Job Title:Loan Specialist (Mortgage)
Duration: 6+ Months
Location: St. Petersburg, FL
Working Model: hybrid role onsite 3 days per week WFH 2 days per week
Pay Rate::$20-$25/hr on W2

Job Summary:

• Minimum of a High School Diploma or equivalent
• MUST have experience with the Encompass system** and a minimum of 3 years of closing experience
• This person will be supporting the Mortgage Closing team in the capacity of a Mortgage Closer.
• The team consists of 5 closers
• The loans they will be handling are from the clients of Financial Advisors as well as Florida Housing Loans which come from outside consultants.

Job Duties:

• Send out closing disclosures via mail or electronically
• Once a loan gets assigned to a closer, the closer will then be responsible for filling out the various forms (i.e. Title information, customer’s demographic information, etc.)
• Reach out to Title companies to obtain closing disclosure approval
• Process funding and wiring requests
• Process bond, FHA, and VA loans

Additional Responsibilities:

• Obtains required loan documentation and may process less complex loan applications.
• Orders credit verifications and third party services.
• Tracks receipt of and reviews legal documents.
• Sets up and monitors loan and financial ticklers to ensure accuracy and timeliness of receipt of documents.
• Verifies loan files and supporting documents for accuracy and completeness.
• Follows up on missing documentation.
• Prepares and compiles documents for review and approval.
• May prepare or review for accuracy, disclosures required by relevant consumer regulations.
• May schedule or coordinate loan closings and clear for disbursement of proceeds.
• Prepares compliance and accounting records and reports, as required by management and regulatory agencies.
• May perform basic loan calculations.
• Assists customers with basic inquires or problems.
• May perform pre-closing/post-closing/due diligence review of legal agreements and other closing documents to terms of loan commitment.
• Performs other duties and responsibilities as assigned.

Skills: Must Haves - Hard Skills

• At least 3+ years of Mortgage Closing experience
• Working knowledge of TRID (TILA-Respa Integrated Disclosure) and the Closing Disclosure Timing requirements
• Experience reviewing Title commitments, Trust Agreements, and POA ("Price on Application” also known as “Price on Asking")
• Experience with Encompass required
• High sense of urgency
• Ability to meet strict deadlines
• Team player; willing to pitch in whenever / where-ever needed
• Professional at all times; clear and professional written and verbal communication skills
• Adaptable to various personality types; ability to ‘know their audience’
• Reliable; good attendance record with current / previous employers - this department is constantly busy and needs all hands on deck

Job Duties:

• Send out closing disclosures via mail or electronically
• Once a loan gets assigned to a closer, the closer will then be responsible for filling out the various forms (i.e. Title information, customer’s demographic information, etc.)
• Reach out to Title companies to obtain closing disclosure approval
• Process funding and wiring requests
• Process bond, FHA, and VA loan

Additional Responsibilities:

• Obtains required loan documentation and may process less complex loan applications.
• Orders credit verifications and third party services.
• Tracks receipt of and reviews legal documents.
• Sets up and monitors loan and financial ticklers to ensure accuracy and timeliness of receipt of documents.
• Verifies loan files and supporting documents for accuracy and completeness.
• Follows up on missing documentation.
• Prepares and compiles documents for review and approval.
• May prepare or review for accuracy, disclosures required by relevant consumer regulations.
• May schedule or coordinate loan closings and clear for disbursement of proceeds.
• Prepares compliance and accounting records and reports, as required by management and regulatory agencies.
• May perform basic loan calculations.
• Assists customers with basic inquires or problems.
• May perform pre-closing/post-closing/due diligence review of legal agreements and other closing documents to terms of loan commitment.
• Performs other duties and responsibilities as assigned