Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation of amazing service, customer satisfaction, on-time closings, employee retention, and happiness. We employ people who are passionately committed to Cornerstone’s Mission, Vision & Core Convictions. Our brand is known for on-time closings - a key core conviction of Cornerstone. We have successfully navigated our company through many industry cycles and changes in regulations.
We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.
Who we are looking for:
We are seeking an experienced Mortgage Closer with strong time management, organization, good work ethic, and flexibility to support our Customers and our Loan Officers deliver outstanding service.
What you’ll do:
- Prepare Closing packages
- Provide funding authorization to Title/Escrow Agents
- Review signed closing packages for accuracy
- Understanding fee tolerances, how to handle tolerance violations, when 3 day wait periods apply
- Ensure the closing package is fully complete and accurate and compliant, which includes but is not limited to:
- Lender and seller credits are itemized
- POC credits are itemized
- Fees are listed in the correct sections
- Fee entries are correct
- Escrows set up properly
- Ensure all date entries are completed to ensure accurate reporting and to ensure Loan Officer (and team) have visibility to the steps that have been completed
- Update status notes within the TRID form regarding communication with Loan Officer, borrower or settlement agent
What you’ll need to be successful:
Success in this job relies on your time management skills, organization, and positive attitude. In addition, you’ll need the following qualifications:
- 5 years of closer/funder experience preferred
- Experience and extensive knowledge of new RESPA/GFE laws
- Clear focus on detail and ability to recognize inconsistencies in data/documents
- Detailed knowledge of Closing and Legal Documents (HUD-1, Note, Deed of Trust, Assignment, Title Binder) and Disclosure Documents (TIL, GFE, Right of Rescission, State-specific)
- Ability to work in a “High Volume" environment
- Great work ethic
- Working with LoanSoft software a plus
- Detailed knowledge of:
- FHA/VA/USDA Loan Documents
- Credit Documents (DU/LP Findings, 1003, 1008, Credit Report, VVOE, Appraisal)
- Insurance Documents (Hazard, Flood, MI)
- MDIA Disclosure timing and APR rules
- TILA/RESPA LE/CD fee tolerance comparisons and change of circumstance
- Understanding of compliance, underwriting, origination, or processing roles
What we offer: Because we recognize and reward hard work, we offer a competitive salary, full benefits package, and a performance-based bonus.
What to do next: If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.