Troy, MI

Post Date: 08/15/2017 Job ID: 22235 Category: Professional

Job Description:
  • The position of Closing Coordinator includes overall coordination of the loan closing process to improve customer service.

Key Responsibilities:
  • To answer all closing calls.
  • To pull closing files by 8: 30 a.M. Every morning and complete coordinator documentation 48 hours prior to closing.
  • To obtain updated payoff letters on Towne refinances from the Servicing Department.
  • To review title work on all refinances.
  • Ensure all liens and unpaid taxes have been addressed and vesting information is correct.
  • Title companies are called to verify loan amount, earnest money deposit, sales price, and spelling of borrower(s) name(s).
  • Tax proration is calculated and documented on the processor information sheet for the closer.
  • Title work legal descriptions are matched with the survey for accuracy.
  • To ensure all homeowners insurance requirements have been addressed.
  • To contact all borrowers at least 24 hours prior to closing with closing information.
  • To coordinate closing dates for refinances with processors and closers.
  • Monitor tentative closing schedules to ensure files are in the Closing Department 48 hours prior to closing.
  • Closing Supervisor is informed of all rush closings.
  • To assist closers by performing various clerical tasks.
  • To comply with all internal policies and procedures.
  • Additional responsibilities may be requested by hiring manager or direct supervisor.
  • All duties and responsibilities will be performed adequately, effectively and according to the employees Direct Supervisor & Director of Operations expectations.

  • Ideal applicant will have three years of experience closing/post-closing FHA and Conventional Loans and have excellent written and verbal communication skills.
  • S/he must be able to learn quickly and adapt in a rapidly changing environment, remain positive and productive under pressure, and be willing to work whatever hours are necessary to get the job done.

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