Domain Mortgage Closer

Job Description and Requirements

As the Closer, this person will be responsible for coordinating the closing between the Credit Union Service Organization (CUSO) and its investors/lenders, title companies, and members/borrowers. As the Funder, this person will be responsible for coordinating the flow of funds between investors/lenders, CUSO, and its warehouse lenders Line-of-Credit (LOC), as well as monitoring the LOC status. As the Shipper, this person will be responsible for coordinating the shipping of closed and funded loan files to the respective investors/lenders once the loans have been bought by that respective investor/lender.

Essential Functions and Responsibilities:

• Review Title Commitments.

• Prepare the Final Closing Disclosures.

• Confirm funds to close.

• Order the closing packages and forward to the title company upon internal approval.

• Review Loan Estimate and Closing Disclosures for accuracy and compliance with all real estate related laws.

• Authorize funding and wire funds to title company.

• Make draws on line-of-credit and apply funds to when loans are sold.

• Send executed closing documents to investors.

• Track required wet signature documents and forward to the investor.

• Track the documents that are recorded at the courthouse and forward to the investor.

• Track the final title policy from the title company and forward to the investor.

• Continue to monitor and track any document the investor requests or requires as a condition of the purchased loan.

• Maintain a work queue within a paperless filing system in accordance with institution service level objectives.

• All other duties as assigned (note: essential functions and responsibilities may change or new ones may be assigned at any time with or without notice).

Requirements:

• High School diploma or GED

• Minimum of one year of mortgage loan closing experience

• Ability to use independent judgment and be able to multi-task in a fast-paced paperless team environment

• Must demonstrate proficiency and accurate closing document preparation skills

• Must possess excellent communication, interpersonal, and organizational skills

• Must demonstrate courtesy, member/customer service, and tact

• Must work well with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation

• Ability to work successfully under deadlines

• Proficient computer skills and knowledge of Excel, Word, OneNote, Outlook, Power Point, DocuSign, & Mortgage Electronic Registration Systems, Inc.

• Must be available to work on Saturdays as needed

Preferred:

• Bi-Lingual in English/Spanish

• Experience with Encompass LOS

All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.