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Associate / Lead Associate Closing / Loan Closer @ Indecomm

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 Associate / Lead Associate Closing / Loan Closer

Job Description

Job Brief

We are seeking a detail-oriented Mortgage Closer to join our team. The candidate should have a strong understanding of the end-to-end mortgage closing process and be well-versed in both federal and state mortgage regulations. This role involves close coordination with Settlement Agents/Title Companies, Loan Officers, and other stakeholders to ensure accurate and timely closing of mortgage loans.


The Mortgage Closer will be responsible for verifying closing documents, balancing fees, preparing the Closing Disclosure (CD), and ensuring the smooth execution of the loan closing process.


Roles and Responsibilities

  • Prepare and review mortgage closing documents for completeness and accuracy

  • Ensure all documents align with the loan approval terms

  • Coordinate with Settlement Agents/Title Companies to obtain and verify Title Fee Sheets, Closing Disclosures, Tax Information, Wire Details, and EO insurance

  • Review and update Flood Certificate, Title, Homeowners Insurance (HOI), fees, taxes, and escrow details

  • Schedule closings in coordination with Mortgage Loan Officers (MLOs) and Settlement Agents

  • Issue Initial Closing Disclosures (CD) and collaborate on final CD balancing

  • Prepare and release accurate Closing Instructions and closing packages

  • Identify and resolve discrepancies in closing documentation

  • Ensure compliance with local, state, and federal mortgage regulations

  • Communicate effectively with applicants, attorneys, closing agents, and vendors

  • Maintain documentation and support a complete and compliant loan file

  • Perform additional duties as assigned by management


Requirements

  • Graduate in any discipline

  • 1-4 years of experience as a mortgage closer

  • In-depth knowledge of closing documentation and mortgage regulatory guidelines

  • Familiarity with U.S. mortgage industry standards and terminology

  • Proficient in LOS, LMS, Microsoft Office, and investor selling guides

  • Strong analytical and problem-solving skills

  • Excellent written and verbal communication skills

  • Ability to work independently and as part of a team

  • High attention to detail and decision-making based on factual analysis

  • Flexible to work in both day and night shifts

  • Ability to perform in a high-pressure, deadline-driven environment


Job Classification

Industry: Analytics / KPO / Research
Functional Area / Department: Sales & Business Development
Role Category: BD / Pre Sales
Role: Merchant Acquisition - BD / Pre Sales
Employement Type: Full time

Contact Details:

Company: Indecomm
Location(s): Bengaluru

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Keyskills:   LMS Mortgage loans Compliance Mortgage Lead Associate Analytical Packaging Management MS Office Associate Lead

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Indecomm

Centillion Solutions & Services is well-known in the Banking, Financial Services, and Insurance (BFSI) segment for the enterprise solutions it offers across risk management, transaction processing, and outsourcing and fulfillment services. The company partners with major Banking institutions, ...