Loan Closing Analyst

Primary Job Purpose:  Review closing documents delivered by correspondent lenders; ensuring that all documents are accurately prepared, executed and compliant with regulations.  Review loan pricing and program elements to confirm accuracy. 

Essential Responsibilities and Duties:

• Review correspondent credit/closing loan documents for agency requirements and regulatory compliance. Programs include Conventional, USDA, VA, FHA and ARM loans.
• Verify all loan closing data including pricing is correct in the loan operating system.
• Coordinate with lenders to clear any loan deficiencies.
• Prepare purchase advice.
• Assist correspondent lenders with closing questions.
• Other duties may be assigned.

Job Specifications

Work Direction:  This position reports to the Correspondent Purchasing Manager.

Accountability:  This position has access to and knowledge of the financial situation and personally  identifiable information of customers and highly confidential/proprietary financial data of customers.  The utmost discretion and confidentiality must be exercised with all data.

Work Relationship:  Regular contact with internal employees, customers and external mortgage partners.  Must be able to communicate in a clear, concise, and pleasant manner.

Supervision:  This position has no supervisory responsibilities.

JOB QUALIFICATIONS

Education & Experience:

•  Residential loan closing experience
• Demonstrated ability to work well with people, both internally and with customers.
• Ability to work in a team environment.
• Ability to manage and complete multiple tasks.
• High level of accuracy and attention to detail.
• Ability to handle confidential information.