Agency Closing Officer
Capital One
Agency Closing Officer
Job Description
Overview
The Agency Closing Officer will be responsible to operate under limited supervision in performing activities related to overseeing and managing the operational aspects of Fannie Mae and Freddie Mac multifamily mortgage loan closings. Must be able to handle the pressure of a busy mortgage finance company and meet strict corporate and GSE regulatory deadlines while maintaining a high quality of service. Must have superior customer service skills, be detail oriented and self‐motivated.Responsibilities:● Maintain close communication with customers, originators, third party vendors and underwriters to ensure proper and timely settlement.● Send written requests or make phone calls to customers, attorneys and other third parties to obtain additional information as required.● Review and apply new information received regarding investor and underwriting guidelines, company policies, processing procedures, etc.● Verify underwriting and funding conditions are signed off prior to settlement.● Ability to perform real estate tax and insurance escrow analysis for closing.● Review title requirements for state specific mortgage attachments and /or state mortgage tax requirements.● Work with insurance analyst to ensure borrower obtains required insurance coverage (casualty, liability, flood, wind, etc.)● Gather and prepare information for completion of closing documents including 3rd party fees, payoffs and subordinations● Confirm loan information in all bank and GSE delivery systems/portals are accurate.● Review and work with closing counsel in the preparation and delivery of closing documents.● Review final settlement statement and Disbursement Ledger for accuracy and compliance, including the verification of seller and lender credits, funds on deposit, and payoff of debt (if applicable).● Follow up with closing/escrow agent to verify settlement of loan, disbursement of funds and advise of any problems or concerns.● Meet established productivity levels and turnaround times as set by Manager.Basic Qualifications:Bachelor’s degree or Military experience
At least 3 years of Agency Commercial Mortgage Loan Closing experience
4+ years of Agency Commercial Mortgage Loan Closing experience
4+ years of experience in Salesforce
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Locations
- McLean, Virginia McLean, VirginiaMcLean
Salary
Estimated Salary Rangemedium confidence
130,000 - 220,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Agency Commercial Mortgage Loan Closingintermediate
- Real estate tax and insurance escrow analysisintermediate
- Title requirements reviewintermediate
- Closing documents preparationintermediate
- Customer serviceintermediate
- Attention to detailintermediate
- Salesforce experienceintermediate
Required Qualifications
- Bachelor’s degree or Military experience (experience)
- At least 3 years of Agency Commercial Mortgage Loan Closing experience (experience)
- 4+ years of Agency Commercial Mortgage Loan Closing experience (preferred) (experience)
- 4+ years of experience in Salesforce (preferred) (experience)
Responsibilities
- Oversee operational aspects of Fannie Mae and Freddie Mac multifamily loan closings
- Maintain communication with customers, originators, vendors, and underwriters
- Verify underwriting and funding conditions prior to settlement
- Review title requirements and work with insurance analysts
- Prepare closing documents and review final settlement statements
- Follow up with closing agents to verify settlement and disbursement
Benefits
- general: Comprehensive, competitive, and inclusive health benefits
- general: Financial benefits
- general: Other benefits supporting total well-being
Answer 10 quick questions to check your fit for Agency Closing Officer @ Capital One.
10 Questions
~2 Minutes
Instant Score
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Agency Closing Officer
Capital One
Agency Closing Officer
Job Description
Overview
The Agency Closing Officer will be responsible to operate under limited supervision in performing activities related to overseeing and managing the operational aspects of Fannie Mae and Freddie Mac multifamily mortgage loan closings. Must be able to handle the pressure of a busy mortgage finance company and meet strict corporate and GSE regulatory deadlines while maintaining a high quality of service. Must have superior customer service skills, be detail oriented and self‐motivated.Responsibilities:● Maintain close communication with customers, originators, third party vendors and underwriters to ensure proper and timely settlement.● Send written requests or make phone calls to customers, attorneys and other third parties to obtain additional information as required.● Review and apply new information received regarding investor and underwriting guidelines, company policies, processing procedures, etc.● Verify underwriting and funding conditions are signed off prior to settlement.● Ability to perform real estate tax and insurance escrow analysis for closing.● Review title requirements for state specific mortgage attachments and /or state mortgage tax requirements.● Work with insurance analyst to ensure borrower obtains required insurance coverage (casualty, liability, flood, wind, etc.)● Gather and prepare information for completion of closing documents including 3rd party fees, payoffs and subordinations● Confirm loan information in all bank and GSE delivery systems/portals are accurate.● Review and work with closing counsel in the preparation and delivery of closing documents.● Review final settlement statement and Disbursement Ledger for accuracy and compliance, including the verification of seller and lender credits, funds on deposit, and payoff of debt (if applicable).● Follow up with closing/escrow agent to verify settlement of loan, disbursement of funds and advise of any problems or concerns.● Meet established productivity levels and turnaround times as set by Manager.Basic Qualifications:Bachelor’s degree or Military experience
At least 3 years of Agency Commercial Mortgage Loan Closing experience
4+ years of Agency Commercial Mortgage Loan Closing experience
4+ years of experience in Salesforce
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Locations
- McLean, Virginia McLean, VirginiaMcLean
Salary
Estimated Salary Rangemedium confidence
130,000 - 220,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Agency Commercial Mortgage Loan Closingintermediate
- Real estate tax and insurance escrow analysisintermediate
- Title requirements reviewintermediate
- Closing documents preparationintermediate
- Customer serviceintermediate
- Attention to detailintermediate
- Salesforce experienceintermediate
Required Qualifications
- Bachelor’s degree or Military experience (experience)
- At least 3 years of Agency Commercial Mortgage Loan Closing experience (experience)
- 4+ years of Agency Commercial Mortgage Loan Closing experience (preferred) (experience)
- 4+ years of experience in Salesforce (preferred) (experience)
Responsibilities
- Oversee operational aspects of Fannie Mae and Freddie Mac multifamily loan closings
- Maintain communication with customers, originators, vendors, and underwriters
- Verify underwriting and funding conditions prior to settlement
- Review title requirements and work with insurance analysts
- Prepare closing documents and review final settlement statements
- Follow up with closing agents to verify settlement and disbursement
Benefits
- general: Comprehensive, competitive, and inclusive health benefits
- general: Financial benefits
- general: Other benefits supporting total well-being
Answer 10 quick questions to check your fit for Agency Closing Officer @ Capital One.
10 Questions
~2 Minutes
Instant Score
Related Books and Jobs