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![]() TITLE(s): MORTGAGE LOAN CLOSER (financial) Schedules loan closing and compiles and types closing documents: Reviews approved mortgage loan to determine conditions that must be met prior to closing, such as purchase of private mortgage insurance. Calls borrower, real estate broker, and title company to request specified documents, such as receipt for payment of outstanding tax bill. Verifies accuracy and consistency of specifications on documents, such as title abstract and insurance forms. Calls borrower, broker, and other specified individuals to arrange time and date for closing. Answers questions regarding closing requirements. Enters numbers and calculates loan interest and principal payment, and closing costs, using computer or factor table and calculator. Types closing documents. Assembles documents for delivery to title company, real estate broker, or lending officer for closing. Records loan information in log and on government reporting forms, using computer. May compile closed loan forms for delivery to marketing department for sale to investors. GOE: 07.01.04 STRENGTH: S GED: R4 M3 L4 SVP: 5 DLU: 88 ONET CROSSWALK: 53121 Loan and Credit Clerks |
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CODE: 249.362-018 Buy the DOT: Download
TITLE(s):
MORTGAGE LOAN CLOSER (financial)
Schedules loan closing and compiles and types closing documents: Reviews approved mortgage loan to
determine conditions that must be met prior to closing, such as purchase of private mortgage
insurance. Calls borrower, real estate broker, and title company to request specified documents,
such as receipt for payment of outstanding tax bill. Verifies accuracy and consistency of
specifications on documents, such as title abstract and insurance forms. Calls borrower, broker, and
other specified individuals to arrange time and date for closing. Answers questions regarding
closing requirements. Enters numbers and calculates loan interest and principal payment, and closing
costs, using computer or factor table and calculator. Types closing documents. Assembles documents
for delivery to title company, real estate broker, or lending officer for closing. Records loan
information in log and on government reporting forms, using computer. May compile closed loan forms
for delivery to marketing department for sale to investors.
GOE: 07.01.04 STRENGTH: S GED: R4 M3 L4 SVP: 5 DLU: 88
ONET CROSSWALK: 53121 Loan and Credit Clerks
© 1995 - 2015 Photius Coutsoukis and Information Technology Associates (All Rights Reserved). Revised 26-May-03