Mortgage Loan Closer – Up to $70K – Chicago, IL – Job # 1952

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our client is seeking to fill a Mortgage Loan Closer role in the greater Chicago, IL market. The successful candidate will be responsible for utilizing prescribed systems and processes to successfully close, disburse, record, and ship real estate mortgage loans.

This position comes with a generous salary of up to $70K along with a full benefits package. (This is not a remote position)

Mortgage Loan Closer responsibilities include:

  • Reviewing documents and data entered into Loan Operating System for data integrity and uniformity.
  • Managing a personal pipeline of assigned loans to ensure the loan is progressing in a necessary manner in order to close and disburse as scheduled.
  • Ordering closing packages from approved vendors for portfolio and correspondent first and second lien mortgage loans.
  • Assembling documents for delivery to Title Company or notary for closing.
  • Ensuring all prior to document and prior to funding underwriting conditions are met with accuracy prior to authorizing disbursement.
  • Performing Due Diligence tasks including (but not limited to) MERS Public Records search and verbal verification of employment.
  • Preparing and reviewing HUD-1 for accuracy and in accordance with program guidelines.
  • Reviewing a prescribed list of closing documents for completeness and authorizing disbursement.
  • Completing the closing and funding process on all Home Equity loans, which may include: internally transferring money to proper accounts, ensuring that any required loan payoffs are completed, preparing checks, and preparing internal wire requests when necessary.
  • Preparing wire requests for mortgage loan funding.
  • Delivering a prescribed list of executed closing documents to the servicing department within 24 hours of funding.
  • Receiving closing packages and trailing final documents (i.e., recorded deeds, Title Policies, etc.) and forwarding documents to Records and/or the investor if applicable by the prescribed deadline.
  • Logging in original notes to the applicable Collateral Management Spreadsheet.
  • Compiling closed loan forms specific to correspondent channel and facilitates the shipping of required documents to the investor.
  • Processing and tracking the recording and releasing of liens and other trailing documents as required.
  • Must be proficient in all aspects of TRID.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

  • High School Diploma or equivalency. Bachelor’s degree in business or related field preferred.
  • Three of more years funding, post-closing, processing, or related experience.
  • Strong working knowledge of loan program products and services, policies, and closing documents; specifically, regulations covering FHA, VA, FNMA, & FHLMC & USDA.
  • Strong organizational, multi-tasking, time management, and detailed oriented skills.
  • Working knowledge of personal computers to include MS Word and Excel
  • Ability to type 35 wpm accurately.
  • Excellent communication skills and ability to deal with branch management level personnel preferred.

The next step is yours.  Email us your current resume along with the position you are considering to: