Closing Specialist II- Downers Grove, IL

Company: J.P.Morgan
Location: Downers Grove
Posted on: May 3, 2021

Job Description:

Closing Specialist II- Downers Grove, ILJ.P.Morganin Downers Grove, IL, United StatesPermanent, Full timeBe the first to applyCompetitiveClosing Specialist II- Downers Grove, IL The HL Closing Specialist II verifies all conditions and signed documents associated with closing are reviewed for accuracy prior to the disbursement of funds. Individual communicates any problems detected during the critical document review and works with customers to resolve any issues which may cause a disbursement delay.The Closing Specialist II who operates in the Funder role is responsible for making outbound calls to title companies and closing attorneys to verify the loan closing has occurred. The individual will request and receive outstanding closing packages.Principal Duties and ResponsibilitiesWorking with the customer and/or settlement agent to cure all post signing related issuesCommunicating to the settlement agent or closing attorney to verify that funds can be disbursedRetrieve disbursement delay monetary shortages from settlement agentsCommunicate with vendor, such as the settlement agent concerning issues with documents not being signed or signed in-correctly, or a Schedule A condition not being metAnalyze and notate documentation that is outstandingVerify receipt of all closing documents to ensure they are correct and executed properlyReview all outstanding closing conditions regarding required documentation. This may include the Closing Disclosure, Mortgage, Note, Right to Cancel, Truth in Lending and any Closing requirement showing on the Schedule A in the Closing package. Determine if conditions are met and update system of record with document status accordinglyMake closing confirmation calls to ensure the closing took place and update system of recordRequest and upload critical document packages from settlement agentsComplete specific state required documents as authorized signerMake outbound calls to borrower with loan status updates as neededKnowledge & ExperienceHigh school diploma or equivalentMinimum of 2 years customer service experienceMinimum of 2 years mortgage processing knowledge in conventional, government, purchase and refinanceMinimum of 2 years mortgage closing experience, with state specific requirements (TX, MD, IN) preferredPossess strong attention to detail and strong problem solving skillsAbility to work in a fast paced environmentBasic office skills including Microsoft Office SuiteAbility to work independently or as part of a teamAbility to understand and explain Closing Disclosure preferredDemonstrated understanding of the end-to-end mortgage loan processThorough understanding and proven ability to explain loan requirements as listed on the closing instructionsSDL2017

Keywords: J.P.Morgan, Downers Grove , Closing Specialist II- Downers Grove, IL, Other , Downers Grove, Illinois