Mortgage Closer
Primis Bank · Wilmington, North Carolina, US
Position Summary: The Mortgage Closer is responsible for coordinating all phases of loan closing and funding.
Job description
Position Summary: The Mortgage Closer is responsible for coordinating all phases of loan closing and funding. The Mortgage Closer's is also responsible for preparing loan closing packages, communicating with all parties involved in the transaction, and ensuring that all paperwork is complete, accurate, and in compliance with legal regulations. Essential Functions: - Establish communication and follow-up to acquire title and closing related fees and details. - Review and update loan origination system data needed to populate closing disclosure for accuracy and completeness. - Complete key mortgage-related fields in our Encompass origination system. - Prepare initial Closing Disclosure and understand mortgage-related terms and types of programs. Conduct detailed review of all fees for accuracy. - Manage and resolve any concerns, problems, and documentation issues. - Advise all parties of any changes or issues that may occur to ensure high quality standards and customer service. - Complete all disbursement procedures for issuing of funds to attorneys/title company, any necessary refund checks, and release of escrow monies withheld. - Regular, reliable, and predictable attendance. Marg...