Apply on Employer Site

Guild Mortgage · 13 hours ago

Closer II

Texas, United States

Full-time

Onsite

Entry, Mid Level

$58K/yr - $58K/yr

2+ years exp

Guild Mortgage Company, a mortgage banking firm dedicated to serving homeowners since 1960, is seeking a Closer II. The role involves preparing and submitting loan closing packages for various loan types, ensuring compliance with guidelines and regulations, and managing the closing process efficiently.

Consumer LendingLendingMortgageReal Estate

Responsibilities

Verify and ensure compliance with Company policies and procedures, as well as all applicable federal, state laws, regulatory and government standards, guidelines, rules, and/or local ordinances

Review Processor input and confirm payees and zero tolerance fees with Settlement Agent

Make appropriate adjustments and approve in system; notify Processor

Forward Closing Disclosure to Settlement agent for review and approval

Review preliminary title reports to identify excluded items and necessary endorsements

Communicate loan program requirements to Processors and/or Loan Officers necessary at closing and provide status updates

Obtain all outstanding conditions to ensure timely closing and closing of the loan

Draw closing documents, issue closing funds and review closed loan packages to ensure completeness of loan documentation

Review and verify the accuracy of the final closing statements prior to closing to ensure compliance with Company, Investor, and Conventional regulations and requirements. Reconcile final figures to calculate wire amount and balance with settlement agent

Verify loan closing package complies with insurer and/or guarantor requirements and documentation

Prepare, send collateral package within Company timeframes to warehouse bank and submit banking package to Finance in accordance with required timelines

Complete comparison check of Final SASS against Final Closing Disclosure; notate any discrepancies in system comments

Scan and archive file within Company timeframes, to ensure timely delivery of loan files to investors

Obtain recording information and ensure the information is entered into the system

Promptly obtain documentation requested by investors or insuring/guaranty post-closing

Qualification

FHA loan closingConventional loan knowledgeVA loan closingMortgage lending processesData entry systemsCustomer service skillsDetail orientationMath skillsInterpersonal skillsVerbal communicationWritten communicationOrganizational skills

Required

High school diploma or equivalent required; college courses/technical training related to Business, Finance/Accounting, Legal, or related field is preferred

Total recent work experience includes two or more years' experience as a Closer for Conventional, FHA and VA loans, with at least one year experience closing FHA loans. Prior work experience may also include positions closing loans for an Escrow Company

Ability to build strong relationships with Loan Officers, production, processing, underwriting, and other internal and external partners

General knowledge of overall mortgage lending internal processes and controls, as well as federal, state, and regulatory requirements/guidelines related to consumer mortgage lending for Conventional loans

Thorough knowledge of Conventional loans, including various product/program guidelines, valid documentation requirements, necessary conditions and investor specific guidelines for closing

Thorough knowledge of valid documentation and processes required to fund and close consumer mortgages (e.g., verification of employment, CD, settlement statement etc.)

Ability to prioritize multiple tasks in a deadline-driven environment, strong sense of urgency and responsiveness

Solve problems promptly, communicate effectively with internal and external customers and work well under pressure

Excellent customer service, interpersonal, verbal and written communication skills

Intermediate math skills

Strong verbal and written communication skills

Strong detail orientation and highly organized

Prior experience using internal data entry systems, Microsoft Word, Excel and PDF/Document Retention programs