Job Description
Position Title Sr. Closer Location Work From Home MI, MI 48098 Job Summary This individual will be responsible for reviewing information pertinent to the closing process with an emphasis on the required compliance issues relative to the generation of a closing transaction on a residential mortgage. This position requires in depth knowledge and experience associated with the compliance requirements relative to Reg Z, X, B Mortgage Disclosure Information Act, Home Ownership Equity Protection Act, Qualified Mortgage, Ability to Repay. As part of the closing process the closer is responsible for also reviewing, Title Work, Insurance documents, & Property Tax statements validating they meet Flagstar’s policies and to accurately prepare the closing settlement statement. This is a production based role with a strong quality component required to guarantee success. It requires excellent organizational and communication skills to ensure closing deadlines are met while providing high quality closing document package. It requires the ability to work well under pressure within a limited timeframe to meet service level expectations. Pay Range: $17.92 - $30.00 Job Responsibilities: Review documents required for closing a loan to ensure compliance and the documentation is meeting Flagstar’s requirements Complete the data input of the required information in order to generate an accurate closing package Analyzing GFE and TIL disclosures for the purposes of RESPA, MDIA, & TILA Work with Settlement Agents and brokers to obtain any required information to complete the closing process and obtain a final HUD1 Settlement Statement Review and balancing of the Final HUD-1 figures for regulatory, investor, and Flagstar requirements Investigate and resolve loan issues while dealing with others internal and external Job Requirements: HS Diploma, GED of Foreign Equivalent 2-5 years of closing, funding or similar mortgage banking background Experience with closing Conventional, FHA and/or VA products Knowledge of current compliance changes to Reg Z, Respa, GFE, and MDIA Experience closing Renovation and/or Construction loans a plus Experience with closing loans in the states of New York and Texas a plus Skills: · Excellent written and verbal communication skills · Ability to multi-task while still maintaining careful attention to detail · Ability to operate both independently and as part of a team · Ability to organize and prioritize work · Strong computer skills relative to data entry Flagstar is an Equal Opportunity Employer We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank Pay Range $17.92 - $30.11