Mortgage Loan Closing Specialist
Resume:
MAGDA ACOSTA
********@*****.***
CAREER SUMMARY
Bi-lingual self-motivated person with 20 years of professional experience in different areas from Servicing to Wholesale Mortgage Businesses. Fast learner with the ability to adapt to challenging new environments. Ability to work well independently and as a contributing team member.
STRENGTHS
Experienced Mortgage Loan Professional exacting focus on Mortgage Documents, Lending Programs, Federal and State's requirements. Service oriented attitude with strict training to follow policies and procedures in compliance with regulations and fraud detection. TRID regulations. TECHNICAL HIGHLIGHTS
Windows 95/XP/Win7, Microsoft Office V.2003/V.2010, Microsoft Office (Access, Excel, Word, Outlook,) PROFESSIONAL EXPERIENCE
PRMG 2016-2021
Mortgage Closer-Funder
• Reviewed documents, Input essential data in the system and generated closing documents.
• Approved HUD-1 Settlement Statement and sent closing package.
• Ensured loan documents complied guidelines and programs. CALIBER HOME LOANS, Coral Gables, FL 2015-2015
Mortgage Closer-Funder
• Served as liaison between Caliber and closing agent.
• Reviewed documents, Input essential data in the system and generated closing documents.
• Approved HUD-1 Settlement Statement and sent closing package.
• Ensured loan documents complied guidelines and programs.
• Calculate funding amount, balance figures with closing agent, release wire and fund loan.
• Audit executed documents and extend funding authorization. OCWEN LOAN SERVICING, West Palm Beach, FL 2014-2015 Home Retention Relationship Manager
• Facilitated Loss Mitigation process by programmed customer service outbound calls.
• Discussed with homeowners Modification, Reinstatement, Repayment Plans and Foreclosure alternatives. DIGITAL RISK, Boca Raton, FL 2012-2014
Mortgage Closer-Funder
• Organized and coordinated closings validating information per RESPA rules.
• Revised virtual file documents in order to set up the closing instructions for the Title Company.
• Revised and approved HUD-1 received from the Title Company.
• Complied with RESPA, MHA, States, and Federal regulations.
• Release closing documents and reviewed for completeness once received prior to funding.
• Initiated funding processing.
THE MERGIS GROUP, Boca Raton, FL 2010-2012
Assigned to K. HOVNANIAN AMERICAN MORTGAGE, LLC, Boynton Beach, FL Post Closer-Assistant
• Initiated Collateral review.
• Audited and compiled FHA, VA, and USDA documentation required by Federal States Agencies, States and Investors reviews.
• Safeguarded information by document filing.
• Meticulous and accurate data entry.
J P MORGAN CHASE, Chase Home Finance, Deerfield Beach, FL 2001-2008 Closer-Funder
• Initiated and coordinated 1st and 2nd mortgage closings which included purchase and refinance of conventional loans in all states.
• Achieved consistent loan quality obtaining 100% “salable” loans.
• Maintained an excellent relationship with internal and external departments to resolve customer service issues, identify procedural gaps and ensure the timely release of funds.
• Audited closing documents, cleared closing conditions to fully comply with Federal, State and company regulations.
• Performed closing, post-closing, funding and rate lock tasks. Sr. Claims Specialist-REO
• Summarized, organized and initiated an accurate Mortgage Insurance Loss Claim applying USDA and PMI regulations.
• Researched and collected data to support the process of loss claims with USDA Rural Housing.
• Verified funds received and accurate applied them to loss claims monthly reports. LLOYD STAFFING, Plantation, FL 2000-2001
Assigned to CHASE MANHATTAN MORTGAGE CORPORATION, Deerfield Beach, FL Loan Servicer
• Received and processed mortgage payments, batch checks, expedited postings to maintain high customer satisfaction levels.
• Transferred funds by batches to payment processing and maintain records for auditing purposes.
• Reconciled and maintained balances reducing the risk of misplacing funds.
• Payment system update, audit, coordinate, batch, and schedule. EDUCATION
Bachelor’s Degree in Education Science with Major in Biology Universidad Pedagogica Nacional, Bogota, Colombia
PROFESSIONAL DEVELOPMENT
MORTGAGE LOAN PROCESSING, Gold Coast Professional Schools, Ft Lauderdale, FL IMPORT AND EXPORT SPECIALIST, SER/IBM Institute, Miami, FL ADDITIONAL COURSES:
• Sub-prime closing workbench- closing documents and definitions, Training Central
• Sub-prime closing workbench-closing preparation, Training Central
• Sub-prime closing workbench-funding and wire process, Training Central
• Sub-prime closing workbench-funding key topics, Training Central
• Fraud detection and Prevention Training, Training Central
• Compliance Policies, Training Central
• Complete training on RESPA rules for closers
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