments for proper filing and recording.
Scan closing packages into the system in a neat, orderly fashion.
Process trailing documents as needed.
Follow up at appropriate intervals on corrections of errors with closers.
Achieve minimal turn times in delivery of closed loans to servicing.
Promotes honest and open communication throughout the organization.
Demonstrate behaviors that are consistent with the organizations’ values, philosophies, and leadership characteristics.
Other duties as assigned.
KNOWLEDGE, SKILLS AND ABILITIES:
Ability to communicate effectively in writing and orally.
Ability to resolve interpersonal conflict and miscommunications.
Understanding or mortgage regulations
Keenly aware of timing to fulfill required deadlines
Knowledge of spreadsheet software and ability to use word processing software.
Must be able to be bonded.
Broad knowledge of mortgage lending and auditing.
Experience a PC based loan management system, which includes pipeline tracking, reporting, and management capabilities.
Requirements EXPERIENCE/EDUCATIONAL REQUIREMENTS:
1-3 years mortgage post-closing auditor or equivalent experience. Must be self-motivating and task oriented.
