Oh Snap!
This job is no longer active - but you can still view the details below.

Closing Desk Analyst

| Chicago

Job Description

Guaranteed Rate is the 7th largest retail mortgage lender in the U.S. By offering industry-leading tools, low-rate mortgages and unparalleled customer service, we’ve become the Home Purchase Experts®. At Guaranteed Rate, we think big—pushing beyond what most people believe is possible. We strive to work with the best of the best, building business with the best referral partners and hiring the best employees—allowing us to deliver world-class customer service. Our goal is to make sure every customer has a great experience. Headquartered in Chicago with 5,000+ employees in 300+ offices across the U.S. and licensed in all 50 states, we’ve helped thousands of homeowners with more than $24 billion in home purchase loans and refinances in just the past year alone.

Who we are:

Guaranteed Rate is not your typical company and certainly not your typical mortgage company. We have tons of energy and we love what we do – get people great priced mortgages and wow them with our impeccable customer service. Also, our location rocks – right off the brown line. No really, the train rumbles past our windows. Our home base is an old textile building that’s been turned into a hip office with exposed brick and duct work, windows we can actually open during the summer and an open floor plan – no cubicle life here. There are a few offices, but we totally outnumber the office dwellers. The awesomeness doesn’t end there, we also have:

  • Free 20 minute monthly massages. It’s true, we don’t want you to be a cramped-up mess.
  • A free on-site nurse. Psshh who needs a doctor’s appointment when our nurse can do it all? Did we mention the free part?
  • An in-house café offering breakfast, lunch and a late afternoon healthy snack. All meals are subsidized so you’ll never pay full price.
  • Access to the office gym for only $25 a year – no really - the whole year. Oh and for a puny fee you can take yoga, Cross Fit or boxing. We like our folks happy and healthy.
  • A 5,000 square foot rooftop deck that’s available to everyone all day and all evening with wifi, two bars, music, grills and fun umbrellas and fire pits – provided it’s not covered in snow.
  • Holiday parties? We got’em! Not just major holidays, any holiday….Marti Gras, Valentine’s Day, St. Paddy’s Day, Opening Day, Boxing Day (for our Canadian employee), Sweetest Day, Groundhog Day, etc..
  • Inter-office contests like the Great Mac-Off, Chili Cook-Off and limbo. We always keep you guessing and participating.
  • 401k with some matching, Blue Cross health care coverage – yup, dental and vision too, Short-term disability, life insurance – we got ya covered on this one, legal assistance – for a small monthly fee and did we mention the awesome rooftop deck?

While we don’t allow jeans, we also don’t allow suits. We want you to just look your best every day and you’ll fit right in.

Required Skills and Traits — We Work with the Best of the Best:

  • 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.

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

 

Guaranteed Rate 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.

Read Full Job Description

Location

3940 N. Ravenswood , Chicago, IL 60613

What are Guaranteed Rate Perks + Benefits

Guaranteed Rate Benefits Overview

• Our location rocks – right off the brown line at Irving Park. Our home base is a hip office with exposed brick and duct work, windows we can actually open during the summer, and an open floor plan. Rather than a cubicle life, we work in an open and collaborative environment.
• An in-house café offers breakfast, lunch and a late afternoon healthy snack. We subsidize all meals so you’ll never pay full price.
• Access to the office gym for only $20 a year. Yes, a whole year! There is also yoga, cross fit, and boxing offered for a very small fee. We want our folks happy, healthy, and feeling good.
• A FREE on-site nurse. Psshh who needs a doctor’s appointment when our nurse can do it all?
• A 5,000 square foot rooftop deck that’s available to everyone all day and all evening with WiFi, two bars, music, grills, fun umbrellas, a ping pong table, corn hole, and fire pits. All of this is offered when Chicago gives us those non-snow covered days.
• Holiday parties? We got’em!! Not just major holidays, any holiday. We also have monthly celebrations on our Rooftop.
• Inter-office contests like the Great Mac-Off, Chili Cook-Off and Limbo. We always keep you guessing, participating, and wanting more.
• 401k with percentage matching, Blue Cross health care coverage (yup, dental and vision too), short-term disability, life insurance, and even legal assistance (for a small monthly fee)…and did we mention the awesome rooftop deck?

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Highly diverse management team
Unconscious bias training
Someone's primary function is managing the company's diversity and inclusion initiatives
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Pet Insurance
Wellness Programs
Onsite Gym
Team workouts
Acme Co.'s team fitness initiatives include In-office yoga, In-office fitness classes.
Retirement & Stock Options Benefits
401(K) Matching
Vacation & Time Off Benefits
Paid Holidays
Paid Sick Days
Perks & Discounts
Commuter Benefits
Happy Hours
Professional Development Benefits
Mentorship program
More Jobs at Guaranteed Rate65 open jobs
All Jobs
Finance
Data + Analytics
Design + UX
HR
Legal
Marketing
Operations
Project Mgmt
Sales
Content
Design + UX
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
Operations
new
Chicago
Project Mgmt
new
Chicago
Operations
new
Chicago
Sales
new
Chicago
Finance
new
Chicago
HR
new
Chicago
Data + Analytics
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
Data + Analytics
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
Operations
new
Chicago
Finance
new
Chicago
Marketing
new
Chicago
Data + Analytics
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
HR
new
Chicago
Sales
new
Chicago
Operations
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
Finance
new
Chicago
Operations
new
Chicago
Finance
new
Chicago
Finance
new
Chicago
Sales
new
Chicago
Sales
new
Chicago
HR
new
Chicago
Project Mgmt
new
Chicago
Project Mgmt
new
Chicago
Operations
new
Chicago
Sales
new
Chicago
Finance
new
Chicago
Finance
new
Chicago
Marketing
new
Chicago
Content
new
Chicago
Data + Analytics
new
Chicago
Sales
new
Chicago