Loan Closer
Resume:
Eva L. Love
Markham, IL *****
*************@*****.***
Professional Profile:
Extensive experience in the mortgage banking industry with a background in the closing and post-closing of retail, correspondent and wholesale mortgage loans and department management. Ability to act independently and make effective decisions while maintaining a professional work ethic. Team oriented and the ability to handle multiple tasks. Skilled at learning new concepts quickly while working well under pressure.
Professional Experience
June 2016- September 2018 Home Point Financial (formerly Stonegate Mortgage) Oak Brook, IL
Mortgage Loan Closer
Prepare FHA, VA, and CONV Initial Closing Disclosure for borrowers to acknowledge. Verify certain information with the loan file: property address, earliest closing date, property type, underwriting loan approval. Ensure all fees are compliant per the disclosures. Create loan package through LOS system and document preparation system. Reconcile loan and lock information for accuracy, report discrepancies or changes to the appropriate department. Input figures to create borrowers escrow/impound accounts. Review closing package prior to sending to settlement agent. Review signed closing documents for accuracy, issue funding authorization. Assist post-closing with audits.
January 2016- March 2016 BMO Harris Bank Naperville, IL
Mortgage Loan Closer/Experis Finance
Prepare Closing Package and Closing Disclosure. Review information in system for accuracy. Perform various duties to assist the closing department to meet monthly goals.
December 2015- January 2016 American Chartered Bank Oak Brook, IL
Loan Closer/Processor/RMC Staffing
Prepare mortgage loan files for closing ensuring that all applicable documentation for files is complete and accurate. Assemble documents in files for delivery to settlement agents. Review and approves the Closing Disclosure upon receipt from the agent. Validate all documents are complete and accurate prior to funding, ordering funding via wire transfer. Handle basic questions from closing agents, processors, mortgage bankers, borrowers, and attorneys.
2014- 2015 Robert Half International Chicago, IL
Mortgage Loan Closer/Funder, Kinecta Federal Credit Union
Manage final steps of closing process mitigate risk and errors in order to achieve timely and efficient closings. Verify that underwriter's loan conditions are satisfied and collateral documents are signed properly. Gather closing figures, input closing information and generated loan documentation. Review, approve and balance the HUD-1 Settlement Statement, assuring compliance with lender and government regulations. Review funding packages, calculated fees and arranged for the disbursement of loan funds. Review title commitments, surveys, inspections, insurance, and property tax info and resolved any issues.
Mortgage Loan Closer/Funder, Key Mortgage Schaumburg, IL
Process Purchase, Refinance, Conventional, and VA and FHA loans. Preparation of all loan documents, reviewing loans for accuracy. Forward closing package to agent, and wiring funds.
Review signed loan documents including GFE, TIL for accuracy compliance and follow up with necessary trailing documents. Direct contact with loan officers and closing agents for disbursement of funds Order Data Verify, Mers, MI Certs and Activate MI Coverage. Perform shipping stack package per investor guidelines, send collateral to warehouse.
Loan Documentation Specialist, Urban Partnership Bank Chicago, IL
Manage loan portfolios, working on a special project making sure the Partial ID matches the property that is listed in the bank’s data base and on the County Assessor’s website.
Loan Suspense Coordinator, Federal Savings Bank Chicago, IL
Review and Clear loan documentation for files sold to investors. Request and send suspense conditions to investors. Frequent interaction with Processors, Underwriters, Closers and Post Closing to insure suspended files are cleared and purchased timely and accurately.
2013- 2014 Sutherland Global Services Houston, TX
Loan Closer (2013) Team Lead Closer (2013-2014), Citibank
Train new hire. Assist Closing Manager with maintaining consistency within the Closing Department. Assure that all underwriting conditions are met prior to sending out closing packages. Delegate to and support Offshore Closing Team in India with rectifying issues. Organize, coordinate and supervise staff of twelve on the wholesale mortgage closing procedures. Maintain complete knowledge of closing guidelines. Communicates with Processors, Borrowers, Investors and/or Settlement Agents with closing issues. Prepare loan document for Purchase, Refinance, Conventional, VA and FHA loans. Promoted to new position within 6 months.
2012- 2013 Caliber Funding LLC Itasca, IL
Senior Loan Closer/ Funder
Organize, coordinate and prepare closing documents for all correspondent wholesale and retail FHA, VA and Conventional mortgage. Review and deliver accurate collateral and closed loan packages to warehouse banks and investors. Process and submit requests for wired funds to various warehouse banks using individual bank software. Communicate with Processors, Mortgage Banker and/or Settlement Agents with closing issues. Review signed loan documents including GFE, TIL for accuracy compliance and follow up with necessary trailing documents
2012- 2013 JP Morgan Chase Chicago, IL
Mortgage Loan Closer/Funder
Prepare loan document for Purchase, Refinance, Conventional, VA and FHA loans. Review HUD-1 settlement statement for approval communicating and rectifying deficiencies with settlement agent to comply with RESPA requirements. Review all essential forms for completion, and accuracy (1003, 1008, MI Certs, etc.) Communicates with Processors, Mortgage Banker and/or Settlement Agents with closing issues. Forwarding closing package to settlement agent, and wiring funds.
2008- 2012 Wells Fargo Equipment Finance Lincolnshire, IL
Loan Documentation Specialist 3 (Closer)
Maintains accuracy of all closing screens in computer before funding the loan. Audits loan files to ensure compliance prior to funding. Prepare loan documents, closes loan, and gathers loan conditions and missing information for approval.
Education
HS Diploma- South Shore Community, 1995
AAHTT- University of Phoenix, 2016
Skills
Proficient in TILA Respa Ingrated Disclosure (TRID) MS Office Suite (Word, Excel,
Access, PowerPoint)
Experienced with DocMagic, Data Pro, Docs on Demand, Laser Pro, Desktop Underwriter, Encompass, Calyx Point
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