Closer- Residential Mortgage

Prepare Closing Documents

Mortgage Closers are responsible for preparing all loan-closing documents, and ensuring that they are accurate in order to have a fully compliant mortgage loan. They carefully review all documents for any errors, and confirm that pricing and program are correct to insure loan will be funded.

Act as Point of Contact

Mortgage Closers are the intermediaries between all parties in a real estate closing transaction. They communicate with applicants, attorneys, closing agents, and vendors to answer questions and resolve any issues. They communicate with title companies to gather all necessary information for accurate document preparation, and coordinate delivery of the documents before closing.

Coordinate Closings

Mortgage Closers coordinate the smooth running of the loan closing proceedings and ensure all loans are closed in a timely manner. They communicate with the Title Company to set up a closing schedule, and then communicate that schedule to the borrower and help prepare them for the closing. At the closing, they deal with all parties involved to resolve any problems.

Ensure Compliance

Mortgage Closers review all closing details to ensure compliance with state and federal regulations. They also make sure that all terms of the loan are met. They work with borrows and title companies on any outstanding closing conditions required to fund the loan.

Mortgage Closer Skills

Detail-oriented and extremely well organized, a successful Mortgage Closer is a meticulous and focused analytical thinker. They have both strong business acumen and excellent communication and conflict-resolution skills. In addition to these general skills and personality traits, employers are seeking Mortgage Closer candidates with the following skills.

Strong oral and written communication skills, with a customer-service focus
Excellent time-management skills
Basic computer skills
Mortgage industry experience
Ability to make independent judgment calls based on knowledge of federal and state regulatory requirements
Advanced math and calculation skills
Advanced skills: While most employers did not require the following skills, multiple job listings included them as preferred. Add these to your Mortgage Closer toolbox and broaden your career options.

- Closer
- Residential Mortgage
- Loans
- Conventional
- FHA
- VA
- Jumbo
- Closing docs
- Funding