Mortgage Closer - ICDs and Doc Drawer at Summit Funding

, , United States -

Full Time

Start Date

Immediate

Expiry Date

05 Feb, 26

Salary

28.0

Posted On

07 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Closing Documents, Customer Service, Regulatory Compliance, Communication, Microsoft Office, Encompass 360, Doc Magic, Attention to Detail, Problem Solving, Time Management, Adaptability, Team Collaboration, Mortgage Loans, FHA, VA, USDA

Industry

Financial Services

Description

Company Description Who we are: Summit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders. When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to be the biggest, but to strive to be the best. Our growth mindset, positive culture, and history of stability are just a few things that position our company as a leader in the mortgage industry. Benefits and Perks: Opportunity to further a career in a competitive, fast-paced growing industry where you can make a difference in people’s lives. Opportunity to earn competitive compensation. Full benefits include medical, dental, vision, 401K plus match, 11 paid holidays, paid time off, and more. Fun team atmosphere, professional development, and more. Job Description The CD Drawer position is essential to Summit Funding’s relationship with the branches, with escrow, and most importantly, with the homebuyer. The primary focuses are accuracy, speed, accountability, adaptability, and genuine good customer service. The CD Drawer position is crucial to preparing accurate initial closing disclosures and closing packages within the posted turn time or prior, thereby exceeding branch expectations so they may exceed buyer expectations. Starting pay ranges between $20-$28/hr DOE. This position reports out of the Sacramento Corporate Office but is offered as hybrid-remote or remote depending on experience and location. Will be required to work a regular 8 work schedule Monday through Friday starting as early as 5am PST (6am MST/7am CST/8am EST) and as late as 5pm PST (6pm MST/7pm CST/8pm EST) plus work Overtime and Weekends as needed. Duties include: Prepares all closing documents and closing disclosures including initial closing disclosure (ICD) required to close mortgage loans, ensuring documentation is complete and accurate and follows up with any discrepancies. Ensures that all loans meet guidelines for quality and regulatory compliance, and investor closing standards are met. Maintains communication with other departments and closing agents to promote positive business relations and relay loan status. Establishes and maintains a thorough knowledge of all products and investor requirements to ensure quality closing packages and salability into the market. Reviews files prior to closing to verify that abstracts and/or title opinions are clear; forwards copies to all parties involved; reviews all surveys, termite inspections, final inspections, and verifies accuracy of closing conditions. Inputs information into computer, prepares additional documentation, balances account for closing, and prepares closing disclosures and closing package for the closing agent and/or customer. Prepares and explains closing requirements to closing agent and/or customer. Maintains knowledge of all mortgage and compliance policies and procedures. Completes all required paperwork and forms in an accurate and timely manner; prepares all required reports. Qualifications Two years of current (within the last 12 months) experience preparing/drawing initial closing disclosures (ICD) and closing documents with a direct mortgage lender. Retail or wholesale experience preferred Experience with conventional and government loan programs (FHA, VA, USDA) required, Bond and NQM experience preferred. Working knowledge of Texas loans is a plus. Recent experience working in a retail direct lending environment preferred. Experience with wholesale is a plus. Proficient in Microsoft Office, Outlook, Encompass 360 and Doc Magic or similar LOS Ability to work a full-time schedule, Monday through Friday between 6am and 6pm Pacific time, with overtime and weekends as needed. The ability to be flexible and adjust your work schedule as needed Ability to communicate effectively with external and internal contacts including but not limited to: Loan Officers, Processors, Account Executives, Underwriting and Post Closing Staff, Title, Escrow, Attorneys, etc. Candidates within a 50-mile radius of our Sacramento Corporate office will be asked to work a hybrid work schedule, reporting Tuesdays and Thursdays in the office. All other candidates will be asked to work a fully remote work schedule from home. IND1 Additional Information All your information will be kept confidential according to EEO guidelines.

Responsibilities

The Mortgage Closer is responsible for preparing accurate initial closing disclosures and closing packages, ensuring compliance with guidelines and maintaining communication with various stakeholders. This role is crucial for exceeding branch and buyer expectations through accuracy and speed.