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IBC Bank · 5 days ago

Mortgage Closer-Funder II

Austin, TX

Full-time

Onsite

Mid, Senior Level

3+ years exp

IBC Bank is a company dedicated to the growth and success of its employees, customers, and communities. They are seeking a Mortgage Closer-Funder II to ensure all closing packages comply with various guidelines and regulations, while also coordinating closing details and communicating effectively with borrowers and agents.

BankingFinancial ServicesInsuranceMortgageVenture Capital

Responsibilities

Reviews loan approval, rate lock, appraisal, title work, insurance, flood certificate, survey, and payoffs for validity

Verifies county recording fees

Reconciles source documents to data contained within LOS

Prepares closing disclosures for management and borrower review

Sends and track specific documents electronically to borrowers based on TRID timing rules

Communicates with the borrower and or Closing Agent to set expectations for closing and confirm important details

Coordinates closing date and time with all applicable parties

Orders closing packages from doc prep attorneys specific to loan type

Reviews documents for accuracy

Balances Closing Disclosure (CD) with the title company and issue approval

Delivers closing documents to title company via secure methods

Ensures all closing and funding conditions are satisfied

Reviews executed documents for completeness and accuracy

Requests and prepare wires

Issues funding authorization

Maintains real time loan status within LOS

Communicates details with borrowers, title companies, vendors, and internal staff throughout the process

Assists with investor conditions and post-closing functions

Ensures customer privacy, security of files, and appropriate staff access

Assists Closing Manager in identifying process improvement needs and providing support to the training team to develop any necessary training required for such improvement (s)

Mentors individual closers for questions and/or assistance they may require for loans, systems, or process-related items. Assists with escalations, priority requests, and staging needs

Trains new Closers

Functions as a team lead

Performs other related duties as assigned

Qualification

Mortgage forms knowledgeMortgage terminology knowledgeFederalState regulationsEncompassSimilar systemsNotary commissionAttention to detailEffective communicationTeam playerTime managementOrganizational skills

Required

All closing packages must comply with Federal, State, Investor, Secondary, and IBC guidelines and regulations

Reviews loan approval, rate lock, appraisal, title work, insurance, flood certificate, survey, and payoffs for validity

Verifies county recording fees

Reconciles source documents to data contained within LOS

Prepares closing disclosures for management and borrower review

Sends and track specific documents electronically to borrowers based on TRID timing rules

Communicates with the borrower and or Closing Agent to set expectations for closing and confirm important details

Coordinates closing date and time with all applicable parties

Orders closing packages from doc prep attorneys specific to loan type

Reviews documents for accuracy

Balances Closing Disclosure (CD) with the title company and issue approval

Delivers closing documents to title company via secure methods

Ensures all closing and funding conditions are satisfied

Reviews executed documents for completeness and accuracy

Requests and prepare wires

Issues funding authorization

Maintains real time loan status within LOS

Communicates details with borrowers, title companies, vendors, and internal staff throughout the process

Assists with investor conditions and post-closing functions

Ensures customer privacy, security of files, and appropriate staff access

Assists Closing Manager in identifying process improvement needs and providing support to the training team to develop any necessary training required for such improvement (s)

Mentors individual closers for questions and/or assistance they may require for loans, systems, or process-related items

Assists with escalations, priority requests, and staging needs

Trains new Closers

Functions as a team lead

Performs other related duties as assigned

Strong attention to detail and possess good math skills

Work independently with minimal management oversight

Must communicate effectively over the telephone

Must be professional, courteous, and confident to make a good last impression on the borrower

Knowledge of mortgage forms and documents

Knowledge of mortgage terminologies like DTI, LTV, and PITI

Knowledge of FNMA, FHA, USDA, DPA, and VA guidelines