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Alerus Financial Mortgage Loan Closer in Minnetonka, Minnesota

Description Position Summary: The Mortgage Closer position encompasses closing, portions of post-closing, shipping and delivery, inclusive of follow up with investors until the loans are purchased. Essential Responsibilities: Job Function Number 1: Provide process support, meeting required deadlines - 70% Review approval, appraisal and title commitment to make sure all Investor/Agency requirements are being met. Review entire file for address and name consistencies. Update fees as necessary. Confirm pricing and program to insure loan will be funded accurately. Data Input additional screen details and items needed for closing. Review and verify that all proper compliance documents are in file. Balance each loan file to insure proper monies are requested at closing. Order documents from Ellie Mae. Review for completeness and accuracy. Prepare closing instructions inclusive of Initial 2015 TRID Closing Disclosure. CD must be completed and sent to the Title Company a minimum of 5 business days prior to closing. Alerus goal will be 7-10 business days. Receive, Review, append and delivery FINAL 2015 TRID CD to Loan Originator, LO will disclose to our borrower(s). CFPB TRID requirement is 3 business days prior to consummation. MAVENT Run final Compliance check. Prepare Funding Request. Communicate Final Approval and Closing Conditions to the Title Company and processors. Prepare Balance Sheet for loan funding and reconcile proceeds check from closing. Job Function Number 2: System Knowledge 10% Maintain working knowledge of loan origination system. Maintain knowledge all systems supporting the closing, shipping and delivery of loans. Job Function Number 3: Provide Customer Support 5% Develop and maintain good working relationships with internal and external customers, including but not limited to, Mortgage Loan Originators, Processor, Underwriter and external closing companies and investors. Demonstrate and maintain outstanding verbal, written, and telephone skills. Resolve vendor issues and correct mistakes. Understand that good working relationships are one of the keys to success in this organization. Job Function Number 4: Provide Product Support 5% Participate in project work as necessary or required. Maintain a working knowledge of all mortgage products. Job Function Number 5: Investor Knowledge and Processes 5% Maintain working knowledge of investor requirements. Close packages according to investor specifications and timelines. Ensure attention to detail as it pertains to investor requirements. Follow up with all investor exceptions. Job Function Number 6: Cross Training 5% Pursue cross training of other integral parts of team, including assisting with closings. Position Requirements: Qualifications: Minimum 3 years of mortgage experience. High School Diploma or GED. Excellent time management skills. Proven oral and written communication skills. Ability to work under pressure. Keyboarding and basic computer skills with speed and accuracy. Personal Characteristics: Positive. Adaptable/Flexible. Attention to detail. Stress Tolerance. Professional appearance. Physical Demands: (must be met with or without a reasonable accommodation) Spend extended periods of time sitting at a desk and using office equipment. Extended time is spent reviewing documents, both actual papers or electronic. Occasionally required to stand, walk, reach with arms and hands, climb or balance, and to stoop, kneel, crouch or crawl. Vision abilities required by this job include close vision. Periodically, may also do light lifting of supplies and materials which weighs in at approximately 20 lbs. Will spend most of time in an indoor environment. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other ma

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