Hope Enterprise Corporation · 1 day ago
Mortgage Loan Closer
Birmingham, AL
Full-time
Hybrid
Entry, Mid Level
2+ years expHope Enterprise Corporation provides financial services to strengthen the financial health of under-resourced communities. The Mortgage Loan Closer is responsible for closing, funding, and reviewing residential mortgage loans in accordance with loan approval terms and conditions.
CommunitiesFinancial ServicesNon Profit
No H1B
U.S. Citizen Only
Responsibilities
Ensure closing packages are completed within TRID guidelines
Ensure accuracy of documents received before completion of CD
Provide Accounting Department a Daily Cash Sheet for forecast of funding/purchasing of loans
Review file for underwriting instructions, title commitment, flood certification, hazard insurance coverage, flood insurance coverage, clearance of termite, and BSA compliance
Prepare documentation required for residential mortgage, grant, and bond closings
Provide closing documents to closing agent
Review HUD-1 for approval
Wire funds to closing agent upon approval
Upon receipt of completed closing package from closing agent, review loan documentation
Log receipt of closing package and delivery to servicing
Notify closing agent if there are errors in retail loan closing package
Notify correspondent lender of outstanding conditions on wholesale loans
Perform a full review of files received for purchase from correspondent lenders for underwriting conditions and for proper closing of loans
Communicate with correspondent lender for any outstanding conditions on files received for purchase
Follow-up on post-closing items in a timely fashion
Provide excellent internal and external customer service
Provide month-end closing report
Perform general administrative duties such as attending meetings, report production, etc
Assist Loan Specialist in review process
Assist other departments as a Mortgage Loan Closer
Assist in review and response of Quality Control Audits
Work with other departments when needed on projects related to the mission of ECD/HOPE
Qualification
Required
Bachelor's degree in relevant field or equivalent experience
Two years of experience in residential mortgage loan documentation and closing
Demonstrated strength in ability to manage multiple projects at once while maintaining appropriate attention to details
Company
Hope Enterprise Corporation
Hope Enterprise Corporation provides community lending, small business financing, housing support, and financial services.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Bill Bynum
CEO
Cassandra Williams
Executive Vice President, Chief Program Officer
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