Job Details
About Guaranteed Rate Companies:
We re Guaranteed Rate, the 2nd leading retail mortgage company in the U.S. and aiming to be #1. We re dedicated to the idea that belief makes anything possible. In 23 years, we ve gone from start-up to funding more than $100 billion in a single year. Our family is over 5,000 people who are driven to make getting a mortgage the easiest part of the homebuying process.
Introduction:
The Closing Assistant position was created to assist the Same Day Mortgage Underwriter in the preparation of each file for closing in tandem with the SDM UWs efforts in obtaining the CTC. The Closing Coordinator, with the guidance of the SDM UW, will work with internal departments as well as third parties in ensuring the accuracy and completion of all file documentation and information to ensure a problem free and timely submission to closing. The CC is a client facing role in charge of managing the loans from Clear to Close up until Closing. Collaboration with the Loan Officer, Borrower/s, Agent/s, Title Company and UW is critical in delivering exceptional service.
Pay Range: $38k plus bonus
Responsibilities
- Review the approval and coordinate with SDM UW regarding any Funding or At Close conditions
- Review existing file documentation and request further documentation or corrections as necessary to ensure complete, accurate and matching documentation
- Begin and track collaboration with settlement agent within CD Exchange
- Submit for insurance review once documentation is complete and accurate
- Ensure CD collaboration with settlement agent is complete
- Ensure all previous Loan Estimates are properly labeled and filed correctly in the eFolder
- Provide preliminary fees to ensure accurate initial closing disclosure
- Ensure accuracy of closing and funding date
- Understand and Explain CD line by line as needed
- Ensure file and fee amount Quality Control
- Schedule Closings with all parties
- Ensure timely Funding
- Additionally, the Closing Coordinator will monitor the pipeline and track all upcoming closing dates in a proactive way.
Qualifications:
- Ability to work in a fast paced environment
- Strong communication skills to speak with barrowers, lenders, and 3rd parties
- Willingness to learn new things
- Able to work with numbers, and be accurate
- Ability to deliver a strong work product, on a tight deadline
- Some Mortgage familiarity preferred
- Ideal candidate has some Encompass experience
Guaranteed Rate is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law.