Melissa Stoll
Elyria
Summary
Accomplished Mortgage Closer with extensive experience at Nationwide Mortgage Bankers, skilled in closing disclosure preparation and quality control review. Demonstrated attention to detail and effective time management in delivering accurate final documents, ensuring compliance with TRID guidelines, and resolving complex issues, contributing to seamless loan closings.
Overview
27
27
years of professional experience
Work History
Mortgage Closer
Nationwide Mortgage Bankers
11.2019 - Current
- Accurately prepare and deliver Initial Closing Disclosure to borrower(s) for acknowledgement
- Review title binder and closing documents for accuracy
- Send final closing instructions and collaborate with title partner to balance final CD
- Analyze and resolve issues involving CD adjustments, loan amount changes, rate and/or closing date changes
- Prepare and email final closing documents for various types of loans including Conventional, FHA/VA, OHFA and Rural Housing
- Request funding wire
- Communicate and follow up through every phase of closing
- Interface with Brokers, Loan Originators, Processors and Title Companies and/or Attorneys
- Review loans for quality control purposes
- Satisfy post-closing requests
- Re-disclose CD for pricing adjustments, rate lock extensions and change of circumstances within TRID guidelines
Wholesale Closer
Union Home Mortgage
Strongsville
10.2018 - 11.2019
- Prepare and email final closing documents for various types of loans including Conventional, FHA/VA, OHFA and Rural Housing
- Communicate and follow up through every phase of closing
- Review title binder and closing documents for accuracy
- Analyze and resolve issues involving CD adjustments, loan amount changes, rate and/or closing date changes
- Interface with Brokers, Loan Originators, Processors and Title Companies and/or Attorneys
- Review loans for quality control purposes
- Knowledge of processes and practices to review closing disclosures, order wires for closing and review executed documents for funding approval
- Review and approve Final Closing Disclosures, Inspections and Escrow Holdbacks
- Follow up on post-closing documentation for closed loans
- Train and assist other closers
Closer/Escrow Officer
NVR Mortgage Finance
Brecksville
05.2012 - 04.2018
- Prepare and email final closing documents for various types of loans including Conventional, FHA/VA, OHFA and Rural Housing
- Communicate and follow up through every phase of closing
- Review title binder and closing documents for accuracy
- Prepare, Review and Approve Closing Disclosure
- Review loans for quality control purposes
- Request wires and fund all loans
- Prepare and ship all loans to Corporate
- Follow up on post-closing documentation for closed loans
- Train and assist other closers
Mortgage Loan Processor (Contract)
Bank of England
Medina
05.2011 - 09.2011
- Process conforming, non-conforming and FHA loans from home
- Order title, payoffs and HOI
- Request and Review DU/DO Findings
- Help clear title issues
- Schedule closings
- Reviewed HUD-1 Settlement Statements for accuracy
- Prepare post closing packages
- 24 hour assistance to loan officers
Closer/Funder
Bank of America
Independence
11.2010 - 04.2011
- Initiate contact with Title Companies in ordering title and scheduling loans for closing
- Prepare and email final closing documents for various types of loans including Conventional, FHA/VA and Rural Housing Loans to be signed by borrowers at closing
- Communicate and follow up through every phase of closing
- Review loans for quality control purposes
- Request wires and fund all loans
- Prepare and ship all loans to Corporate
Contract Closer/Funder for Bank of America
Adecco Services
Beachwood
10.2009 - 11.2010
- Initiate contact with Title Companies in ordering title and scheduling loans for closing
- Prepare and email final closing documents for all types of loans including Conventional, FHA/VA and Rural Housing Loans to be signed by borrowers at closing
- Communicate and follow up through every phase of closing
- Review loans for quality control purposes
- Request wires and fund all loans
- Prepare and ship all loans to Corporate
Processing Manager
1st Metropolitan Mortgage
Medina
09.2008 - 05.2009
- Manage a small loan officer staff
- Process conforming, non-conforming and FHA loans
- Process mortgage loans from open to close
- Order title, payoffs and HOI
- Help clear title issues
- Schedule closings
- Prepare post closing packages
- 24 hour assistance to loan officers
Processing Manager
Flagship Mortgage
Bethlehem
02.2008 - 10.2008
- Process conforming, non-conforming and FHA loans from office and home
- Process mortgage loans from open to close
- Order title, payoffs and HOI
- Help clear title issues
- Schedule closings
- Prepare post closing packages
- 24 hour assistance to loan officers
Processing Manager
Allied Mortgage Group
Boca Raton
03.2007 - 02.2008
- Manage a loan officer staff of 15
- Process conforming, non-conforming and FHA loans
- Process mortgage loans from open to close
- Order title, payoffs and HOI
- Help clear title issues
- Schedule closings
- Prepare post closing packages
- 24 hour assistance to loan officers
Processing Manager
1st Metropolitan Mortgage
Medina
08.2006 - 03.2007
- Manage a small loan officer staff
- Process conforming, non-conforming and FHA loans
- Process mortgage loans from open to close
- Order title, payoff and HOI
- Help clear title issues
- Schedule closings
- Prepare post closing packages
- 24 hour assistance to loan officers
Processing Manager
Mortgage Placement Services
Middleburg Heights
10.2000 - 08.2006
- Managed Processing/Reception Departments
- Processed Conventional and Sub-Prime Mortgage Loans
- Prepared monthly reports
- Constant contact with Title Companies
- Scheduled and signed borrowers closings
- Ordered funds
- Reviewed HUD-1 Settlement Statements for accuracy
- Field client complaints
- Reviewed pipelines with all Loan Officers
- Loan Approval/Denial investigation
- Ensured a smoothly run office
- 24 hour assistance to all Loan Officers
Loan Closing Supervisor
HMAC
Independence
02.1998 - 10.2000
- Initiate contact with Title Companies in ordering all title work
- Communicate with inside and outside escrow companies to insure closing dates and closing packages coincide and are received in a timely manner
- Calculate final closing costs due from borrower for wire request to a variety of investors
- Prepared and print final closing documents for all types of loans including Conventional, Government and Bond Loans to be signed by borrowers at closing
- Coordinate shipment of original collateral documents with warehouse bank
- Proofread post-closing packages for accuracy, and deliver to investors, meeting rate lock expiration deadlines
- Communicate and follow up through every phase of closing
- Review loans for quality control purposes
Education
High School Diploma -
Lakewood High
Lakewood, OH06-1985
Skills
- Closing disclosure preparation
- Title document review
- Final document preparation
- Quality control review
- Funding request processing
- TRID compliance
- Time management
- Attention to detail
References
References available upon request.
Timeline
Mortgage Closer
Nationwide Mortgage Bankers
11.2019 - Current
Wholesale Closer
Union Home Mortgage
10.2018 - 11.2019
Closer/Escrow Officer
NVR Mortgage Finance
05.2012 - 04.2018
Mortgage Loan Processor (Contract)
Bank of England
05.2011 - 09.2011
Closer/Funder
Bank of America
11.2010 - 04.2011
Contract Closer/Funder for Bank of America
Adecco Services
10.2009 - 11.2010
Processing Manager
1st Metropolitan Mortgage
09.2008 - 05.2009
Processing Manager
Flagship Mortgage
02.2008 - 10.2008
Processing Manager
Allied Mortgage Group
03.2007 - 02.2008
Processing Manager
1st Metropolitan Mortgage
08.2006 - 03.2007
Processing Manager
Mortgage Placement Services
10.2000 - 08.2006
Loan Closing Supervisor
HMAC
02.1998 - 10.2000
High School Diploma -
Lakewood High
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