Retail Loan Closer

Mortgage Ontario, California San Bernadino, California Los Angeles County, California Riverside, California Newport Beach, California


Description

Position at Inspire Home Loans

Job Summary:
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.

Essential Responsibilities:

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.

Requirements:

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.