Mortgage Closer reviews all submitted material and prepares closing documents for mortgage loans. Maintains loan files and verifies information is correct, accurate, and complete. Being a Mortgage Closer gathers missing information as needed and acquires necessary signatures. Performs final closing calculations and coordinates the closing of loans and disbursement of loan funds. Additionally, Mortgage Closer ensures all documents are sent to appropriate departments and are in compliance with all regulations. Requires a high school diploma. Typically reports to a supervisor. The Mortgage Closer works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Mortgage Closer typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)
Description
As a Specialist for Canopy Mortgage, you will be responsible for ordering, reviewing, and analyzing all third party items required for any given mortgage. You will be tasked with communicating with the loan team and ensuring that we meet deadlines. There are four main tasks a specialist will work on: Appraisals, Verifying Employment (VOEs), Homeowners Insurance (HOIs) and Title Reports.
Requirements
Responsibilities:
1. Appraisals- Act as a point of contact for loan officers and appraisers to schedule and ensure that the appraisal report is completed on time to meet deadlines. Once the report is back, you will review it for accuracy and communicate any further needs to the loan team and/or appraiser.
2. Verifying Employment (VOEs)- Obtain documentation from the borrowers employer(s) to verify income, job position and length of employment. Once received, you will review for accuracy.
3. Homeowners Insurance (HOIs)-Act as point of contract for loan team and insurance agents, working to obtain a copy of the Evidence of Insurance for borrowers/property. Once received, reviewing policy to confirm it meets agency guidelines and following up for any corrections needed.
4. Title Reports- Working with title companies to request title packages. Acting as a point of contact between title companies and loan teams. Reviewing title packages to confirm all documents meet agency guidelines. Following up with with the title companies to request any missing documents and/or corrections needed.
Qualifications:
If you are a motivated and detail-oriented professional with a passion for the mortgage industry, we invite you to apply for the Specialist for Canopy Mortgage position. Join our dynamic team and contribute to helping individuals achieve their dream of homeownership.
0 Mortgage Closer jobs found in Provo, UT area