Loan Closer - Funder

Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation of amazing service, customer satisfaction, on-time closings, employee retention, and happiness. We employ people who are passionately committed to Cornerstone’s Mission, Vision & Core Convictions. Our brand is known for on-time closings - a key core conviction of Cornerstone. We have successfully navigated our company through many industry cycles and changes in regulations.

We honor
God
by using our talents to make a
positive difference
in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are looking for:

We are seeking an experienced Mortgage Closer with strong time management, organization, good work ethic, and flexibility to support our Customers and our Loan Officers deliver outstanding service.

What you’ll do:

• Prepare Closing packages
• Provide funding authorization to Title/Escrow Agents
• Review signed closing packages for accuracy
• Understanding fee tolerances, how to handle tolerance violations, when 3 day wait periods apply
• Ensure the closing package is fully complete and accurate and compliant, which includes but is not limited to:
• Lender and seller credits are itemized
• POC credits are itemized
• Fees are listed in the correct sections
• Fee entries are correct
• Escrows set up properly
• Ensure all date entries are completed to ensure accurate reporting and to ensure Loan Officer (and team) have visibility to the steps that have been completed
• Update status notes within the TRID form regarding communication with Loan Officer, borrower or settlement agent

What you’ll need to be successful:

Success in this job relies on your time management skills, organization, and positive attitude. In addition, you’ll need the following qualifications:

• Experience and extensive knowledge of new RESPA/GFE laws
• Clear focus on detail and ability to recognize inconsistencies in data/documents
• Detailed knowledge of Closing and Legal Documents (HUD-1, Note, Deed of Trust, Assignment, Title Binder) and Disclosure Documents (TIL, GFE, Right of Rescission, State-specific)
• Ability to work in a “High Volume