Ultimate
Loan Closer/Funder
At a glance
Location: US-CA-Valencia Map
Posted: 07/10/2020
Closing: 08/09/2020
Degree: Not Specified
Type: Full-Time
Experience: Not Specified
Ultimate
Job description
Responsibilities
  • Prepares closing loan package necessary for individual loan types in accordance with Bank and Investor guidelines as well as Secondary Marketing commitments and requirements.
  • Ensures the timely movement and closing of approved loans through the pipeline.
  • Contacts Title Companies, Attorneys, Loan Officers, Processors and Insurance Companies to obtain documentation necessary to close mortgage loans.
  • Monitors loan status on a continual basis to ensure that timely/qualify standards are achieved.
  • Advises all parties of any changes or issues that may occur to ensure high quality standards and customer service.
  • Performs a pre-closing quality review of loan files prior to releasing closing package.
  • Reviews all preliminary documents provided from attorney/title company to include, but not limited to: Title binder, survey, termite report, Hazard/Flood insurance binder, Deed, HUD1 Settlement Statement, Power of Attorney and/or Trust documentation.
  • Completes all disbursement procedures for issuing of funds to attorneys/title company, any necessary refund checks, and release of escrow monies withheld.
  • Responds to and resolves technical and complex problems that arise.
  • Follows up on any deficiency requests by Shipping and Post-Closing to ensure timely procedure for loan funding.
  • Recommends procedural changes to management.
  • Complies with Banks Policies and Procedures, as well as regulatory compliance.
  • Keeps abreast of industry regulations and changes


We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job assignments are made without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, or any other protected classification. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
Loan Closer/Funder