View Our Website View All Jobs

Closing Analyst - Scottsdale

Calling all processors in the Scottsdale, AZ area! The Federal Savings Bank, a Federally Chartered Bank with a focus on residential home lending, is currently seeking experienced mortgage professionals to assist with the timely processing of residential mortgage loans for our busy Scottsdale, AZ consumer direct office. The Closing Analyst’s goal is to have a 1st time Clear-To-Close when submitting conditions as well as accurate (one touch) loan submission into the Closing Department. It is the responsibility of the Closing Analyst to obtain conditions (borrower and non-borrower) and finalize the loan for closing with a focus on efficiency and quality.

Duties and Responsibilities:

  • Work with automated underwriting systems (DU/LP) and major loan originations systems (Encompass)
  • Review loan application package for completeness
  • Order Pre-Closing VOE
  • Clear loan conditions and communicate effectively with Sales, Processing and Closing team
  • Review and Analyze title for all requirements and address issues and insurance coverage for mortgagee
  • Contact borrower after initial review for any missing docs/signatures
  • Review purchase contracts for dates, notes, and signatures.
  • Review Appraisal and Title
  • Set and maintain proper expectations with all parties on the loan file
  • Review file for possible fraud and inconsistencies
  • Respond to Analyst and Banker emails in a timely manner for questions
  • Effectively manage loan pipeline at various volume levels
  • Maintain strong knowledge of State/Federal regulations to maintain loan file compliance
  • Assist in the seamless transition of Mortgage Bankers and new employees to our model
  • Work effectively under specific time constraints
  • Work independently and as a team

Job Requirements:

  • 2 year college degree or commensurate industry experience
  • 1- 2 years recent Residential Mortgage Processing, Closing, or Title Experience
  • Recent Correspondent Lending experience
  • Knowledge of agency and investor loan programs and underwriting criteria for both conventional and government offerings
  • Experience managing a busy pipeline
  • Proficiency with Encompass LOS
  • Proficiency with Automated Underwriting Systems; DU/LP
  • Detail-Oriented
  • Positive Attitude
  • Excellent Interpersonal, Communication, and Time Management Skills
  • Creative, Solutions-Oriented Individual
  • Effective Problem Solver
  • Ability to work well in a team environment

 What We Offer:

  • Vacation days and sick days 
  • Health, Dental, and Vision insurance plans available
  • 401k and Roth IRA options available
  • Job security 
  • Employee appreciation events
  • Ongoing in-house training opportunities to broaden your industry knowledge
  • Salary plus bonus
Read More

Apply for this position

Required*
Apply with
Attach resume as .pdf, .doc, .docx, .odt, .txt, or .rtf (limit 5MB) or Paste resume

Paste your resume here or Attach resume file