Closer

Position purpose - Responsibilities/Duties/Functions/Tasks

The purpose of this position is to ensure closing documents are correct with the chosen investor and loan program. This includes but is not limited to form numbers, dates, margins, and caps.

Prepares and provides mortgage closing docs for the buyers/borrowers for signature at closing

Verifies accuracy and consistency of specifications on documents, such as closing submission and approval forms and notes any inconsistencies

Answers questions regarding closing requirements for all parties

Enters all required information into DataTrac or any other required closing system

Uses margins and caps from the closing submission forms, checks against investor requirements, and contacts branches for clarification if the data differs

Enters changes to closing documents, such as fees, interest adjustments, and payment dates, into DataTrac

Uploads new documents into DocumentTrac

Completes checklists for specialty loan types or ARMs

Runs Compliance Ease reports on all files before closing documents are released

Assembles documents for delivery to the Title Company, real estate broker, or lending officer for closing, including final 1003, GFE, initial disclosures, tax returns, borrower explanation letters, hold harmless or any other required conditions

Qualifications

Previous mortgage or title experience

Preferences

Excellent communication and customer service skills

Organized and detail-oriented

A self-motivated team player

Company Conformance Statement

In the performance of assigned tasks and duties all employees are expected to conform to the following:

Review and adhere to policies and guidelines contained within the Employee Handbook, including privacy and information security guidelines.

Act within delegated authorities and adheres to applicable policy and procedures associated with such authorities.

Contribute to establishing a respectful workplace where diversity is critical to innovation and growth.

Ensure every action and decision is aligned with PRMI values.

Partner with your management team to understand performance expectations and measurements. Effectively utilize feedback and coaching opportunities while seeking to learn and develop within your role at PRMI.

Realize team synergies through networking and partnerships across PRMI.

Embrace change; act as advocate and role model, promoting an approach of continuous improvement.

Maintain a high standard of customer care while actively listening to customers in an effort to understand their views and needs.  Take ownership of problems and issues, taking into consideration the breadth of PRMI competencies in providing solutions.

Work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.

Work effectively as a team contributor on all assignments.

Perform quality work within deadlines.

Respect client and employee privacy.

Work Requirements

Each employee must be able to communicate clearly and effectively, utilize a computer, maintain a work schedule, and effectively perform in an office setting.  To maintain and ensure secure privacy of borrower (and other protected) information, an essential function of this job may require physical attendance in a defined office space. (i.e. branch or corporate office location).  Employment with PRMI requires compliance with and adherence to all applicable mortgage and fair lending laws and regulations as well as PRMI policies. The ability to work extended hours may be required.

Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.