Benchmark Mortgage
Description
Bond Loan Closer
Position Overview Closers prepare and approve the mortgage loan closing disclosure and all other required closing documents, as well as schedule closing dates for borrowers. This position coordinates with departments across the Company to timely remedy any issues that may exist with the loan file. Performance of these duties ensures efficiency and effectiveness in the loan origination process and provides our borrowers with an excellent experience.
Essential Functions of the Role
Review loan documents for accuracy against bond program eligibility and investor requirements.
Ensure compliance with bond program requirements, including state housing finance agency guidelines.
Calculate and validate accurate disclosure and collection of program-specific fees.
Coordinate with bond program administrators and servicers to obtain approvals, satisfy conditions, and ensure timely loan delivery.
Work with secondary marketing and post-closing teams to address any investor suspense items needed for loan purchase.
Prepare and review all closing documents including closing disclosures in a timely manner.
Communicate with the loan originator, borrower, and settlement agent to schedule closing date and time.
Other duties as assigned.
Classification: Full Time, Non-Exempt
Reports to: Senior Closing/Funding Manager
Positions reporting to this position: None
Essential Knowledge/Skills/Abilities
Highly detail-oriented
Excellent organizational skills
Proven ability to prioritize and multi-task
Works well with little direction
Strong communication skills
Ability to work across organizational boundaries
Understanding of legal documents
Knowledge of residential closing conditions
Knowledge of TRID guidelines.
Experience Requirements
Minimum 4 years of mortgage closing experience required.
Minimum 2 year of mortgage bond closing experience required.
Experience with Encompass preferred.
Education / Licensing Requirements
High school diploma or equivalent required. Some college preferred.
Working Conditions
Fast-paced environment.
Requires normal vision (corrected) both close and distant.
Requires normal hearing levels (corrected).
Requires working at a desk to use a phone and computer for extended periods of time.
Requires sitting, bending.
Works effectively with frequent interruptions.
Lifting requirements of 10 lbs. occasionally.
Minimal travel #J-18808-Ljbffr
Position Overview Closers prepare and approve the mortgage loan closing disclosure and all other required closing documents, as well as schedule closing dates for borrowers. This position coordinates with departments across the Company to timely remedy any issues that may exist with the loan file. Performance of these duties ensures efficiency and effectiveness in the loan origination process and provides our borrowers with an excellent experience.
Essential Functions of the Role
Review loan documents for accuracy against bond program eligibility and investor requirements.
Ensure compliance with bond program requirements, including state housing finance agency guidelines.
Calculate and validate accurate disclosure and collection of program-specific fees.
Coordinate with bond program administrators and servicers to obtain approvals, satisfy conditions, and ensure timely loan delivery.
Work with secondary marketing and post-closing teams to address any investor suspense items needed for loan purchase.
Prepare and review all closing documents including closing disclosures in a timely manner.
Communicate with the loan originator, borrower, and settlement agent to schedule closing date and time.
Other duties as assigned.
Classification: Full Time, Non-Exempt
Reports to: Senior Closing/Funding Manager
Positions reporting to this position: None
Essential Knowledge/Skills/Abilities
Highly detail-oriented
Excellent organizational skills
Proven ability to prioritize and multi-task
Works well with little direction
Strong communication skills
Ability to work across organizational boundaries
Understanding of legal documents
Knowledge of residential closing conditions
Knowledge of TRID guidelines.
Experience Requirements
Minimum 4 years of mortgage closing experience required.
Minimum 2 year of mortgage bond closing experience required.
Experience with Encompass preferred.
Education / Licensing Requirements
High school diploma or equivalent required. Some college preferred.
Working Conditions
Fast-paced environment.
Requires normal vision (corrected) both close and distant.
Requires normal hearing levels (corrected).
Requires working at a desk to use a phone and computer for extended periods of time.
Requires sitting, bending.
Works effectively with frequent interruptions.
Lifting requirements of 10 lbs. occasionally.
Minimal travel #J-18808-Ljbffr