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Mortgage Loan Closer

Southington, CT 06489

Posted: 11/04/2024 Industry: Accounting/Finance Job Number: JF4291071028 Pay Rate: $23 / hour

Job Description

Lighthouse Professional Services a division of Staffing 360 Solutions group, is proud to be a “Best in Staffing 2023” award winner. We have over 50 years of experience placing people with small and global companies. Our offices in New York, Connecticut, and Massachusetts serve clients nationwide.  We are currently seeking a Mortgage Loan Closer for a client in Southington, CT.  This position will be Onsite 5 Days
Duration: 6-12 Month potential Contract to Hire
Location: Southington, CTPay Rate: $23 per hour
 DESCRIPTION: Seeking an experienced Mortgage Loan closer to coordinate all phases of loan closings. The Closer’s responsibilities include reviewing loan data, completing missing or correcting erroneous data and reviewing info submitted by the loan officer, processors, and underwriter. The Closer will communicate with internal associates, closing agents and all parties involved in the transaction ensuring that all closing documentation is complete, accurate and in compliance with all applicable regulatory agencies.Responsibilities:
  • Review and complete loan data in LOS (Loan Origination System: PowerLender)
  • Prepare, review and deliver loan closing packages to closing agents.
  • Manage and resolve problems or issues that arise with loan documentation.
  • Act as an intermediary between all parties involved in the loan transaction.
  • Ensure closing complies with all corporate, state, federal and agency guidelines.
  • Coordinate loan closing proceeds and ensure disbursed as required.
  • Perform and generate compliance test.
  • Prepare draft settlement statement.
  • Reviews file documentation for accuracy per guidelines and investor requirements.
  • Coordinates and prepares documents necessary to take mortgage loans from the approval to closing (CD, Mortgage, Note, Final TIL, title work, homeowners insurance, flood insurance, payoff letters).
  • Working closely with the processing department and title companies.
  • Assist with clearing conditions on suspended files.
  • Maintain a production queue of mortgage loans.
  • Coordinate loans with MBOs, LOs and 3rd party vendor to close within credit document expiration and rate lock expiration dates.
  • Review all pre-closing documentation, including but not limited to title commitment, homeowners, and flood insurance policies.
  • Ability to review and understand elements of property appraisals.
  • Obtain verification of employments.
  • Image all documents to our system of record
  • Perform other duties as may be required

 Qualified candidates are encouraged to apply immediately!
 Please include a clean copy of your resume, salary expectations and any references.
#LP360

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About Southington, CT

Ready to take the next step in your career? Explore our job opportunities in the picturesque town of Southington, Connecticut! Nestled in the heart of New England, Southington boasts a perfect blend of small-town charm and big-city convenience. Known for its vibrant community, stunning parks like the Mount Southington ski area, and cultural attractions like the Barnes Museum and the Southington Drive-In, this area offers endless growth prospects for job seekers. Indulge in the local cuisine at charming eateries like Ideal Tavern and the Pepper Pot, catch a show at the historic Southington Community Cultural Arts center, or cheer on the Blue Knights at Southington High School's sporting events. Embrace the unique culture and undeniable allure of Southington while exploring our exciting job opportunities today!