Mortgage Doc Drawer

Job Description

Job Description

The Mortgage Doc Drawer is responsible for preparing, reviewing, and issuing accurate mortgage closing document packages for residential loan transactions. This position ensures that loan documents accurately reflect the final approved loan terms and satisfy applicable lender, investor, company, and regulatory requirements.

The Doc Drawer works closely with Underwriting, Processing, Closing, Funding, Loan Officers, and settlement/title companies to resolve discrepancies and ensure loans are properly documented and ready to close on schedule.

Key Responsibilities

• Prepare and generate initial and final mortgage closing document packages.
• Review the final loan approval and underwriting conditions before drawing documents.
• Verify that the closing documents accurately reflect the approved loan terms, including loan amount, interest rate, term, amortization, occupancy, property information, vesting, and borrower information.
• Review the Closing Disclosure (CD), Loan Estimate (LE), and applicable closing figures for accuracy and consistency.
• Coordinate with title/settlement agents regarding fees, title information, vesting, taxes, insurance, payoffs, and other closing requirements.
• Ensure required documents and disclosures are included in the closing package.
• Verify compliance with applicable federal and state requirements, including TRID and applicable lender/investor requirements.
• Review loan files for outstanding documentation or discrepancies that could prevent closing.
• Work with Underwriters, Processors, Closers, and Loan Officers to resolve documentation issues before documents are released.
• Ensure any underwriting conditions required prior to documents or prior to closing have been satisfied.
• Prepare or coordinate applicable Notes, Security Instruments/Deeds of Trust, Riders, Closing Disclosures, affidavits, and other closing documents.
• Review escrow information, prepaid items, lender credits, fees, and other applicable closing figures.
• Send closing documents securely to the appropriate title company, attorney, escrow agent, or settlement provider.
• Maintain accurate records of documents issued, revisions, and communications.
• Process document redraws or corrections when loan terms or closing information change.
• Prioritize multiple loans according to scheduled closing dates and document deadlines.
• Escalate material discrepancies or compliance concerns before documents are released.
• Follow company policies, investor guidelines, and applicable regulatory requirements.
• Maintain confidentiality and safeguard borrower nonpublic personal information.

Qualifications & Skills

• Previous mortgage closing, doc drawing, processing, funding, or related mortgage operations experience preferred.
• Understanding of residential mortgage documentation and the loan closing process.
• Familiarity with Conventional, FHA, VA, Non-QM, DSCR, ITIN, and other loan products is a plus.
• Working knowledge of TRID, Closing Disclosures, Notes, Security Instruments, and common mortgage closing documents.
• Strong attention to detail and ability to identify inconsistencies between loan approval and closing documents.
• Ability to manage a high-volume pipeline and meet strict closing deadlines.
• Strong written and verbal communication skills.
• Ability to work effectively with Underwriting, Processing, Funding, Loan Officers, and settlement agents.
• Experience with mortgage LOS platforms; MeridianLink experience is a plus.
• Strong organizational, problem-solving, and follow-up skills.

Key Performance Expectations

Success in this position is measured by the accuracy and timeliness of closing documents, low document error/redraw rates, compliance with loan approvals and applicable requirements, responsiveness to closing parties, and the ability to consistently meet scheduled closing deadlines.