Mortgage Loan Closer: A description for the mortgage loan closer job

Clerical And Sales Jobs » Miscellaneous Clerical Jobs » Miscellaneous Clerical Jobs Nec » Mortgage Loan Closer

Mortgage Loan Closer: Schedules loan closing and compiles and types closing documents: Reviews approved mortgage loan to determine conditions that must be met prior to closing, for example purchase of private mortgage insurance. Calls borrower, real estate broker, and title company to request specified documents, for example receipt for payment of outstanding tax bill. Verifies accuracy and consistency of specifications on documents, for example title abstract and insurance forms. Calls borrower, broker, and other specified individuals to arrange time and date for closing. Answers questions regarding closing requirements. Enters numbers and calculates loan interest and principal payment, and closing costs, using computer or factor table and calculator. Types closing documents. Assembles documents for delivery to title company, real estate broker, or lending officer for closing. Records loan information in log and on government reporting forms, using computer. May also compile closed loan forms for delivery to marketing department for sale to investors.

Job industry: financial industry

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