Mortgage Lending Closer
Posted on: 1 Feb 2021
Greensboro, NC
Job Description
Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
Prepare accurate and complete closing document packages for all BB&T Mortgage loan products. Perform all loan closing duties, as required.
Essential Duties and Responsibilities:
The following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Responsible for the preparation of accurate closing documents and instructions. Calculate and prepare accurate HUD-1 documentation in partnership with closing agent. Analyze all closing loan file documentation for accuracy and compliance with regulatory requirements prior to sending closing package.
2. Develop and maintain a strong understanding of documentation required for all mortgage lending products, policies, processes, and required documentation for Government-Sponsored Enterprise (GSE), Federal Housing Administration (FHA), Veterans Affairs (VA), United States Department of Agriculture (USDA), and portfolio products as required.
3. Develop positive working relationships and answer inquiries from co-workers, internal and external clients, attorneys, and vendors.
4. Prepare accurate wires for funding and general ledger debit tickets for each proceeds check using the correct account number for all loan types and distributions. Input loan proceeds information on the mortgage loan servicing system for proper control of closing funds.
5. Adhere to all compliance regulations.
6. Conduct proactive and effective pipeline management in accordance with performance standard expectations.
7. Identify, analyze and resolve closing problems independently and accurately.
Required Skills and Competencies:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. High School diploma or equivalent
2. Two years of experience as a Mortgage Closing Officer or demonstrated equivalent experience
3. Excellent communication skills, both written and verbal, in relating to internal and external clients
4. Ability to utilize mortgage automated processing system
5. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
6. Ability to travel, occasionally overnight
Desired Skills:
1. Bachelors degree in business-related field
2. Previous mortgage lending experience
3. Basic knowledge of other bank services and products
4. Basic knowledge of general accounting concepts
SunTrust Banks
Atlanta, GA
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, institutions, and not-for-profit entities in the United States. It operates in two segments, Consumer and Wholesale. The Consumer segment provides deposits and payments; home equity and personal credit lines; auto, student, and other lending products; credit cards; discount/online and full-service brokerage products; professional investment advisory products and services; and trust services, as well as family office solutions. This segment also offers residential mortgage products in the secondary market.
The Wholesale segment provides capital markets solutions, including advisory, capital raising, and financial risk management; asset-based financing solutions, such as securitizations, asset-based lending, equipment financing, and structured real estate arrangements; cash management services and auto dealer financing solutions; investment banking solutions; and credit and deposit, fee-based product offering, multi-family agency lending, advisory, commercial mortgage brokerage, and tailored financing and equity investment solutions. This segment also offers treasury and payment solutions, such as operating various electronic and paper payment types, which comprise card, wire transfer, automated clearing house, check, and cash; and provides services clients to manage their accounts online.
The company offers its products and services through a network of traditional and in-store branches, automated teller machines, Internet, mobile, and telephone banking channels. As of December 31, 2018, it operated 1,218 full-service banking offices located in Florida, Georgia, Virginia, North Carolina, Tennessee, Maryland, South Carolina, and the District of Columbia. SunTrust Banks, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.
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IndustryBanking/Financial Services
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No. of Employees22,899
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Website
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Jobs Posted2598
