- Featured in:
-
More Mortgage Closer Resumes
Use these Mortgage Closer samples as a guideline or visit our extensive library of customizable free resume templates.
Select
Customize
Download
Find out what is the best resume for you in our Ultimate Resume Format Guide.
Additional Banking Resume Samples
Mortgage Closer Resume Samples
No results found
0-5 years of experience
Review final documentation and mortgage-closing packages for conventional and government loans for approval. Reviewed loan files and title commitments for document details, data completion and accuracy of loans to ensure compliance with lender guidelines are met.
- Effectively managed final steps of closing process mitigate risk and errors in order to achieve timely and efficient closings.
- Successfully identified, addressed and resolved client issue and escalations
- Served on loan-processing team that achieved a group award for increasing loan production by 12% in 2013. Attained a stellar loan-close percentage and placed in the top 20% for the region.
- Completed intensive, four-week mortgage-closer training program covering conventional HARP, FHLMC, FNMA and other loan programs as well as loan-processing software.
0-5 years of experience
Competently managed and closed all assigned loans, enabling fast closings that were free from errors.
- Verified that underwriter’s loan conditions are satisfied and collateral documents are signed properly.
- Reviewed and reconciled HUD settlement statements prior to closing for borrower’s information, account payoffs, home owners insurance, property taxes and other pertinent closing information.
- Created wire initiation and transmitted disbursement of funds on closed loans.
- Nominated for four Customer Service Excellence awards and was selected a winner.
- Consistently one of the top producing closers as well as a leader for customer loyalty.
0-5 years of experience
Closed and funded loans and managed a variety of conforming and Premier loans, including pipeline of 70 – 80 loans totaling $50M.
- Reconciled HUD 1 Settlement Statement, assuring compliance with lender and government regulations, maintaining high-level quality, and reducing financial risk.
- Corrected errors and confirmed accurate funding, lien payoffs, and final mortgage recording by working closely with attorneys, loan officers, and other departments.
- Achieved faster, more productive closings and significant cost reductions by conducting 8-week training and implementing closing procedures for HSBC’s India Processing Center. Collaborated with project and senior management, directing training in India and focusing on daily processes.
- Strategized and implemented necessary changes into processes according to federal regulations, maintaining compliance by keeping staff training up-to-date.
- Selected by management to work on system testing and implementation of updates as required, supporting business and strategic initiatives.
- Increased departmental productivity and helped reduce risk and defects by effectively training new hires on the closing and funding process.
0-5 years of experience
Ensured that the mortgage as a whole met all the mortgage compliance regulations
- Created all the closing documents on behalf of the lender and ensured that the documentation met government compliance standards
- Managed client services by scheduling the closing between the borrower and the closing agent assuring quality customer service
- Reviewed funding packages, calculated fees and arranged for the disbursement of loan funds
- Prepared loan data for entry using Integra software
0-5 years of experience
Accountable for timely audits with excellent quality, engaged in communication with customer and peers setting expectations of closing and money transactions.
- Interpreted borrower’s income and assets to satisfy loan conditions and requirements.
- Analyzed legal documentation to resolve any state specific guidelines out of order.
- Reviewed, approved and balanced the HUD-1A Settlement Statement.
- Determined and managed the loans wire amount for funding authorization.
- Attentively audited signed funding documentation to ensure funding requirements are met
0-5 years of experience
Rrepared closing instructions and documents for the title company.
- Reviewed title work for accurancy and irregularities.
- Reviewed and approved HUD’s.
- Reviewed closing docoments and clear funding conditions for disbursement.
- Balanced Wires to title companies for disbursement without any rework required.
- Performed amoung the top producers while keeping my quality in line, completed 153 closing with a average quaility score of 96.43% for the year.
- Exceeded expectations with no Monetary Losses for Chase.
- Exceeded expectations on post doc and pre fund review with scores at least 95.01 to 100 percent on QA scores.
0-5 years of experience
Drafted legal documents as related to mortgage originations and examined executed document for accuracy
- Analyzed and reviewed HUD-1 statements
- Functioned as the Quality Control component of the loan origination process
- Communicated, negotiated and resolved issues between attorneys, title agencies and customers
- Maintained strict compliance with federal and state regulations
0-5 years of experience
Promoted to Mortgage Quality Specialist (MQS) as a result of excellent performance, ensuring data integrity and compliance on all loans.
- Completed GFE Comparison and TIL audits for company to comply with investor regulation.
- Answered high volume, multi-line phone system in a professional and timely matter that delivered high quality service to clients.
- Coordinated inventory of office supplies and maintained office equipment that ensured required materials and equipment were available when needed.
- Managed incoming/outgoing mail and packages in accordance with company policy and procedure.
0-5 years of experience
Prepared an average of 10 files per day for loan closings for wholesale mortgage lending department.
- Calculated escrows and aggregate adjustments. Ensured loans did not surpass high cost guidelines and that all underwriting conditions were satisfied and in the file.
- Reviewed title commitments, surveys, inspections, insurance, and property tax info and resolved any issues.
- Handled in- and out- bound calls from title companies, brokers, closing agents and attorneys to update them on status of docs or corrections needed on loan documents.
0-5 years of experience
Assisted in the administrative tasks associated with mortgage loan files and loan documents.
- Prepared initial loan disclosures and generated mortgage loan documents for closing.
- Completed HUD validations and wire transfer setup.
- Verified accuracy and consistency of document specifications such as title abstracts and insurance forms.
- Communicated effectively with borrowers, real estate agents and attorney/staff on loan/closing status.
- Identified and mitigated risks associated with bank mortgage operation.
- Ensured compliance with mortgage code of Business Conduct and Ethics.
0-5 years of experience
Handled the tasks of Preparing Note, Mortgage and Truth in Lending disclosures(TIL)
- Performed the work of calculating aggregate escrow as well as prepared appropriate disclosures and documents necessary for closing
- Responsible for reviewing Title Commitments, Hazard Binders, HUD Documents, Good Faith Estimates(GFE’s) and all other imperative documents involved in streamlining the loan pipeline
- Performed the tasks of solving issues that might arise at closing or before closing
- Responsible for assisting with post-closing communication in closing as well as corrected mistakes made in documentation by the title company at the time of closing
- Maintained accuracy of all closing screens in computer before funding the loan
- Handled loans in all 50 states(majority of loans were Mid-West states; Illinois, Minnesota, and Wisconsin)
0-5 years of experience
Responsible for conventional, FHA, VA loan closing packages to make sure they meet compliance issues and corrected any compliance issues
- Reviewed Settlement Statements for accuracy and provided funding numbers, Performed Giwi Audit
- Organized and shipped closing files
- Commended for keeping error rate under 2.0%, saved
- Creating documents using Dynatek, Outlook, Microsoft Word and used Windows XP Professional operating systems, Microsoft Access, Excel and LPS
- Our branch office permanently closed in February of 2007
0-5 years of experience
Received month-to-month recognition for consistently exceeding production goals while providing a high-level of customer satisfaction.
- Reviewed mortgage loan closing documents for accuracy of information.
- Successfully communicated with title companies, attorneys and brokers about loan status and any needed documentation.
- Expertise in understanding title work for the property and in relation to legal matters, ensuring title is free of encumbrances and understands the complex process that is necessary to complete the settlement.
- Ensured that all preliminary HUD’s are accurately done in compliance with Federal and proprietary guidelines.
- Experienced with DU and LP findings, ensured that required conditions were met.
- Obtained, reviewed and approved primary closing documents on all refinance loan closings prior to funding.
0-5 years of experience
- Evaluated and examine transactions to ensure accuracy and completeness
- Prepared formal reports for review and ensures all documents are consistent and upholds company and industry guidelines
- Implemented fraud detection techniques and identifies red flags
- Performed compliance reviews
- Assisted with re-negotiations appropriate decisions and explains rationale behind credit decision
10+ years of experience
Completed all the closing paperwork on behalf of the lender to send to the title insurance company or the real estate attorney to complete the closings.
- Prepared and reviewed loan documents for accuracy & eliminate any closing issues
- Applied knowledge of Conventional, FHA, VA, USDA, Bond & Construction loan types to better help clients understand how the program works
- Authorized wire transfers of up to $ 1,500,000 to aide in the timely disbursing of loans.
0-5 years of experience
Prepared final documentation and mortgage- closing packages for VA government loans.
- Reviewed title commitments and loan files.
- Coordinated with buyers, sellers, title companies, attorneys, escrow agents, surveyors and real estate agents to complete loan submissions and scheduled closing dates.
- Managed and closed all assigned loans, enabling fast closings that were error free.
0-5 years of experience
Wholesale Mortgage Closer/Funder
- Reviewed mortgage loan information on FHA, VA, conventional, and construction loans, focusing on providing accurate closing documents.
- Balanced settlement statements for FHA, VA, conventional, and construction loans, reviewed signed documents for accuracy, initiated wire transfers, and participated in post-closing activities in accordance with RESPA 2010 regulations.
- Trained new employees on basic closing operations.
- Began as a temporary employee with Aerotek Professional Services, and was hired as a permanent employee.
0-5 years of experience
Responsible for document preparation, interaction with title settlement agents for proper HUD-1
preparation and fee discrepancies.
- Proficient with the various program guidelines and investor requirements.
- Prepared funding application and wire to be delivered to title company.
- Communicated to the client the required conditions and perform cash to close call and set closing
- Alert Loan Officers/Processors of outstanding funding conditions.
0-5 years of experience
Reviewed applications for refinance of mortgage
- Investigated credit and cleared title of any judgment with attorney’s etc.
- Prepared quick claim deeds, deed of trust prepared documents and reviewed divorce documents
- Cleared vesting issues revised title commitments and communicated with other title companies
- Prepared letters for release of mortgage to banks and communicated daily with Loan Processors assigned closing duties including reviewing loan files for proper completion of the pre-closing process, preliminary title reports and other loan documentation.
0-5 years of experience
Prepared closing documents for conventional, FHA, VA, and USDA mortgages for all states, including NJ BOND loans and NY CEMA packages.
- Responsible for reviewing title insurance, homeowners and flood policies and HUD 1 settlement statements for accuracy.
- Scheduled and coordinated closing with attorneys and title companies
- Responsible for training new hires.
- At the request of upper management, created a Closing Training Manual comprehensive to employees with little or no experience and carried out all training required.
- At the request of Upper Management created a reference guide out-lining the top commonly made Closing errors and how to avoid them, thus avoiding potentially millions of dollars in penalties
0-5 years of experience
Closed up to 100+ loans per month
- Prepare closing packages and deliver to closing agents in a timely manner
- Work with Customer Account Managers regarding rush closing and broker concerns
- Coordinated with the closing agent to ensure an accurate HUD-1 settlement statement
- Reviewed fully executed closing documents for accuracy and authorized to disbursed
- Completed high cost testing on both the Federal and State levels to ensure within compliance
- Closed loans within compliance with TILA, RESPA and FHA /HUD Guide lines
0-5 years of experience
Managed final documentation closing packages for conventional and government loans. Reviewed loan files and title commitments to ensure loans were ready to close.
- Delivered complete, accurate loan documentation packages within compliance of all laws and regulations.
- Gathered closing figures, input closing information, and generated loan documentation.
- Coordinated with buyers, sellers, attorneys, escrow agents, and real estate agents to complete loan submissions and set up closing dates and times.
0-5 years of experience
Coordinate Monthly Mortgage Loan closings for 6 loan officers.
- Efficiently collect items from the Underwriter, Title, Processor, required for a Clear to close to be issued.
- Efficiently and accurately create and draw docs from 3 Mortgage doc systems. Doc Magic, Doc Express and Encompass.
- Educated and proficient in Reg Z requirements RESPA, HOEPA and compliance guidelines for VA, FHA, USDA, Conventional mortgage loan programs.
- Review fully executed Mortgage docs, issue the wire, or make the deposit and approve for funding.
- Coordinate any Escrow Holdbacks with Title, Underwriting, and including the Loan Officer according to Bank policy and approve funding once the work has been satisfactorily completed and the final Inspection has been performed with a complete / satisfactory rating.
0-5 years of experience
Ensured a seamless Mortgage settlement for customers with new home purchases and refinances.
- Audited files to make sure it conformed to the Company’s policy and make any corrections that were necessary for the Mortgage to go to settlement.
- Prepared mortgage instructions for Lawyers and Title Companies to prepare the HUD 1 settlement statement.
- Reviewed all HUD-1 settlement statements from Lawyers and Title companies for accurate and correct settlement fees.
- Prepared mortgage documents and submitted to Lawyers and title companies for settlement.
0-5 years of experience
Close monthly pipeline of 40-60 mortgage loans 48 hours prior to closing date. Review documents, including: Title commitment, tax certificate, homeowner’s insurance declaration, flood certificate, credit report, VVOE and appraisal. Deliver error-free documentation, ensuring compliance with company policies and regulatory requirements.
- Received Star Award from site manager recognizing quality customer service and performance.
- Complete loans with 95% quality
- Effectively resolved escalated closing issues prior, during and after closing.
- Highly efficient in review of mortgage rates, points, expiration date, MDIA and RESPA Guidelines.
- Communicated with loan officers, title companies and attorney’s office to ensure accurate and complete documents prior to closing and deliver superior customer service.
- Perform quality control call back and transmit/disburse closing funds.
0-5 years of experience
Prepared and sent loan closing packages (conventional, FHA, VA, USDA, State Housing, FHLBank Atlanta, construction-permanent and renovation loans)
- Reviewed and approved HUDs from settlement agents
- Examined title work for accuracy of information as well as deficiencies that would effect the loan/lien position
- Prepared and submitted loans to management for funding
- Cross-trained in construction loan department (including the of process of issuing draws, requesting and reviewing property inspections and paying vendors)
6-10 years of experience
- Coordinated Closings of residential home loans. Utilized computer system specifically designed for the industry AS400, Edge, IPortal. Professional contact with Borrowers, Attorney’s and Loan Officers. Coordinated the closings of all loans adhering to product guidelines.
- Managed Four Closers and Responsible for meeting deadlines, auditing of closings for accuracy and Company compliance.
- Earned several Global Recognition Awards for Customer Service and Company Compliance.
0-5 years of experience
- Prepared mortgage package for conventional, FHA, VA, and State Bond financed closings
- Handled high volume operations; Awarded numerous monthly bonuses
- Coordinated scheduling with Title companies and borrowers
- Reviewed Title commitments and appraisals for any preclosing issues
- Interacted with title companies, processors, and loan officers to resolve any closing problems
- Assisted with any post closing matters
0-5 years of experience
Was responsible for contacting Closing attorneys and banks to verify all information on the loan documentation was accurate. This included reviewing the HUD statement, Deed, Title, Insurance Binder and Wire amount.
- Entered the confirmed information into the mortgage application, produced the closing documentation, and mailed to the Closing attorney
- Wired the funds for the closing to the closing attorney’s bank account
- Reviewed applications for personal account opening requests received through various channels and verified that all information on the applications were correct
- Verified that the potential customer was not on the Fraud List by accessing Chex Systems and the N.C.P.S system
- Verified that all documentation was complete and that the account was able to be opened
0-5 years of experience
Close loans under strict deadlines and time constraints while maintaining a 100% accuracy average and a part of the elite PQA Graduate Program
- Analyze HUD-1 Settlement Statements
- Send closing documentation to closing investors
- Prepare and approve wire request for mortgage loan funding
- Ensure Underwriter approval conditions are satisfied and fall within federal lending guidelines
6-10 years of experience
Mortgage Closer
- Scheduled loan closings through the originators and borrowers
- Prepared closing documents for all types of loans
- Ordered funds on all loans, reviewed Hud-1’s and closing conditions
- Prepared closing packages for all types of loans
- Worked with closing attorneys and title companies to ensure a smooth, accurate process
0-5 years of experience
Thoroughly and efficiently reviewed documentation, verifying borrower data accuracy and confirming interest rates.
- Effectively worked with title companies, ensuring consistently smooth, efficient closings.
- Prepared loan closing documents and delivered to title company.
- Prepared wire transfer or prepared cashier’s check for funding of mortgage loan.
- Analyzed, verified, and posted transactions to journals, ledgers, and other records.
0-5 years of experience
Reviewed title, homeowner’s condo, flood, hazard insurance policies for accuracy; verifying sellers, borrowers and lenders information is current and correct.
- Electronically delivered closing instructions to settlement agents within two hours of file receipt.
- Delivered closing document package to settlement agent through secure email, received and reviewed critical funding documentation, clearing deficiencies and wiring funds.
- Performed loan data entry and forwarded closing packages within adequate time frames to ensure excellent customer service.
- Worked with title companies to ensure adherence to mortgage policies and procedures and handled post-closing problems.
- Adherence to wire cut-off times, clearing branch conditions, timely delivery of closed loan files to shipping, and specialized in review of funding documents received by title agents.
- Drew Settlement Statement figures and wired funds while ensuring quality, accuracy of closing fees and proper conditions were met.
- Reviewed approved mortgage loans to determine that prior to loan closing that all conditions were met; such as the purchase of private mortgage insurance.
0-5 years of experience
Coordinated home loan closings for conventional mortgages (purchase and refinance)
- Closed approximately 30 loans monthly, serving as liaison between closing companies and borrowers
- Ensured settlement documents were prepared properly
- Worked with underwriters and processors to meet investor, bank and government guidelines
0-5 years of experience
Worked in a team environment to close loans and support the necessary team functions. Closed 35-60 loans per month, depending on volume. Error ratio 0.00 % per month.
- Responsible for validating that closing conditions have been met and for inputting loan information into Citi’s proprietary software so the loan documents may be prepared with proper escrow information and fees (within investor / regulatory guidelines).
- Worked directly with the vendor to secure the final HUD; ensuring funds are requested timely.
- Point of contact for the client to ensure they are aware of any closing conditions, which includes any cash to close etc.
- Responsible for ensuring timely delivery and communication between both the vendor and the client to avoid any delays or issues with the closing.
- Maintained the highest possible standard of customer service while supporting the team goals while ensuring compliance to all Citi policies.
0-5 years of experience
Supported daily office operations of Area Director, Operations Manager, Loan Officers and Operations Staff.
- Verified all closing conditions listed were complete
- Completed the processing of numerous closing packages at the same time to coincide with most current closing date scheduled
- Confirmed anticipated closing date and times were met
- Conducted reviews of the final HUD-1 with title companies and issued final approval
- Processed final approval of wiring funds to title companies
- Updated homeowner’s insurance policy verifying all information was current and correct
- Performed duties of administrative assistant, such as, answering telephones, faxing, copying, greeting visitors
- Completed required training as needed on schedule
0-5 years of experience
ISGN (formerly [company name]), CT
- Prepared closing documents for title companies/settlement agents.
- Verified accuracy and consistency of specifications on documents (title abstract and insurance)
- Reviewed and approved HUD-1 Settlement Statements; Reviewed HUD-1 with all borrowers.
- Ensured quality and compliance of work with company policies and procedures and lender guidelines.
- Verified and prepared wire transfers as well as verified loan amounts, fees, rates, discount points, broker
- Prepared lender cures and other additional wire transfers applicable.
0-5 years of experience
Review and approve the title commitment and HUD-1 Settlement Statement on Conventional refinance and Conventional purchase loans.
- While reviewing accounts closely for processing following appropriate FHA/VA/Convi/ Refi/Purchase loan requirements and guidelines.
- Initiate the necessary wiring of funds and confirm the closing conditions.
- Trained and managed new closers and was a SME in all loan types handled by my department.
0-5 years of experience
Required to schedule 5 closings a day, send out at least 6 packages a day, and answer incoming calls at your scheduled time every day.
- Responsible for ordering appraisals, titles, subordinations, payoffs, title releases, and review all the information. Used systems like Edge, AS400, LPS and LIS daily.
- Ensured compliance was up to par with federal and state regulations, which included right of recession, flood insurance, and many other policies and procedures.
- Responsible for keeping your pipeline organized every week in respect to closing dates, loans to be funded and loans with certain issues.
0-5 years of experience
- Reviewed HUD-1 for accuracy against closing instructions to set-up funding
- Performed FHA defect report review and correction
- Post-Closing duties to include document review for accuracy and completion
- Acquire necessary information to input data into Closer software system
- Trained and mentored new employees on Post-Closing duties and funding review
6-10 years of experience
- Prepared and funded mortgage closing packages
- Prepared mortgage loan setups
- Reviewed mortgage closing packages for accuracy before file is given to the Shipping Department
- Corrected post closing issues
- Created custom word documents and print groups on Easylender which allowed the department to cut the preparation time of closing packages in half
- Created training closing packages for each type of loan Park National Bank offered (ie: Conventional, FHA, VA, Living Trust, Land Trust)
6-10 years of experience
- Manage daily two regions at the nation’s top organized community financial bank.
- Processing closing packages and implementing wires to the attorney’s accounts.
- Develop mortgage closing knowledge in the areas of building answers to solve challenges and conversation with attorneys and MLO’s.
- Trained employees on wiring funds on blue zone, multi-task, arrange priorities, and to be efficient with sending out closing packages.
- Update all databases required in a timely manner. Always learning new programs every month.
0-5 years of experience
Analyze, prepare and approve refinance applications with turn-around time two to four days before closing.
- Review, finalize and approve on an average of fifty Purchase and Refinanced loan documents for fee compliance with state and federal guidelines.
- Successfully provide expedient services cited for rush closing and approval on some of the most challenging loan applications
- Forward approval packages to preferred Title Companies and Attorney Offices upon approval.
- Review title and trust documents for accuracy and ensure that closing packages are prepared in accordance to property ownership.
- Communicate with Brokers, Closing Agents and Attorneys providing resolution to unexpected closing concerns and requests
0-5 years of experience
Verify all information in the files is accurate and complete. Review all underwriting conditions.
- Select and prepare mortgage loan closing documents for Branches and Title Companies.
- Verify HUD 1 settlement statement is correct.
- Upon receipt of documents, perform a final review to ensure all documents are executed correctly.
- Work with Branches and Title companies to ensure a positive member experience.
- Back up funders during vacation time.
0-5 years of experience
- Reviewed loan file to verify procedures per guidelines
- Made intro call to verify loan details and requested additional documentation if necessary
- Reviewed all documents retrieved against those requested, analyzed for accuracy and/or errors
- Managed pipeline of loans within required performance standards within closing and rate lock expiration time frame
- Maintained monthly performance measurements: Timeliness, production goals, suspense, compliance/regulatory, and customer satisfaction
- Guaranteed on time closing by completing all required pre-closing steps
- Prepared and verified closing documents during the completion of the transactions
0-5 years of experience
Meeting personal/team quotas by closing loans, including purchases and refinances.
- Maintained the highest standard of customer service, while ensuring compliance to [company name]’s policies and procedures, as well as RESPA regulations.
- Responsible for validating that closing conditions have been met and verifying supporting documentation is collected/available prior to signing.
- Inputting accurate loan information into the system to insure loan documents are prepared with proper escrow information and fees.
- Work directly with vendors to follow up on the final HUD and ensure funds are requested/submitted in a timely manner.
- Work with the clients to ensure they are aware of closing conditions, such as any cash to close, or special documentation required providing the desired loan.
- Responsible for communication between both vendors and clients to avoid any delays or issues with the closing.
6-10 years of experience
Schedule closings to include all arrangements and complete closing package preparation
- Reviewed title binders and HUD 1 settlement statements from the title companies
- Responsible for all correspondence and communication with Members & Title Companies
- Disburse loans on funding date to include Funding transfer preparations and execution
- Responsible for compliance measures related to post closing files, Freddie Mac Files, audits, etc.
- Active member of the taskforce for ISSP for Apple FCU
6-10 years of experience
Responsible for loan closing documentation: Conventional, VA, FHA, Bond Products
- Audit loan files to ensure loan closes in accordance with policies and procedures.
- Coordinate and prepare closing statements.
- Directly working with title and hazard insurance companies, escrow agents, branches and borrowers
- Review closing statements with borrowers which includes escrows, payments & rates
- Order wires, review documentation for funding, authorize disbursement & funding of loans
0-5 years of experience
- Manage pipeline for various functions from start to finish and escalate within team on issues impacting closing.
- Prepare final documentation and mortgage-closing packages for conventional, government and home-equity loans for borrower’s loan closing.
- Review loan files and title commitments to ensure loans are ready to close including final audit for HUD-1 settlement statement.
- Competently manage and closed all assigned loans, enabling fast closings that are free from errors and issues.
- Gather closing information, input closing information and generated loan documentation.
0-5 years of experience
- Prepare mortgage closing packages for purchase and refinance transactions.
- Proficient in closing FHA, FHA203k, VA, Bond and Conventional financing
- Review Final GFE and final HUD1/Settlement Statement for RESPA compliance and applicable agency guidelines
- Review Funding Docs for accuracy and issue funding authorization
- Prepare file for post closing; confirm all documents are in compliance with guidelines
- Extensive customer service with closings agents, loan officers and borrowers.
Mortgage Closer Duties and Responsibilities
To accomplish their primary goal of preparing clients to close on a mortgage loan, Mortgage Closers perform many tasks. We analyzed several job listings to identify these core Mortgage Closer duties and responsibilities.
Prepare Closing Documents Mortgage Closers are responsible for preparing all loan-closing documents, and ensuring that they are accurate in order to have a fully compliant mortgage loan. They carefully review all documents for any errors, and confirm that pricing and program are correct to insure loan will be funded.
Act as Point of Contact Mortgage Closers are the intermediaries between all parties in a real estate closing transaction. They communicate with applicants, attorneys, closing agents, and vendors to answer questions and resolve any issues. They communicate with title companies to gather all necessary information for accurate document preparation, and coordinate delivery of the documents before closing.
Coordinate Closings Mortgage Closers coordinate the smooth running of the loan closing proceedings and ensure all loans are closed in a timely manner. They communicate with the Title Company to set up a closing schedule, and then communicate that schedule to the borrower and help prepare them for the closing. At the closing, they deal with all parties involved to resolve any problems.
Ensure Compliance Mortgage Closers review all closing details to ensure compliance with state and federal regulations. They also make sure that all terms of the loan are met. They work with borrows and title companies on any outstanding closing conditions required to fund the loan.
Mortgage Closer Skills Detail-oriented and extremely well organized, a successful Mortgage Closer is a meticulous and focused analytical thinker. They have both strong business acumen and excellent communication and conflict-resolution skills. In addition to these general skills and personality traits, employers are seeking Mortgage Closer candidates with the following skills.
Core skills: Based on job listings we looked at, employers want Mortgage Closers with these core skills. If you want to work as a Mortgage Closer, focus on the following.
- Strong oral and written communication skills, with a customer-service focus
- Excellent time-management skills
- Basic computer skills
- Mortgage industry experience
- Ability to make independent judgment calls based on knowledge of federal and state regulatory requirements
- Advanced math and calculation skills
Advanced skills: While most employers did not require the following skills, multiple job listings included them as preferred. Add these to your Mortgage Closer toolbox and broaden your career options.
- Pipeline Management experience
- Ability to generate reports
- Experience processing or closing home mortgage loan products, including data analysis and validation
Mortgage Closer Resources
We searched the Web to find the best industry resources to help you continue exploring a career as a Mortgage Closer. From thought leaders to industry groups, this list is packed with opportunities to learn, connect and engage. On the Web
The Hardcore Closer – Ryan Stewman, the ‘Hardcore Closer,’ writes about tricks and trips to becoming a better Mortgage Closer, and offers free online training.
The Mortgage Reports – Keep current on the latest news in real estate and mortgage loans.
The Truth about Mortgage – A helpful blog with tons of advice, tips and a mortgage dictionary to help you better understand key mortgage terms. On LinkedIn
Mortgage Professionals – Join in the discussion with almost 50,000 other members who work in the mortgage industry.
Mortgage Professionals Network – Network and job hunt with 38,000 professionals in the business. Industry Groups
National Association of Mortgage Professionals (NAMB) – Provides professional listings, job leads, networking, training opportunities, and industry events for mortgage professionals.
National Association of Mortgage Processors (NAMP) – Offers certifications that can help advance the career of Mortgage Closers. Mortgage Closer Books
Glossary of Terms for Title Closers and Mortgage Notaries – A handy guide to the slew of terms that Mortgage Closers should familiarize themselves with.
The Mortgage Encyclopedia: The Authoritative Guide to Mortgage Programs, Practices, Prices and Pitfalls, Second Edition – Everything you need to know to get started in a career as a mortgage professional.
Rate This Article
Mortgage Closer
Last edited by: Gabriela Barcenas, CONTENT STRATEGIST -
Gabriela Barcenas
CONTENT STRATEGISTGabriela is a Certified Professional Resume Writer (CPRW) and career adviser. With 10 years of digital media experience and five years of resume writing expertise, her publication history includes fashion, education, travel, social justice, equitable design and career advice.
