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Fairway Independent Mortgage Corporation Remote Mortgage Loan Closer in Newton, Massachusetts

Passionate about mortgage and love closing mortgage loans? If that is you, then keep reading!

Fairway has a TOP NOTCH Corporate Closing Team and are looking for our next amazing closer!

If that is you and you want to learn more about what Fairway has to offer our employees including a competitive wage, per file bonus and even free exercise equipment (yes, you read that right)!

Here at Fairway, we strongly believe the way we do things is just as important as what we do. Our Core Values define how we work together as team, support individual growth, and guide us in determining how we can best serve our customers, team members and communities. As a member of our Closing Team, YOU can be a difference maker!

Remote Opportunity

Remote Corporate Mortgage Loan Closer Job Duties:

  • Reviews data entry and all submitted documentation for accuracy provided by the branch within 24 hours of submission

  • Reviews Surveys and Title Commitment for accuracy, liens, judgments, and easements

  • Reviews sales contract, PMI certificates, lock confirmations, and underwriting approvals for accuracy and verify data entered in Encompass

  • Verifies accuracy of hazard and flood insurance, property tax amounts and due dates through CoreLogic

  • Generates initial closing disclosure in Encompass and sends to the branch via secure email for approval

  • Updates initial closing disclosure with any changes that need to be made based on branch review

  • Sends the initial closing disclosure to the borrower via Encompass e-sign, US mail, and/or print to have executed in person

  • Prepares changes of circumstance forms as needed after closing disclosure has been sent

  • Accurately completes all required information into Encompass and DocsDirect systems to prepare final closing disclosure and closing documents

  • Balances closing disclosure with attorneys/settlement/escrow agents figures within Encompass to ensure accuracy of borrowers bottom line

  • Orders wire within Encompass

  • Orders closing documents and final closing disclosure

  • Reviews completed closing documents for accuracy

  • Submits final closing disclosure, supporting documents, and closing documents to attorneys/settlement/escrow agents

  • Emails the branch, corresponding corporate funder informing documents have been released and the funding checklist will be sent to attorneys/settlement/escrow agents

  • Responds promptly to general closing questions from branches, closing manager, team lead, post closing, attorneys/settlement/escrow agents, and accounting

  • Provides backup support for other closing team members

Required Knowledge and Skills:

  • Basic knowledge and understanding of Document Prep Vendor

  • Basic knowledge and understanding of Encompass

  • Solid knowledge and understanding of a variety of loan programs: Conventional, FHA, USDA, and VA

  • Solid knowledge and understanding of TLTA and ALTA commitments

  • Solid knowledge and understanding of high cost, FMNA 5%, HOEPA, and HPML

  • Solid knowledge and understanding of TRID closing regulations

  • Solid knowledge and understanding of customer service and intrapersonal best practices

  • Solid knowledge and understanding of mortgage loan programs and documents

#indeed

Job Posting Title (Candidate Facing): Remote Mortgage Loan Closer

Portal Location: Newton, Massachusetts

External Company Name: Fairway Independent Mortgage Corporation

External Company URL: www.fairwayindependentmc.com

Street: Work From Home

Remote (for Job Posting Search Purposes): Yes

Remote Type: Can be located anywhere in US

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