Mortgage Closer jobs in Philadelphia, PA

Primary Function

The Closer is responsible for preparing loan packages according to state and/or federal regulations and ensure loans close in accordance with Underwriter’s approval and Newrez’s policies and procedures.

Principal Duties

• Prepares legal documents according to state and/or federal regulations
• Reviews and approves the final balanced Closing Disclosure
• Ensures loan package meets compliance guidelines and fixing discrepancies as necessary
• Generates and approves the Closing Package
• Serves as liaison between Newrez and closing agent.
• Inputs and confirms data required to generate Closing Package
• Completes work within established closing deadlines.
• This position is considered a non-loan originator position, this means participants may not engage in activities of a loan originator, including communicating directly with borrowers about credit qualification or loan terms, including pricing concessions or other transaction-specific terms or conditions
• Works with title companies on loan scheduling, document delivery, final sign-off
• Meets performance requirements for volume, quality, and timeliness
• Performs related duties as assigned by supervisor.

Education and Experience Requirements

• High school diploma or equivalent required; 4-year college degree preferred.
• Minimum two (2) years mortgage Closing, or Post- Closing experience is required
• 1-2 years loan funding experience preferred

Knowledge, Skill, and Ability Requirements

• Basic knowledge of loan documentation.
• Advanced computer sills including Excel and Outlook.
• Advanced mathematical skills.
• Excellent interpersonal, written and oral communication skills.
• Familiar with reading and interpreting insurance policies, tax information, prelims, appraisals and settlement statements.
• Knowledge of MDIA and TRID disclosure requirements.
• Strong attention to detail and organization skills.
• Ability to work in a fast-paced environment.

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Job Type: Full-time

Pay: $45,083.84 - $54,294.51 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off

Schedule:

• Monday to Friday

Ability to Relocate:

• Fort Washington, PA 19034: Relocate before starting work (Required)

Work Location: In person