The Loan Closer is responsible for coordinating loan closings in compliance with company, and industry standard rules and regulations. This position will prepare legal documents and closing packages for title companies and attorneys. The Loan Closer works solely on FHA and VA Streamline transactions.
Essential Job Functions may include:
- Review Closing Disclosure
- 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.
- Understand and adhere to all existing and/or changes to internal or external guidelines, processes and procedures as soon as they are implemented.
- Responsible for preparing and verifying final figures.
- Sending Closing documents.
- Requesting the wire timely,
- Coordinate closings with title companies.
Other Related Duties:
Performs other related duties as assigned.
This job has no supervisory responsibilities.
To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Education and/or Experience:
Minimum high school diploma or general education degree (GED) required. Minimum 3 year previous experience as a loan processor, funder or closer. In addition, working knowledge of RESPA 2010, HMDA and Appraisal Independence Requirements (AIR) required. Must be able to work independently or as part of a team in a high-paced environment. Working knowledge of MS Office skills required.
Excellent verbal and written communication skills required. Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
Certificates, Licenses, Registrations:
Physical Demands :
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
This job description does not list all the duties of the job. You may be asked by your supervisors or managers to perform other duties. You will be evaluated in part based upon your performance of the tasks and functions listed in this job description. The employer has the right to revise this job description at any time. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.
Career development and advancement
Working at Freedom, you have the chance to invest in yourself. From on-the-job training to advancement opportunities, and from tuition assistance to our annual internal leadership conference, we’re focused on upskilling, achieving, and celebrating.Learn More
We run huge company-sponsored donation events and contests, as well as offer paid volunteer time so you can commit your support to the causes which you care about most.Learn More
Holidays and paid time off
We offer ample paid time off including multiple paid holidays — because your downtime and well-being are just as important to us as your time in work mode.Learn More
Our salaries are competitive — rewarding your experiences, contributions, and hard work. We also have a 401K plan which provides a matching contribution.Learn More
We offer several medical benefits plans and options to choose from including dental, vision, disability and life insurance, dependent care and flexible spending.Learn More
Pets are part of the family too! We offer comprehensive vet insurance to make sure your cats are cared for, your pups are prioritized, and your lizards looked-after.Learn More
LOAN OFFICER LOCATION: Remote FREEDOM MORTGAGE The Loan Officer is a customer focused, inside sales position within the Call Center. Will be responsible for both in-bound and out-bound calls through marketing …
Senior Loan Advisor Freedom Mortgage Location: Remote The Senior Loan Advisor is a customer focused, inside sales position within the Call Center. Will be responsible for both in-bound and out-bound calls through m…
Senior Loan Advisor Freedom Mortgage Location:Remote The Senior Loan Advisor is a customer focused, inside sales position within the Call Center. Will be responsible for both in-bound and out-bound calls thro…
Summary The Customer Advocate is responsible for processing loan applications in compliance with mortgage lending and applicable investor guidelines. Performs duties such as …
The Senior Loan Officer is a customer focused, inside sales position within the Call Center. Will be responsible for both in-bound and out-bound calls through marketing campaigns. Will conduct the initial pre-qualification phone screen, and prep…
Summary The Loan Officer is a customer focused, inside sales position within the Call Center. This position will be responsible for both in-bound and out-bound calls through marketing campaigns. The Loan Advi…
The Call Center Sales Manager is responsible for overseeing the daily operations. This person will be responsible for ensuring the department run efficiently while achieving and maintaining all established departmental goals. Achieves client ser…
Summary The Customer Support Specialist serves as a Point of Contact Agent, they are an information link between the customer and the business line. The overall purpose of this position is to engage the customer in…
The Assoc. Director Sales for the Call Center is responsible for overseeing the daily operations. This person will be responsible for ensuring the department runs efficiently while achieving and maintaining all established departmental goals. …