The Jr Closer is responsible for assisting the team in the activities of the closing department. This includes Closing/Funding daily procedures and workflow; managing queues; reviewing incoming loans for data accuracy
Principal Duties
- Learn and utilize loan origination software.
- Participate in structured training and development program with career path opportunities
- Assists in turn times and productivity at an individual and department level.
- Checks all applicable documents in file for accuracy and consistency
- Use system generated loan conditions to complete the requisite due diligence on all loans
- Serve as a conduit between the closing department, Processors, and Management to ensure a smooth loan process for the borrower
- Work effectively under specific time constraints
- Maintains good communication and relationships with internal and external customers.
- Operate and prioritize in a fast-paced environment
- Adheres to all compliance regulations including RESPA credits, MDIA, Change of Circumstance, Rescission, and any additional applicable compliance regulations.
- Escalates issues when needed and follows directions from supervisor for resolution of issues.
- Performs related duties as assigned by supervisor.
Education and Experience Requirements
- High school diploma or equivalent.
- Bachelor’s Degree is preferred
Knowledge, Skill, and Ability Requirements
- Basic Knowledge of loan documentation
- Positive Attitude
- Excellent interpersonal, written, and oral communication
- Knowledge of MDIA, RESPA, and REG Z disclosure requirements
- Strong attention to detail and organization skills.
- Ability to work in a fast-paced environment
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.