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BankPlus · 1 month ago

Mortgage Loan Closer- Ridgeland, MS

Ridgeland, MS, USA

Full-time

Onsite

Entry, Mid Level

2+ years exp

BankPlus is a high-performing financial institution committed to fulfilling promises and building lasting relationships. They are seeking a Mortgage Loan Closer responsible for preparing closing packages on approved loans in accordance with industry and regulatory guidelines and ensuring all loan approval requirements are met.

BankingFinancial ServicesVenture Capital

Responsibilities

Review necessary documents and calculate and input fees to generate Closing Disclosures in a timely manner in accordance with regulatory compliance

Verify loan information and supporting documentation to make pertinent data entries in the system to generate accurate loan packages

Work with attorneys, mortgage personnel, and outside vendors, as needed, to gather, review, and approve all needed documentation that must be cleared before closing

Ensure all loan approval requirements have been met, closing documents collected, and all information is current and valid on the Loan Approval and Lock-In. Seek any approval of changes or updates, as necessary

Send funds to attorney for disbursement, once all closing conditions are met

Provide loan disbursement authorization to attorney upon satisfactory review of needed executed closing documents

Order Fannie Mae and Freddie Mac UCDs upon loan closure

Make necessary post-closing corrections to loan files, as needed, to ensure loans are purchasable by investors and meet bank standards

Maintain a thorough knowledge of Bank products, services, policies, procedures and appropriate regulatory issues as related to daily job functions including but not limited to: Bank Secrecy Act; Privacy Act; Fair Lending Act; Regulation E, etc. Complete required compliance training and adhere to the Bank’s standard of conduct

Perform other duties as assigned

Participation in the bank’s High-Performance Rewards Connections program

Make referrals to the Mortgage Center and Wealth Management