Mortgage Closer

Job Description

About the Company

MiMutual Mortgage (noun) [my-mutual mortgage]: a national mortgage lender operating by the philosophy of great people, building a great company, and servicing our communities.

We’re committed to providing an exceptional and enriching work environment and job opportunities across the country. We take the mortgage process seriously while fostering a corporate culture that offers team members a positive, rewarding environment. In addition, we provide competitive salaries and benefits that make working for our company worthwhile. And, we have some fun while we’re at it.

MiMutual Mortgage is an agency-direct seller/servicers/issuer. We offer a comprehensive range of Conventional and Government products, competitive pricing and are licensed to do business in 41 states. We provide advanced technology, from our loan operating systems (MeridianLink) to our CRM (Insellerate). Everything is housed on cloud-based servers, which means you have access to all MiMutual systems via desktop, tablet and mobile. You can accomplish everything you need to whether you’re in the office, at home, or on the road!

With MiMutual, you’re more than just a number. Your talents matter. Your values matter. Your passions and your strengths matter. YOU matter.

Team Member Benefits

Nationwide recognized networks for medical, dental and vision

401k with company match

Flexible Spending Account (FSA), Health Savings Account (HAS), and Dependent Care options

Aflac

Life Insurance

Job Summary

The Wholesale Closer is an intermediate level role within the operations team. The Wholesale Closer is responsible for preparing the Initial CD, ensuring TRID timing is met, preparing the closing package, and balancing the final CD. The Wholesale Closer reviews all documentation to confirm it’s correct while ensuring all underwriting requirements are met. This role is important to ensure all parties have a smooth, error-free closing experience.

Summary of Role and Responsibilities

Review file documents for accuracy of closing figures and details to prepare the closing package and release the final closing documents for signing

Prepare initial closing disclosures (CDs) for Texas Loans and submit specific loan documents in the file for the TX attorney to review after the Initial CD has been issued.

Review funding documents, clear funding conditions, and prepare funding authorization

Initiate wire requests for funding

Perform change of circumstance and re-disclose to the borrower

Work with title to prepare final balanced CD and have closing doc signed and applicable

Communicate with the CTC Team as needed to review any required changes after the loan is clear to close (CTC)

Other tasks as requested by manager

Preferred Qualifications

2+ years of experience as a mortgage closer

3+ years of experience in the mortgage industry

Knowledge of TRID/RESPA regulations

Knowledge of loan closings for purchase and refinance transactions

Knowledge of conventional and government loans

Soft Skills

Strong attention to detail

Self-motivated

Ability to adapt to change and problem solve

Team oriented

Ability to multi-task several loans

Ability to maintain accuracy and organization in a fast paste environment

Willingness to learn and receive constructive feedback

Excellent written and oral communication

Proficient in basic math