Closing Coordinator / Platinum – Remote
Job Description
REQUIREMENTS
- Minimum 2 years of mortgage operations experience preferred
- Knowledge of rate locks, redisclosures, TISA requirements, pricing exceptions, and scheduling workflows.
- Excellent problem-solving and critical-thinking skills
- Strong organizational abilities with attention to detail, accuracy and deadlines.
- Ability to effectively manage multiple priorities in a fast-paced environment.
- Strong verbal and written communication skills.
- Strong understanding of mortgage disclosures, regulatory requirements, and closing processes.
- Ability to analyze complex loan scenarios and determine appropriate resolutions.
- Skill in the use of personal computers and related software applications, specifically Internet Explorer, Microsoft Outlook, and Microsoft Word
- Knowledge of customer service standards and procedures
- Must always demonstrate cooperative behavior with colleagues and supervisors
- Team player who shows a positive attitude and collaborative skills
- Demonstrates reliability and punctuality.
RESPONSIBILITIES
- Review Platinum files to identify and resolve product-specific requirements prior to scheduling.
- Analyze and address TISA-related issues, redisclosure requirements, rate and margin changes, and other platinum-driven events.
- Review Capital Markets and Credit Risk exceptions and coordinate approvals or corrective actions as necessary.
- Validate loan terms, conditions, underwriting requirements, and approval stipulations that may impact closing eligibility.
- Research complex loan scenarios and determine the appropriate resolution path in partnership with internal stakeholders.
- Serve as the primary point of coordination between Sales, Processing, Credit Risk, Capital Markets, Closing, and external partners regarding Platinum loan issues.
- Collaborate with departments to resolve disclosure concerns, pricing updates, lock expirations, and operational exceptions.
- Review loan readiness and identify potential obstacles that could delay closing.
- Review redisclosures and other required loan disclosures for accuracy and completeness.
- Validate that required waiting periods, approvals, and compliance requirements have been satisfied before scheduling.
- Ensure documentation and loan terms align with approved exceptions and product guidelines.
- Respond to partner, broker, and internal escalations regarding Platinum loans.
- Assist with lock desk functions including lock requests, lock extensions, lock modifications, and related research.
- Coordinate with Capital Markets regarding lock exceptions and pricing matters.
- Ensure lock information is accurately reflected within loan systems and communicated appropriately.
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