Who we are:
Guaranteed Rate Affinity, LLC (“Guaranteed Rate Affinity”) is a joint venture between Guaranteed Rate, Inc (NMLS: 2611) and Anywhere Real Estate Inc. Through this joint venture, Guaranteed Rate Affinity provides mortgage origination services to the clients of more than 700 Coldwell Banker and select Sotheby’s International Realty offices owned by NRT LLC, a subsidiary of Anywhere and the nation’s largest residential real estate brokerage company. In addition, Guaranteed Rate Affinity markets its services to consumers and unaffiliated realtor referral sources.
What’s the Role?
Guaranteed Rate Affinity is currently seeking a hard-working, dedicatedClosing Coordinator to join our innovative and passionate team and work remotely.
Essential Duties and Responsibilities
- Inputting title company fees with proper finance charge selection
- Understanding fee tolerances, how to handle tolerance violations, when 3 day wait periods apply.
- Review compliance audits specific to TRID messages, fee compliance and APR tolerances to ensure there are no issues.
- Preparation of the Closing Disclosure via Encompass
- Ensure the Closing Disclosure is fully complete, accurate, and compliant. Including but is not limited to:
- POC amounts properly applied
- Fees disclosed in the proper sections
- Fees correctly marked finance or non-finance charge
- Escrows set up per Guaranteed Rate policy
- Keep TRID form in LOS system up to date
- Ensure all data entry is completed to ensure accurate reporting and to ensure Loan Officer (and team) have visibility to the steps that have been completed.
- Update status notes within the TRID form regarding communication with Loan Officer, Closing, and Post-Closing.
- Monitor pipeline to ensure:
- CDs are going out according to policy
- CDs are being delivered to applicable parties in a timely manner
- Interacting with the Loan Officer (and team)
- Interacting with the Settlement Agent
Competencies:
- Clear focus on detail and ability to recognize inconsistencies in data/documents.
- Knowledge of Qualified Mortgage regulations
- Detailed knowledge of Closing and Legal Documents:
- Loan Estimate
- Closing Disclosure
- Title Commitment
- Insurance Documents (Hazard, Flood, Mortgage Insurance)
- Knowledge of MDIA Disclosure timing and APR rules
- Knowledge of TRID fee tolerance comparisons and change of circumstance
- Understanding of compliance, origination, closing, or processing roles.
NOTE: This job description is not intended to be an exhaustive list of all duties, responsibilities or qualifications associated with this job. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Guaranteed Rate Affinity is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law.
