Closer
The Loan Closer is responsible for preparing and verifying closing documents, producing closing instructions, and funding loan transactions that meet all terms of the sale and have received final approval.
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DUTIES & RESPONSIBILITIES
- Thoroughly review loan files to confirm all conditions are cleared and the file is ready to close
- Prepare closing documents ensuring quality, correct closing fees, and proper closing conditions
- Verify information for accuracy, such as legal names, legal address, terms, price, rate, title work, and hazard
- Review and deliver the Closing Disclosure, ensuring that the loan meets program guidelines, compliance, and company policies
- Set up funding to send a wire to the title company for the disbursement of funds
- Maintain a closing pipeline, adhering to warehouse wire time limitations, and contract closing dates, and delivering complete closed loan files on time
- Closes a minimum of 80 loans per month