Loan Closer Or Funder

Under the direction of the Closing Manager, the Loan Closer/Funder is responsible for preparing loan packages for closing as well as funding loans.

• Reviews loan packages for required documentation.
• Ensures loan packages meet compliance guidelines; fixing discrepancies as necessary.
• Inputs and confirms data required to generate closing documents.
• Generates Review and Approve Closing Package.
• Serves as liaison between Supreme Lending and closing agent.
• Generates, reviews and approves HUD1/Settlement Statement.
• Calculates funding amount for each loan package.
• Balances figures with closing agent.
• Releases wire and funds loan.
• Adheres to minimum production standard.
• Maintains a professional image and adheres to standards consistent with company policies and procedures.
• Other duties as assigned.

• High school diploma or equivalent, required.
• Minimum of 1 year related experience.
• Minimum of 2-3 years using Encompass
• Familiar with reading and interpreting insurance policies, tax information, prelims, appraisals and settlement statements.
• Knowledge of MDIA and RESPA disclosure requirements.
• Excellent written and verbal communication skills.
• Excellent organizational and time management skills.
• Excellent PC skills, including word processing and spreadsheets. Ability to learn additional programs as required.
• Demonstrated ability to interact effectively with title companies, branch, regional and corporate personnel.

The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the company.