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Flagstar Bank, N.A. Sr. Closer-15272_MN in St. Paul, Minnesota

Position TitleSr. CloserLocationWork From Home United StatesJob SummaryThis individual will be responsible for reviewing information pertinent to the closing process with an emphasis on the required compliance issues relative to the generation of a closing transaction on a residential mortgage. This position requires in depth knowledge and experience associated with the compliance requirements relative to Reg Z, X, B Mortgage Disclosure Information Act, Home Ownership Equity Protection Act, Qualified Mortgage, Ability to Repay. As part of the closing process the closer is responsible for also reviewing, Title Work, Insurance documents, & Property Tax statements validating they meet Flagstar's policies and to accurately prepare the closing settlement statement. This is a production based role with a strong quality component required to guarantee success. It requires excellent organizational and communication skills to ensure closing deadlines are met while providing high quality closing document package. It requires the ability to work well under pressure within a limited timeframe to meet service level expectations.Pay Range: $16.31 - $22.87 - $29.44Job Responsibilities:Job Responsibilities:Review documents required for closing a loan to ensure compliance and the documentation is meeting Flagstar's requirementsComplete the data input of the required information in order to generate an accurate closing packageA nalyzing GFE and TIL disclosures for the purposes of RESPA, MDIA, & TILAWork with Settlement Agents and brokers to obtain any required information to complete the closing process and obtain a final HUD1 Settlement StatementReview and balancing of the Final HUD-1 figures for regulatory, investor, and Flagstar requirementsInvestigate and resolve loan issues while dealing with others internal and externalEnsure compliance with applicable federal, state and local laws and regulations. Complete all required compliance training. Maintain knowledge of and adhere to Flagstar's internal compliance policies and procedures. Take responsibility to keep up to date with changing regulations and policies.Job Requirements:2-5 years of closing, funding or similar mortgage banking backgroundExperience with closing Conventional, FHA and/or VA productsKnowledge of current compliance changes to Reg Z, Respa, GFE, and MDIAExperience closing Renovation and/or Construction loans a plusExperience with closing loans in the states of New York and Texas a plusExcellent written and verbal communication skillsAbility to multi-task while still maintaining careful attention to detailAbility to operate both independently and as part of a teamAbility to organize and prioritize workStrong computer skills relative to data entryEqual Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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