Wholesale Mortgage Closer - Remote

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Position Overview:

11 Mortgage strives to remain a dynamic environment given the frequent changes during the loan process. The Wholesale Closer will be instrumental in maintaining the dynamic environment and helping meet the closing date by preparing and approving the closing disclosure, preparing all closing documents and scheduling loan closings. This position coordinates with other departments to immediately remedy any issues that may exist with the file.

Ideal candidates for this position will be highly detail-oriented, have excellent organizational skills, and an understanding of mortgage closing conditions.

Essential Functions of the Role:

  • Review loan files for accuracy and compliance prior to closing.
  • Prepare and approve the Closing Disclosure
  • Prepare all closing documents in a timely manner.
  • Communicate with the Broker, Account Executive, and settlement agent to schedule closing date and time.
  • Coordinate with various departments to reconcile any file defects.
  • Calculate loan interest, principal payment, escrow fees, and closing costs prior to closing.
  • Other duties as assigned.

Classification: Full Time, Non-Exempt

Essential Knowledge/Skills/Abilities:
  • Highly detail-oriented
  • Excellent organizational skills
  • Proven ability to prioritize and multi-task
  • Works well with little direction
  • Strong communication skills
  • Ability to work across organizational boundaries
  • Understanding of legal documents
  • Knowledge of residential closing conditions

Experience Requirements:

  • Minimum of three (3) years of mortgage closing experience required.
  • Wholesale Closing experience required.
  • Experience with Encompass preferred.
  • Complete understanding of TRID guidelines

Education / Licensing Requirements:

  • High school diploma or equivalent required. Some college preferred.

Working Conditions:

  • Fast-paced environment.
  • Requires normal vision (corrected) both close and distant.
  • Requires normal hearing levels (corrected).
  • Requires working at a desk to use a phone and computer for extended periods of time.
  • Requires sitting, bending.
  • Works effectively with frequent interruptions.
  • Lifting requirements of 10 lbs. occasionally.
  • Minimal travel <5%.

Along with a great culture and competitive pay, full-time employees are also eligible for the following benefits:

  • Medical, dental, and vision insurance
  • Short-term and long-term disability
  • 401(k) and Roth 401(k) plan and Company match
  • Company-provided life insurance
  • 8 paid holidays
  • AND MORE!

Pay: $55,000.00 to $65,000.00 annually depending on experience, and is eligible for discretionary production bonuses

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Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...

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