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Mortgage Loan Closer (Gold Star Mortgage Financial Group)
Ref No.: 16-08221
Location: Chula Vista, California
Gold Star Financial Mortgage Group is headquartered in Ann Arbor, MI and has been recognized by Inc. 500 as one of the fastest growing companies, along with being called an Economic Bright spot in Michigan.
In 2013, Gold Star was named to the Ellie Mae Hall of Fame for our Outstanding Loan Origination Process. Over the last 13 years, we have expanded to over 350 employees. We look forward to continuing this growth with new talented and driven employees who are committed to sustaining our success in the mortgage banking industry.
WHAT WE ARE LOOKING FOR:
Our Chula Vista, CA branch is currently looking for an experienced Loan Closer. A Loan Closer is a consummate professional that takes pride in paying close attention to detail, scouring the loan transaction for any last minute corrections that need to be made.
We seek individuals who have a strong desire to challenge themselves in a fast-paced
environment. This individual should have the resourcefulness to take initiative and get our clients through the last step of the loan process .
WHAT YOU WILL DO:
  • Verify and update information is correct per loan approval—review all closing related loan support documents from Encompass, including but not limited to loan approval, 1003, URAR, title insurance and CPL information, tax information, Closing Disclosure (CD);
  • Communicate and coordinate loan closings with title company, work to resolve any outstanding issues, and accurately notate at-closing underwriting conditions;
  • Generate closing doc package and review for accuracy, including reviewing all documents requiring execution for discrepancies in address, name, interest rate, APR, and costs/fees;
  • Prepare general closing instructions, Closing Disclosure (CD), loan payment form, funding wire breakdown, review CD for accuracy and completeness, and notify appropriate staff of any errors;
  • Run high cost tests for compliance and work with originating LO or Processor to make adjustments as necessary;
  • Verify borrower's required funds for closing is within approved tolerance and meets investor guidelines, and that all other closing requirements are met;
  • Stay abreast of changing company policy, mortgage regulations, laws, and generally accepted industry best practices, and be willing to take initiative to train and stay informed without prompting;
  • Address any calls or questions related to the closing/closing package as applicable;
  • Complete other duties as assigned.
WHAT YOU NEED TO BE SUCCESSFUL:
  • High School Diploma or equivalent required;
  • At least 2 years of prior mortgage industry experience, with strong preference given to those with underwriting, title insurance, or closing background;
  • Must have exceptional attention to detail and strong organizational skills;
  • Must be dependable with meeting deadlines and managing time;
  • Have an ability to work independently on multiple files simultaneously;
  • Possess strong oral and written communication skills;
  • Solid understanding of lender/borrower paid compensation, TILA and RESPA guidelines, preferred.
WHAT YOU CAN EXPECT:
The environment is characteristic of an office setting. We offer opportunities for employees to grow professionally and personally within the workplace.
Gold Star is an equal employment opportunity employer to all qualified applicants regardless of race, religion, color, sex, age, national origin, sexual orientation, physical or mental disability, genetic information, marital status, status as a disabled veteran or any other category protected by applicable federal, state, or local laws.
Job Location:
  • Chula Vista, CA
Required experience:
  • Mortgage Industry: 2 years
ControlID: 14.234.89 SHR