Mortgage Loan Closer/Disclosure Specialist

1 month ago


Winchester, United States Peoples Exchange Bank Full time

Mortgage Loan Closer/Disclosure Specialist

ROLE:The loan closing function is responsible to prepare mortgage closing documents.  Ensuring all essential information is accurate and communicates with internal staff as well as settlement agents to solve all closing issues in a timely manner. The disclosure function is responsible for preparing the Loan Estimate and sending out initial disclosures.

ESSENTIAL FUNCTIONS & RESPONSIBILITIES: 
Prepares Closing Disclosures and all other information in loan origination software for secondary market and consumer inhouse mortgage loans. Also prints and competes applicable Peoples Exchange investor documents when needed. Reviews approved mortgage loans to determine conditions that must be met prior to closing. Balancing of loan transactions and preparation of general ledger entry tickets. Audit and preparing the Loan Estimate and sending out initial disclosures.  Track disclosures that need to be sent and send via e-sign portal or paper fulfillment as appropriate. Point of contact with settlement agents; e.g. attorney, title company, lender, etc. Request required documents, set closing dates, prepares and delivers closing package to settlement agent and lenders. Verifies accuracy and consistency of specifications on title abstracts, insurance forms, and other required documents. Prepare FHA Insurance and Mortgage insurance certification when applicable. 
Prepare and Review Adverse Actions and Checklist for certain Lenders. 
Research and Clear Investor exceptions when needed. Performs other duties with the department as assigned.

Peoples Exchange is built on tradition, service and trust. Since the first meeting of original charter board members, we have been locally owned and operated. Our founders set high standards of excellence for our organization, our operations, and our people for over 100 years. 

We have always been proud to be a pioneer in our marketplace by offering banking products and services to benefit our friends in the communities we serve. As times change, so do the needs of our customers. Peoples Exchange will always offer top notch customer service maintaining our hometown, friendly service that our customers have grown to expect. 

Equal Opportunity Employer M/F/Disability/Veteran

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



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