Mortgage Closing Coordinator

1 month ago


Robinson Township, United States AppleOne Employment Services Full time

Mortgage Closing Coordinator

Direct-Hire

Fully Onsite - Robinson Township


Position Overview:

The Mortgage Closing Coordinator is responsible for managing the final stages of the mortgage loan process, ensuring that all necessary documentation is complete, accurate, and compliant with regulatory standards. This role requires meticulous attention to detail, strong organizational skills, and the ability to communicate effectively with various stakeholders, including loan officers, underwriters, title companies, and borrowers.

Key Responsibilities:

Document Preparation and Review:

  • Prepare and review closing documents to ensure accuracy and completeness.
  • Verify that all documents meet company standards and regulatory requirements.
  • Coordinate with title companies to ensure that title commitments are accurate and free of issues.

Coordination and Communication:

  • Act as the primary point of contact for borrowers, loan officers, and other involved parties during the closing process.
  • Schedule and coordinate closing dates, ensuring all parties are informed and prepared.
  • Communicate any issues or discrepancies with the appropriate parties and work to resolve them promptly.

Compliance and Quality Control:

  • Ensure that all closing procedures comply with applicable laws and regulations, including RESPA, TILA, and other mortgage-related regulations.
  • Conduct final quality checks on closing packages before disbursement.
  • Maintain accurate records and documentation for all closed loans.

Funding and Disbursement:

  • Coordinate the funding and disbursement of loan proceeds, ensuring timely and accurate distribution.
  • Prepare and balance closing statements and ensure that all fees and costs are properly accounted for.

Post-Closing Activities:

  • Assist with the post-closing process, including the delivery of final documents to the appropriate parties.
  • Address any post-closing issues or questions from borrowers or other stakeholders.

Qualifications:

  • Education: Bachelor’s degree in finance, business, or a related field preferred.
  • Experience: Minimum of 2-3 years of experience in an administrative position.
  • Knowledge: Strong understanding of mortgage loan products, closing procedures, and relevant regulations.

Skills:

  • Exceptional attention to detail and organizational skills.
  • Excellent communication and interpersonal abilities.
  • Proficiency in mortgage software systems and Microsoft Office Suite.
  • Ability to manage multiple tasks and prioritize effectively under tight deadlines.

Benefits:

  • Competitive salary and performance-based bonuses.
  • Comprehensive benefits package, including health, dental, and vision insurance.
  • Retirement plan with company matching.
  • Opportunities for professional development and growth.



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