Closing – Agents

About Us
Moder was founded in December 2020, with the mission to positively impact the financial health of companies in need by powering their in-house processes using top talent, workflow best practices, and progressive technology.
We are a tech forward outsourcing company specializing in supporting the US mortgage, insurance, and banking industries.
Moder offers end-to-end or component-based outsourcing. We can do everything from managing one-off projects to becoming an extension of your customer service or operations team.
Our team is built by outsourcing industry experts who’ve been on the client and provider sides. They bring decades of experience in financial services and expect the highest caliber of service and delivery from our team.
We’re a company based in the US with offices in India, and the Philippines.
Experience:
Option 1 - Closing Experience or US Mortgage. 8 months or more
Option 2 - Sub-set of Closing (taxes, insurance, title, CD review, etc..). 2 to 3 years US Mortgage experience
Option 3 - Servicing experience, US Mortgage I 2 to 3 years US Mortgage experience
Option 4 - Candidate with high degree, good analytical skills, from a reputed college, high GPA. No US mortgage experience
Recruiting potential leaders and moving them up the ladder in 6 months is another option for leadership
Job Role & Responsibilities
Validate Scheduling Notes in LOS and keep the title co notified about closing date/location/time
Review Loan Officer comments in LOS for specific instructions
Check if Rate lock and Loan Approval Date is valid
Review if Initial CD is disclosed
Check if Early Close date is on or before closing date
Check if Borrower is current on his Mortgage Payments
Validate Borrower/Co-borrower and NBS requirement
Update Vesting information as per Unsigned Deed and/or Clear to Close document
Validate Property Address on all the supporting documents
Review Appraisal for Occupancy Type, Property Type to match LOS
Validate Recession Date, Disbursement Date & First Payment Date base on Closing Date
Set-up Escrow in LOS by validating Tax Certificate, VOM, Netronline
Set-up Hazard Insurance based on Active Insurance Policy and the Servicing website
Pull Payoff if escrows are disbursed after last Payoff pulled date and update on LOS
Update Title Fees and Payee Names on LOS from Title Fee Sheet at CI stage and from Draft CD at Collaboration stage
Update TRID - Refinance Payoff and Escrow Credit Transfer as per Latest Payoff
Update TRID Contacts (Settlement Agent / Lender) in LOS
Review and cure Tolerance as applicable
Review and update Highest Lender Credit honored as per LE and CD
Run FHA Refinance authorization – Only on FHA Loans
Review loan amount per guidelines and for any correction request U/W for re-final approval
Cash to Close to be setup based on loan product / sales notes
Run Automated Compliance Review
Print and Validate documents for accuracy
Print and Post Closing Instruction into Title Co website
Update & complete all prior to CI Tracking Conditions
Responsible for moving the file into Closing Instructions
Validate Title Draft CD for final CD collaboration
Print and Validate final docs for accuracy
Print and Post final package in Title Co website
Update & complete all prior to Documents Out to Closing Tracking Conditions
Responsible for moving the file into Documents Out to Closing milestone
Any deficiencies in loan postdocs out must be addressed and revised docs are sent to title co
Communicate with title co about new docs and hold the responsibility until the loan gets closed with new docs
Benefits
Paid Training
Competitive Base Pay
Miscellaneous Allowance
Paid Time Off
Paid Holidays
HMO Benefits
Employee Referral Bonus
Excellent Growth and Advancement Opportunities
Application Process:
We will review applications and contact candidates for interviews. Thank you for your interest in this opportunity.