Mortgage Loan Closer

Indianapolis HQ 8711 River Crossing Boulevard Indianapolis, IN 46240, USA Mortgage Loan Closer – Responsible for production and accuracy of the Closing Disclosure (CD), final quality control prior to executed closing to ensure accurate and deliverable loan package is properly executed. Responsibilities Validate conditions are cleared prior to closing. Validate in compliance with the Truth in Lending (TIL) tolerances, Home Ownership Equity Protection Act (HOEPA) calculations, and the Higher-Priced Mortgage Loan (HPML) calculations. Prepare and balance all tickets to fund the transaction. Validate the loan Annual Percentage Rate (APR) is in compliance and accurately calculated. Obtain, analyze and validate all fees to be included on the CD. Calculate points and fees test for compliance with Qualified Mortgage (QM) regulatory requirements. Produce and validate a deliverable closing package. Review and analyze title work. Work with applicable parties to clear closing deficiencies. Qualifications High School Diploma or Equivalent. A minimum of three (3) years of experience closing mortgage loans or related experience. Experience with government and/or conventional loan processing. Benefits Medical, Dental and Vision Insurance 401k Health Savings and Flexible Spending Accounts Vacation/Sick Time Paid Holidays Tuition Reimbursement Additional Benefits Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. #J-18808-Ljbffr First Merchants Brand