IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects its dedication to the growth and success of its employees, customers and communities.   IBC bank hires talented, creative and dedicated individuals to help our business succeed.  We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence.   We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience. 

Time Type:

This is an in-office position.

Department:

Job Summary:

Job Description:

ESSENTIAL JOB FUNCTIONS

The statements on this job description are intended to describe the general nature of the level of work being performed by incumbents.  They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents.

• Reviews loan approval, rate lock, appraisal, title work, insurance, flood certificate, survey, and payoffs for validity

• Verifies county recording fees

• Reconciles source documents to data contained within LOS

• Prepares closing disclosures for management and borrower review

• Sends and track specific documents electronically to borrowers based on TRID timing rules

• Communicates with the borrower and or Closing Agent to set expectations for closing and confirm important details

• Coordinates closing date and time with all applicable parties

• Orders closing packages from doc prep attorneys specific to loan type

• Reviews documents for accuracy

• Balances Closing Disclosure (CD) with the title company and issue approval

• Delivers closing documents to title company via secure methods

• Ensures all closing and funding conditions are satisfied

• Reviews executed documents for completeness and accuracy

• Requests and prepare wires

• Issues funding authorization

• Maintains real time loan status within LOS

• Communicates details with borrowers, title companies, vendors, and internal staff throughout the process

• Assists with investor conditions and post-closing functions

• Ensures customer privacy, security of files, and appropriate staff access

• Assists Closing Manager in identifying process improvement needs and providing support to the training team to develop any necessary training required for such improvement (s).

• Mentors individual closers for questions and/or assistance they may require for loans, systems, or process-related items. Assists with escalations, priority requests, and staging needs.

• Trains new Closers

• Functions as a team lead

• Performs other related duties as assigned

SKILLS

• Strong attention to detail and possess good math skills

• Work independently with minimal management oversight

• Must communicate effectively over the telephone

• Must be professional, courteous, and confident to make a good last impression on the borrower

• Knowledge of mortgage forms and documents

• Knowledge of mortgage terminologies like DTI, LTV, and PITI

• Knowledge of FNMA, FHA, USDA, DPA, and VA guidelines

• Knowledge of real estate lending practices including federal and state regulations

• Ability to work in a fast-paced environment

• Bilingual/Spanish is a plus

• Maintain notary stamp

• Understand investor guidelines

• Team player

• Strong Data entry skills

• Effective time management

• Excellent organizational skills

EDUCATION

• High School graduate or equivalent required

• Applicant must have at least 3 years of experience in mortgage lending

• Knowledge of DU, LP, and Encompass or similar underwriting systems

• Notary commission by the states of Texas and Oklahoma