Assumptions Closing Specialist- Remote
LoanCare · US
Overview The Assumptions Closing Specialist supports the assumption process by reviewing TRID disclosures, validating loan and borrower information, and ensu...
Job description
Overview The Assumptions Closing Specialist supports the assumption process by reviewing TRID disclosures, validating loan and borrower information, and ensuring the accuracy and completeness of all related documents. The role works closely with internal teams and external parties to resolve issues, ensure proper recording of documents, and uphold compliance and quality standards. Responsibilities: - Review TRID pre-closing disclosures, including Loan Estimates and Closing Disclosures to ensure accuracy. - Validate all mathematical calculations, loan data, demographic details and client/investor information to ensure accuracy across all loan documents. - Review assumption agreements for completeness and accuracy. - Assist with clearing closing conditions. - Examine all file documentation for completeness and proactively follow up with borrowers and applicants to obtain any missing information. - Serve as a liaison among internal departments, customers, and third parties to facilitate issue resolution and ensure a smooth assumptions process. - Monitor, track, and confirm that assumption documents are properly recorded with the appropriate counties, including addressing and resolving...