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JobTracks is looking for a Loan or Mortgage Funder to fill a Remote Work from Home Mortgage Work From Home Jobs | Telecommute Jobs | Remote Jobs | Virtual Jobs
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JobTracks is looking for a Loan or Mortgage Closer to fill a Fully Remote Mortgage Banking opening. The ideal Mortgage Closer Candidate should be able to have the following Mortgage Industry Skills:
Requirements of the Mortgage Closer Job:
- Closely examine all information pertaining to fees, rates, property information, vesting, etc. in loan file to ensure accuracy prior to drawing documents.
- Verify Fee Sheets and Doc Order requests.
- Look over all third-party invoices confirming they match those fees displayed on final HUD.
- Review FraudGuard for any MERS updated information and third-party alerts. If new, third-parties entered into the LOS, rerun FraudGuard.
- Ensure that all Prior to Doc conditions have been reviewed and signed off by underwriter.
- Check title report for correct endorsements and approved items, and to verify that Borrower and property are correct.
- Complete all required worksheets and checklists including Hazard Worksheet, Tax Worksheet, and closing checklist.
- Conduct compliance review of GFE, TILA, and Compliance Ease, and validate that the loan passes all federal and state rules.
- Coordinate and schedule loan closing.
- Verify pricing is in compliance with Plaza's closing manual.
- Prepare all closing documents and funding figures and send to Settlement Agent.
- Notify appropriate parties when documents are ready.
- Validate estimated HUD-1 for all compliance requirements, if applicable.
- Run a 'tape' to verify that the wire is correct and the loan balances. Double check all feeds for accuracy.
- Review final funding conditions provided to determine requirements are met and either sign off or recondition, if not satisfactory.
- When all conditions are met and Settlement Agent is ready to fund, update conditions, interest, funding date, wire information, and impounds. Check fees for accuracy and request wire in system.
- Confirm loans closed and funded with Settlement Agent. Ensure that proper fees are collected and that funding figures are calculated correctly.
- Post-closing and index closing packages.
- Review final HUD-1 for all compliance requirements. If fees change, rerun compliance test.
- Assess file for completeness and accuracy to ensure compliance with government and company requirements.
- Prepare collateral package to be shipped to warehouse bank per daily instructions.
- Send follow-up documentation to corporate departments.
- Perform related duties as directed by Manager and/or Assistant Vice President
- Help Assistant Vice President and Underwriting as required.
- Ensure all loans close and fund in adherence to all Plaza's Policy & procedures and are in compliance with all state and federal regulations.
- Examine other closers' loan documents and fund files as needed.
- Other duties as assigned.
Salary and Benefits of the Mortgage Closer position:
- Salary $50,000- 80,000 Depending on Experience
- Partial Remote and Possible Full Remote Opportunity
- Full Time position minimum 40 hours per week
- Paid Time Off
- Holiday Pay
- Vacation
- Medical/Dental/Vision
- 401K
- Additional Company benefits potentially available
- High school diploma or equivalent required; College degree preferred
- Knowledge of mortgage banking industry and closing loans
- Understanding of state and federal regulations for loan closings
- Demonstrated skill in monitoring and overseeing loan production pipeline
- Experience with Loan Origination Systems (LOS) such as Calyx Point and Ellie Mae
- Skilled in Document Preparation Software, such as DocuTech or DocMagic
- Proficiency with computer systems including MS Office (Word, Excel, and Outlook) and Internet Browsers
- Excellent written, verbal, and interpersonal communication skills
- Strong attention to detail and the ability to efficiently and consistently produce accurate work
- Solid organizational and problem-solving skills
- Capability of multi-tasking in a fast-paced environment with a heavy volume of transactions
- Proven aptitude to work in both a team and individual environment
- Sound judgment skills to make quick decisions within written policy and standard operating procedures essential
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