A coordinator who owns the last mile of a mortgage file, the stage where a delay costs a lock extension.
What they do
- Schedule settlement and keep the date moving
- Assemble the closing package
- Track outstanding conditions against the timeline the rate lock assumes
- Escalate anything that threatens the lock
- Keep the borrower current on dates and documents
Works with
Attorneys, title companies and settlement agents. Licensed origination activity, credit decisions and final execution stay with your onshore staff.
