Branch Closer
Careers with The Wood Group of Fairway
The Branch Closer position reviews final loan fees and orders/prepares loan documents required for closing per investor or program guidelines. Prepares and reviews closing and settlement statements, orders wires, and authorizes funding for all loans submitted. Communicates with branch and corporate employees and settlement agents in a timely, efficient, and courteous manner.
Start Your Application Back to All JobsEssential Job Functions
Gathers CPL, wire instructions, title fees, complete verbal employment verifications, request payoffs
Reviews title commitment and all documents in loan file that are needed for closing to ensure accuracy
Orders, prepares, and delivers closing documents in timely manner to meet compliance with regulation timelines and to help ensure on-time closings
Reviews file for optional table funding
Reconciles invoices, inputs and reviews final closing and settlement fees
Submits preliminary and final closing documents to settlement agents and loan originators
Prepares wire/funding requests and submits to warehouse funding and/or investor
Reviews completed closing documents for accuracy
Authorizes the disbursement of the loan proceeds to settlement agent or works with the funder to ensure authorization is issued
Understands and strives to meet or exceed all operational metrics
Assists with post-closing issues to ensure sale of loan
Non-essential Job Functions
Participates in team efforts to achieve departmental and company goals
Adopts Fairway values in personal work behaviors, decision making, contributions and interpersonal interactions
Contributes to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value "can do" people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun
Performs other duties as assigned
Required Knowledge and Experience
Solid knowledge and understanding of Document Prep Vendor
Solid knowledge and understanding of Encompass
Extensive knowledge and understanding of a variety of loan programs: Conventional, FHA, USDA, and VA
Extensive knowledge and understanding of TLTA and ALTA commitments
Extensive knowledge and understanding of high cost, FMNA 5%, HOEPA, and HPML
Extensive knowledge and understanding of TRID closing regulations
Extensive knowledge and understanding of customer service and intrapersonal best practices
Extensive knowledge and understanding of mortgage loan programs and documents
Required Education and Experience
High School diploma or equivalency degree
3+ years of mortgage banking experience in closing and/or document preparation preferred
2+ years of general mortgage banking preferred
Demonstrated experience discussing complex business and technology issues with business users and customers
Demonstrated experience researching information, problem solving, and making solid business decisions
Demonstrated experience in analyzing, interpreting data, and critical thinking
Demonstrated experience utilizing multiple technology platforms simultaneously
Demonstrated experience effectively managing relationships with internal and external partners
Demonstrated experience working in a fast paced and changing environment
Demonstrated experience with attention to detail, written and oral communication, time management, multi-tasking, and working in a team atmosphere adhering to tight deadlines
Demonstrated experience with MS Office software products including 10 key
Physical Environment
This position is primarily a work remote position
This position involves extended periods of time sitting at a computer in a desk
Travel Expectations
Local travel may be required for company or career-related meetings, programs, or events
Reasonable Accommodations
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.