Corporate Mortgage Closer I

About The Role

The Mortgage Loan Closer prepares the initial and final closing disclosure (to include review of the Seller CD) and closing package, funds the mortgage transaction, ensuring that all documents are complete, accurate, and in compliance with applicable laws and regulations.

This is a Corporate position which may be located at an available bank division in Coeur d'Alene, , Post Falls, , or Spokane, WA. The entry rate for this position is $19.12 + / per hour (calculated for Couer d'Alene, ). to learn more about our bank divisions.

All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background.

WA Applicants ONLY range:
Spokane $21.01 to $31.53 per hour.

• Maintains a professional, courteous, service oriented relationship with all parties involved in the loan process. Acts as liaison between the company, the title/escrow company, and the originator to ensure timely closing of the loan, accurate completion of all loan documents, and coordination of the closing process.
• Schedules and prepares loans for closing once the Underwriter has approved the loan and conditions are cleared. Ensure closing documents and instructions are accurate by reviewing fees and final figures from title/escrow, calculating cash to close, and validating loan data.
• Entering required data into Loan Origination System (LOS).
• Delivers Closing Disclosure per proper Service Level Agreements (SLA).
• Sends closing document package to title/escrow and borrower (if eClosing). Receives in signed closing docs from title/escrow and requests funding of the loan.
• Accountable for follow up for any missing or incomplete loan documentation in all files processed and/or closed.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

• High School Diploma / GED (Required)

• 1 year Mortgage Fulfillment Experience – Required
• Beginner Experience with loan platform software such as Encompass, and ability to learn additional computer applications – Required
• 1 year Closing Experience – Preferred
• Knowledge of FHA, VA, USDA, Conventional, Construction, and Loan Policy procedures – Preferred

• Ability to multi-task and handle complex tasks efficiently. Strong organizational skills.
• Strong analytical skills.
• Strong attention to detail.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
• Employee must be capable of regular, reliable, and timely attendance.
• Employee must be capable of interacting calmly and professionally with a variety of people from diverse backgrounds at various levels within and outside of the organization.

Occasional travel required: (less than 10 days per year) by automobile (as driver and passenger), commercial airlines, rental vehicles and public transportation and be able to lodge in public facilities.

Environment:
Indoors, a climate-controlled shared work area.

Noise Level: Moderate noise; not extreme or excessive; within reasonable limits.

Lifting:
Sedentary work:
Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.

Close visual acuity to prepare and analyze data and figures, view a computer terminal, and read the computer screen, printed materials, and handwritten materials.

• Balancing (Infrequent - rare)
• Climbing (Infrequent - rare)
• Crawling (Infrequent - rare)
• Crouching (Infrequent - rare)
• Feeling (Infrequent - rare)
• Fingering (Daily)
• Grasping (Infrequent - rare)
• Kneeling (Infrequent - rare)
• Lifting (Infrequent - rare)
• Pushing (Infrequent - rare)
• Pulling (Infrequent - rare)
• Repetitive Motion (Daily)
• Stooping (Infrequent - rare)

COMPENSATION & BENEFITS: Starting salary is…