Mortgage Closing Specialist

1 week ago


Winchester, Virginia, United States Peoples Exchange Bank Full time
Position Overview:

The role of the Mortgage Closing Specialist encompasses the preparation of essential mortgage closing documentation. This position requires meticulous attention to detail to ensure all information is accurate while collaborating with internal teams and external settlement agents to address any closing challenges efficiently.

Key Responsibilities:

1. Prepare Closing Disclosures and manage all necessary information within loan origination software for both secondary market and in-house mortgage loans.
2. Print and complete relevant Peoples Exchange investor documentation as required.
3. Review approved mortgage loans to identify conditions that must be satisfied prior to closing.
4. Balance loan transactions and prepare general ledger entry tickets.
5. Audit and prepare the Loan Estimate, ensuring timely dispatch of initial disclosures.
6. Monitor disclosures that require distribution and send them via e-sign portal or traditional paper fulfillment as appropriate.
7. Serve as the primary contact for settlement agents, including attorneys, title companies, and lenders.
8. Request necessary documentation, establish closing dates, and prepare and deliver closing packages to settlement agents and lenders.
9. Verify the accuracy and consistency of specifications on title abstracts, insurance forms, and other required documentation.
10. Prepare FHA Insurance and Mortgage Insurance certifications when applicable.
11. Review Adverse Actions and Checklists for specific lenders.
12. Research and resolve Investor exceptions as needed.
13. Perform additional duties as assigned within the department.

About Peoples Exchange Bank:

Peoples Exchange Bank is built on a foundation of tradition, service, and trust. For over a century, we have been locally owned and operated, with our founders establishing high standards of excellence for our organization and our people.

As we adapt to the evolving needs of our customers, we remain committed to providing exceptional customer service while maintaining the friendly, hometown approach that our clients have come to expect.

Equal Opportunity Employer: M/F/Disability/Veteran

Benefits:

Peoples Exchange Bank offers cost-sharing on health, dental, and vision insurance, in addition to covering 100% of the premium for full-time employee-only plans in key benefit areas such as Life Insurance, Long-Term Disability, and Short-Term Disability insurance.

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