Retail Loan Closer
Inspire Home Loans, a Century Communities, Inc. company is currently searching for a retail loan closer. The qualified candidate will have 3-4 recent closing experience working on conventional and government loans. The loan closer will be working on loans from our retail division - refinances, purchases and resales. This position will be located in our Ontario, CA office.
Audit file for completeness and accuracy to ensure compliance with underwriting, government, investor and company guidelines;
Current knowledge of TRID with ability to calculate fee tolerance cures and determine proper waiting periods;
Prepare CD and coordinate closing date with processor and closing agent;
Confirm all prior-to-doc conditions are met and signed off by appropriate parties before releasing loan documents;
Prepare loan documents and ensure closing package is complete, fees accurate and fully compliant;
Review signed closing package for accuracy;
Ensure all prior-to-funding conditions are met and properly signed off;
Coordinate closings with settlement agents;
Responsible for preparing and verifying final funding figures;
Prepare wire request for funding and provide settlement agent with funding authorization;
Post-closing duties include confirming recording/disbursement, preparing collateral package, MERS registration, exporting 3.2 DU file, curing post-closing deficiencies, reconciling final settlement statement and preparing post-closing CD, if needed.
Minimum 3-4 years recent closing/funding experience.
Conventional and Government (FHA/VA/USDA) loans experience required.
Thorough knowledge of TRID and RESPA LE/CD, required.
Strong aptitude for detail, accuracy and organizational skills.
Ability to prioritize and multi-task.
Ability to manage 100 closings/month.
Excellent interpersonal, written and verbal communication skills.