Mortgage Loan Closer I
$47,528–$71,448 year
On-siteBeavercreek, Ohio, United States
Job Summary
Prepare mortgage closing documents in the LOS system, validating insurance, TRID documentation, borrower vesting, and payment figures to ensure accuracy and compliance. Coordinate with credit unions and settlement agents as a single point of contact, providing precise instructions and reviewing all closing conditions before approving final disclosures. Review loans and documents for adherence to federal and state regulations including RESPA, TILA, SAFE Act, and TRID, ensuring system data matches automated underwriting decisions. Maintain accurate records and report gaps in policies to leadership to mitigate risk. Requires two years of processing or closing experience and proficiency in mortgage software.
Required Qualifications
- A high school diploma or equivalent
- Minimum of two years' previous processing and/or closing experience with first mortgage loans
- Demonstrated ability to learn and use the necessary software to complete job functions, especially a credit union's core processing system, mortgage loan origination and processing systems and third party web sites
- Demonstrated ability to read automated underwriting decisions, property appraisals, title commitments, purchase agreements and other mortgage-related documents as well as prepare mortgage closing packages
- Must have knowledge of the closing policies and procedures of multiple investors
- Demonstrated ability to learn and adhere to federal and state regulations/laws as they pertain to mortgage lending
Desired Qualifications
- Excellent oral and written communication skills with the ability to prepare clear and concise closing instructions, reports, procedure manuals, etc.
- Excellent telephone and email manners and techniques
- Demonstrated ability to interact with other mortgage professionals, including Realtors, appraisers, attorneys and title company personnel
- Proficient in data entry, attention to detail and computer skills, including spreadsheets, internet commerce, word processing, Microsoft Word, Excel, etc.
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