Mortgage Loan Closer

As the Mortgage Loan Closer, you will prepare closing packages for individual loan types in accordance with Bank and Investor guidelines, ensure timely movement and closing of loans through the pipeline, and coordinate with Title Companies, Attorneys, Loan Officers, Processors, and Insurance Companies to obtain necessary documentation. You will monitor loan status to meet timely/qualify standards, advise all parties of changes or issues, perform a pre-closing quality review of loan files, review preliminary documents (Title binder, survey, termite report, Hazard/Flood insurance binder, Deed, HUD1, Power of Attorney/Trust documentation), complete disbursement procedures for funds, respond to and resolve complex problems, follow up on deficiency requests to ensure timely funding, and recommend procedural changes while complying with bank policies and regulatory requirements (AML/BSA). The role requires at least two years’ experience closing Conventional and government loans, a High School Diploma or equivalent, working knowledge of real estate lending criteria and regulations, and strong organizational and communication skills in a fast-paced Mortgage Banking environment. Preferred experience with Microsoft Word and Encompass software, and the ability to analyze data and prepare documentation. Physical demands include light lifting up to 10 pounds and prolonging periods of sitting and computer use. The position is described as hybrid in Norfolk, VA.