• Job Description

  Req#: 542984

  Join Our Team as Mortgage Loan Closer III !

  Are you a detail-oriented professional with a passion for mortgage lending? We're looking for an experienced Mortgage Loan Closer to join our team and ensure smooth and accurate loan closings. If you have a strong background in closing FNMA/FHLMC & Government loans, excellent organizational skills, and a keen eye for compliance, we want to hear from you!

  What You'll Do:

  Closing Preparation:

  1. Review and prepare the initial Closing Disclosure at least three days prior to closing.
  2. Ensure the loan package is accurate and complete before sending it to the closing attorney.
  3. Clear any underwriting conditions required before closing.

  Transaction Management:

  1. Balance the transaction and send a wire for funding the loan at disbursement.
  2. Monitor new loans for incoming work and track work in process.
  3. Utilize conditions set and checklists to determine due diligence requirements for each loan type.

  Due Diligence Review:

  1. Review due diligence items such as title commitment, verification of employment, closing disclosure, loan estimate, TRID requirements, fraud report, compliance report, appraisal, flood determination, rate lock, proof of insurance documents, HMDA, rate spread, loan closing advisor/UCD, and funding/wire.

  Coordination and Communication:

  1. Schedule loan closings and compile and prepare closing documents.
  2. Interact with underwriters to ensure accurate interpretation of loan closing conditions.
  3. Establish and maintain effective dialogue with lenders and utilize system capabilities to ensure deal status information is readily available.

  Compliance and Documentation:

  1. Ensure all due diligence information is properly documented and appended for image.
  2. Review application and initial loan documentation for adherence to all compliance and regulatory requirements.
  3. Audit and review HMDA to ensure completeness.

  Escrow and Insurance:

  1. Calculate and establish escrow accounts/documentation for customers.
  2. Determine adequacy of insurance coverage.

  What You’ll Bring:

  1. Minimum of 5 years of closing experience with FNMA/FHLMC and Government loans is required
  2. Mortgage lending experience, including regulatory compliance, title, hazard insurance, and flood insurance.
  3. Excellent time management and organizational skills.
  4. Strong understanding of applicable bank policies and procedures.
  5. Extensive knowledge of vendor documents, loan documents, TRID regulation, consumer lending, and loans.
  6. Proficiency in Microsoft Excel, Word, Encompass, and other personal computer skills.
  7. Ability to multi-task and detail-oriented.
  8. Knowledge of procedures and regulations related to the ordering, review, and receipt of required documents.
  9. Ability to balance and send wire for funding the loan closing.
  10. Understanding of large and complex credit requests.

  Conditions of Employment :

  • Must be able to pass a criminal background & credit check

  • This is a full-time, non-remote position

  Ready to take your career to the next level? Apply now and become a key player on our mortgage lending team!

  We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state, or local protected class.

  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• About the company

  Since 1950, United Community Bank has been dedicated to providing best in class service to our customers as the foundation of every relationship. We are “The Bank That SERVICE Built®” and we are committed to improving the communities we serve through the philosophy of delivering exceptional banking service.

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