Position Overview: Oversee closing and disbursement of mortgage loans while ensuring compliance with federal, state, and investor requirements.
Principal Accountabilities: - Prepares Loan Packages in accordance with State, Federal, and Investor Lending Guidelines
- Reviews and approves the Closing Disclosure (CD) and applicable settlement statements
- Performs audits of RESPA/TILA requirements as it pertains to the issuance of Loan Estimates, Closing Disclosures and bona fide changes in circumstances
- Final compliance reviews of the loan to ensure adherence to high cost tests, TILA, RESPA, HOEPA requirements
- Reviews executed loan documents to ensure accuracy and proper execution prior to issuance of funding authorization
- Ensures accurate purchase request of funds via the warehouse bank in reconciliation with the final approved Closing Disclosure
- Acts as the main company point of contact for closing/disbursement questions and/or concerns as it pertains to assigned files
Minimum Qualifications:- 2 years’ experience in closing in the most recent 5 years
- Experience in closing various loan programs – Agency and Non-QM preferred
- Must be able to multi-task and work well in fast paced environment.
- Ability to read, analyze and interpret the most complex documents.
- Ability to respond effectively to the most sensitive inquiries or complaints.
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Ability to interpret an extensive variety of technical instructions and deal with several variables.
Angel Oak Mortgage Solutions provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.
