Mortgage Loan Closer

1333 Butterfield Rd. Suite 600
Downers Grove, IL 60515

Full-time

Pay: $23.00 to $31.00 /hour

APPLY

Mortgage Loan Closer

1333 Butterfield Rd. Suite 600
Downers Grove, IL 60515

Full-time

Pay: $23.00 to $31.00 /hour

APPLY

Our Benefits

  • Medical Insurance

  • Dental Insurance

  • Vision Insurance

  • Short term disability

  • Long term disability

  • Basic Life Insurance $25K policy

  • Voluntary Life Insurance (Employee, Spouse, Children)

  • 401K/ROTH IRA

  • Partnership with Life Time Fitness

  • ADP LifeMart Perks (Discount on services such as travel, car rental, etc.)

  • Gym access at Corporate
    Location in Downers Grove

  • Complimentary Breakfast

  • Complimentary Snacks

  • Complimentary Beverages

  • Complimentary Apparel

Job Description

We are seeking a Mortgage Loan Closer to join our team! Someone who is enthusiastic, self-motived, ethical, team player with a strong eye for detail and a keen sense for accuracy. This is a high-pressure position that will require strong organizational skills, the ability to multitask and exceptional customer service skills. Must be able to handle a high volume of loans while remaining effective and accurate in reviewing documentation. Want to join a team that knows your name, rejoices in your success, supportive when times are tough? Want to be part of a growing company with a great future in lending? We offer a tremendous opportunity for growth, compensation, and benefits.

Requirements

  • Prepare closing documents for various loan products such as, FHA, VA, USDA, including Bond Programs. Review closing documents for errors.
  • Ensure loans are fully compliant meeting state and federal guidelines.
  • Prepare and send Initial Closing Disclosures and any change of circumstances if applicable.
  • Obtain and calculate property tax information and verify accuracy with title company, and/or tax collector.
  • Review hazard insurance policies and premiums ensuring sufficient insurance in place at closing and ample amounts collected for next due.
  • Update and Balance Final Closing Disclosure, review for accuracy.
  • Collect and review any “at closing conditions”, review settlement statement to ensure all fees have been collected/disbursed, request funding and disbursement of funds.
  • Communicate closely with processing, sales and title companies to ensure a smooth closing process.
  • Monitor closings and solve any problems that may arise.
  • Assist post-closing department to obtain any outstanding documentation, as needed.

Qualifications

  • Strong attention to detail
  • Ability to handle high pressure situations
  • Ability to work accurately in a fast-paced environment.
  • Excellent interpersonal communication skills both inside and outside the company.
  • Strong organization and time managements skills.
  • Effective Problem Solver with a positive attitude.
  • Must have a flexible schedule as there may be required work after hours especially during peak periods.

Requirements

  • 1+ year of mortgage closing experience is required, preferred recent experience closing government agency products.
  • Knowledge and experience with TRID and multi-state and federal compliance regulations.
  • Encompass experience is strongly preferred with the understanding of Mavent.
  • Computer skills required including Microsoft products such as Teams, Word, Excel and Outlook.

About Us

At Neighborhood Loans, we are passionate mortgage lending professionals with one goal in mind – make our clients, our priority. Neighborhood Loans is a Residential Mortgage Lender utilizing a business model aimed at educating and enabling consumers in a rapidly changing market.

At Neighborhood Loans, we are passionate mortgage lending professionals with one goal in mind – make our clients, our priority. Neighborhood Loans is a Residential Mortgage Lender utilizing a business model aimed at educating and enabling consumers in a rapidly changing market.

Our Benefits

  • Medical Insurance

  • Dental Insurance

  • Vision Insurance

  • Short term disability

  • Long term disability

  • Basic Life Insurance $25K policy

  • Voluntary Life Insurance (Employee, Spouse, Children)

  • 401K/ROTH IRA

  • Partnership with Life Time Fitness

  • ADP LifeMart Perks (Discount on services such as travel, car rental, etc.)

  • Gym access at Corporate
    Location in Downers Grove

  • Complimentary Breakfast

  • Complimentary Snacks

  • Complimentary Beverages

  • Complimentary Apparel

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