Mortgage Loan Closer

3 weeks ago


Troy, United States LitFinancial Full time

Role Overview:

We are looking for a meticulous and proactive Loan Closer to join our team at LitFinancial. The ideal candidate will have a strong understanding of the loan closing process, excellent communication skills, and a knack for problem-solving. As a Loan Closer, you will be responsible for ensuring the smooth and accurate closing of loans by working closely with title companies, managing loan funding on our warehouse line, and coordinating with clients, loan officers, and loan processors.


Key Responsibilities:

  • Coordinate with Title Companies: Work directly with title companies to balance and finalize loan documents, ensuring all requirements and details are accurate and compliant with company policies and regulations.
  • Fund Loans: Oversee the funding of loans on our warehouse line, ensuring timely and accurate disbursement of funds in accordance with closing schedules and financial agreements.
  • Client Interaction: Communicate with clients to schedule and confirm closing dates and times, providing clear and concise information to facilitate a smooth closing process.
  • Collaboration with Loan Officers and Processors: Maintain frequent interaction with loan officers and loan processors to resolve any issues, address questions, and ensure all necessary documentation is complete and correct.
  • Documentation Management: Review and verify loan documents for accuracy, completeness, and compliance with company standards and legal requirements.
  • Problem-Solving: Address and resolve any discrepancies or issues that arise during the closing process, ensuring a seamless experience for all parties involved.
  • Record Keeping: Maintain detailed and accurate records of all loan closing activities and communications for auditing and compliance purposes


Qualifications:

  • Mortgage Industry, Mortgage Lending, and Loan Processing skills
  • Experience in loan underwriting and verification
  • Knowledge of mortgage lending regulations
  • Strong attention to detail and organizational skills
  • Excellent communication and interpersonal skills
  • Ability to work in a fast-paced environment
  • Good Understanding of UWM Broker Portal




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