Job Description

Key Responsibilities:

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Requires 3 4 year of experience in preparing Initial and Final closing documents Request fees from settlement agent and perform fee analysis Prepare Prelim closing disclosure Issue initial closing disclosures re disclosures to client Solid and detailed knowledge of Conventional Loans Closing and Legal Documents Disclosure Documents Credit Documents Insurance Documents MDIA Disclosure timing and APR rules and TILA RESPA LE CDs ICDs Review flood insurance flood certifications Title commitment ownership of deed Loan approval tax cert and prelim closing disclosures Closely monitor individual closing pipeline workload and volume levels for maximum balance and efficiency Review Power of Attorneys POA Review Cash to close Create closing documents and monitor required waiting periods Request preclosing audit prior to Closing Deliver final closing documents Review final closing documents and clear to fund Ability to understand regulatory requirements and impacts Medium High degree of familiarity with standard concepts practices and procedures within a particular field Reviews and prepares disclosures including Loan Estimate and Closing Disclosure Request wire Ensure disbursement takes place and loan moves to post close Ensure proper and effective communication with settlement agent Review signed closing packages for accuracy Provide funding authorization to Title Escrow Agents Knowledge Skills required for the role Requires a high school diploma or its equivalent for US Operation and graduation degree for India Operations with 18 months of experience in preparing Initial and Final closing documents Should have knowledge of commonly used mortgage concepts practices procedures and Fannie Freddie guidelines to complete his task Should have working knowledge with any Loan origination systems Should possess basic knowledge to work on MS offices tools Relies on limited experience and judgment to plan and accomplish goals

Additional Responsibilities:

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Work from Office US Rotational Shift Timing Night Shift Location Chennai Graduation Preferably BCom BBA 15 years of Full time Education 10th 12th 3 year Graduation Freshers Not Allowed Exp 2 to 5 years

Preferred Skills:

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India Banking->Consumer Banking, Mortgage, Lending Operations, Commercial Banking