JobMesh

Mortgage Closer

F&M Bank · Harrisonburg, Virginia, US

Description Position Overview: The Mortgage Loan Closer is responsible for coordinating and finalizing the closing of residential mortgage loans.

Job description

Description Position Overview: The Mortgage Loan Closer is responsible for coordinating and finalizing the closing of residential mortgage loans. This role ensures all documentation is accurate, compliant, and complete, and works closely with loan officers, processors, title companies/attorneys, and borrowers to facilitate a smooth closing process. Key Responsibilities: - Review and verify all loan documents for accuracy and compliance with company, investor, and regulatory requirements. - Prepare closing packages, including final Closing Disclosure, promissory note, mortgage/deed of trust, and other required documents. - Coordinate with title companies, attorneys, and other third parties to schedule and execute loan closings. - Ensure all conditions of the loan approval are satisfied prior to closing. - Communicate with borrowers regarding closing procedures, required documentation, and funding timelines. - Input and track closed loan data in the loan origination system, ensuring accurate reporting - Work with post-closing and funding teams to resolve any issues and ensure timely disbursement of funds. - Maintain knowledge of current mortgage regulations, compliance standards, and...