Objective: To close first mortgage loans in accordance with applicable federal/state laws as well as applicable policies and procedures. Prepare mortgage packages for delivery to settlement companies for purpose of closing on conventional, Veteran's Administration (VA) and Federal Housing Administration (FHA) mortgage products. To coordinate the closing and funding of assigned loan packages.
Description:
- Authorize release of closing packages to closing agent - Under supervision
- Determine amount to be withheld from loan proceeds, request and process internal payoffs and prepare request for loan disbursement
- Determine status of title and review mortgagees, mortgagors, manner of title and existing/proposed liens for accuracy
- Ensure credit, underwriting and property conditions have been satisfied prior to closing
- Evaluate title exceptions and determine if applicable; clear any mortgage related deficiencies within specified time period - Basic research/review
- Examine property status reports and property insurance policies for accuracy in documents and proper coverage
- Maintain contact with lawyers, settlement agents and real estate brokers regarding the status of closing package
- Monitor mortgage loan process and ensure compliance with Federal laws and secondary market practices, guidelines and regulations
- Prepare fully executed mortgage file for post-closing
- Provide closing agent with information for title binder and specifics about documents and conditions required for closing
- Review preliminary and final closing package including HUD-1 for RESPA compliance - Moderately Complex/Varied
- Review property surveys for unacceptable or uninsurable encroachments or violations
- Schedule settlement with closing agent, member, seller and realtor
- Verify completeness and accuracy of approved credit packages
- Perform other duties as assigned
Requirements:
- High School Diploma/GED (required)
- Prior banking or experience working in real estate lending and/or for a financial institution (preferred)
- 2-3 years of recent strong administrative work experience
- Proficiency with Microsoft Excel and data entry
- Must be able to work independently and exhibit qualities of high professionalism
Work Environment:
- Monday - Friday schedule
- Shifts available: 9:30am - 6:00pm EST & 11:30am - 8:00pm EST
- Must be willing to work either available shift to be considered for the opening
- Hands-on training and development
- Training held Monday - Friday 9:00am - 5:30pm EST
- Hybrid work schedule
- 2 days in office and 3 days at home
- all equipment provided
- Campus amenities included
- Room for long-term career advancement
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.