Loan Closer

AI overview

Support the Texas team by managing the closing process, ensuring compliance with regulations, and maintaining quality standards in funding packages.

 

CMG Home Loans is hiring an experienced Mortgage Closer to support our Texas team. They are responsible for following all processes and procedures for the closing functions. Responsible for assembling, preparing, and reviewing/verifying documents for a loan closing while ensuring all applicable state, federal, and regulatory requirements are met.


Essential Duties and Responsibilities:

  • Maintains current knowledge of policies and procedures as they relate to documents, funding, insuring, and post-closing requirements.
  • Prepares/reviews daily reports and monitors workflow and turn times.
  • Interfaces with warehouse and post-closing teams to ensure quality of funding packages.
  • Draw loan docs, fund, or ship loans.
  • Working knowledge of TRID and experience in Closing Disclosure preparation.
  • Communicate with Processors, Loan Officers, Escrow Officers and Settlement Agents to keep them updated throughout the closing process and close loans in a timely manner.
  • Draw mortgage closing documents for wet and dry state loans.
  • Meet production and quality standards consistently.

 

Qualifications and Experience:

  • Requires 3+ years of Retail closing experience.
  • Familiarity with reading and interpreting insurance policies, title reports, appraisals and settlement statements.
  • Strong knowledge of mortgage banking industry.
  • Working knowledge of industry regulations.
  • Experience with BYTE preferred.
  • Proficient with Microsoft Word, Excel, and Outlook systems.
  • Ability to work in a fast paced, fluid environment.
  • Strong communication, interpersonal and organizational skills.
  • Proven leadership skills with ability to motivate subordinates.
  • High level of integrity and confidentiality required.

 

 

SUPERVISORY RESPONSIBILITIES: Direct Reports: No

 

PHYSICAL and ENVIRONMENTAL CONDITIONS:

This role operates in an ADA compliant office environment, utilizing typical office equipment and tasks including computer work. The position may involve partial stationary positions and moving throughout the day. Flexibility to work overtime to meet project deadlines is required.

 

Base Salary Information: 
CMG pays a competitive salary which ranges from $55,000 - $65,000 plus bonus. Factors that affect base salary may include Retail Closing experience, overall knowledge of mortgage closing, number of years worked in mortgage industry, computer skills, customer service experience specific to working with mortgage lenders, and education.

 

Salary
$55,000 – $65,000 per year
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