Lynette Mcdonald
Mariposa
Summary
Dynamic Mortgage Loan Closer with extensive experience at Citizens Bank, excelling in closing documentation and regulatory compliance. Proven track record of ensuring data accuracy and resolving issues swiftly, fostering strong relationships with clients and stakeholders. Adept at preparing final disclosures and managing escrow accounts, driving successful loan closings. Resourceful Mortgage Loan Closer known for high productivity and efficient task completion. Specialize in regulatory compliance, document verification, and risk assessment to streamline closing processes. Excel in communication, problem-solving, and time management, ensuring smooth and timely loan closures.
Overview
17
17
years of professional experience
Work History
Mortgage Loan Closer
11 Mortgage
Plano
12.2024 - 02.2025
- Reviewed final closing disclosure statement for accuracy prior to closing day.
- Worked closely with clients to ensure a smooth transition during the loan process.
- Conducted pre-closing audits for compliance with applicable regulations.
- Maintained up-to-date knowledge of industry regulations and procedures.
- Coordinated with title companies to ensure timely delivery of documents to settlement agents.
- Adhered to established policies and procedures when preparing closing documents.
- Verified accuracy of information on mortgage documents.
- Collaborated with lenders, attorneys, real estate agents, and title companies to ensure successful closing of loans.
- Prepared Closing Disclosure statements and other required documents in accordance with federal regulations.
- Resolved any discrepancies found during the closing process in a timely manner.
- Established escrow accounts for taxes and insurance payments as needed.
- Handled pipeline of active deals in closing stage.
- Reviewed title commitment and insurance policies to support pre-closing documentation.
- Scanned and uploaded loan and related documents into system.
- Prepared and delivered loan documents to title and escrow teams.
- Assembled and compiled documents for loan closings.
Admin Assistant/Payroll
Allison Sierra, Inc.
Mariposa
04.2023 - 12.2024
- Managed office supplies inventory and placed orders when necessary.
- Coordinated mailings including sorting mail, preparing packages for shipping via courier service or postal service.
- Entered data into spreadsheets using Microsoft Excel or other similar programs.
- Pleasantly welcomed visitors, answered phone calls, and maintained front reception desk.
- Created spreadsheets in Microsoft Excel for record-keeping and reporting.
- Processed invoices for payment using accounting software applications.
- Managed incoming calls while providing information or transferring callers to appropriate personnel.
- Handled confidential documents in an organized fashion according to established protocol.
- Updated contact lists regularly when changes occur in employee status or contact information.
- Provided assistance with quarterly payroll tax filings.
- Processed payroll information in a timely manner.
- Conducted audits of payroll systems to identify errors or inconsistencies in payroll data.
- Reviewed and approved timesheets for payroll processing.
- Handled payroll help desk and answered questions regarding correct and accurate payroll time entry.
- Processed employee payroll using HR software applications.
- Prepared weekly timesheets for payroll processing purposes.
- Approved timesheets for payroll using system.
- Provided training to new payroll department staff on payroll systems and procedures.
- Processed payroll information on a weekly basis.
- Managed and maintained confidential employee payroll records.
- Managed payroll processes including timesheets, vacation requests, attendance tracking and payroll entry.
Senior Loan Closer
Citizens Bank
Providence
09.2019 - 02.2023
- Reviewed and verified loan documents to ensure accuracy and compliance with lender requirements.
- Prepared final settlement statement for buyer and seller review at time of closing.
- Ensured compliance with state and federal regulations related to real estate transactions.
- Prepared closing documents, including closing statements and deeds of trust.
- Verified accuracy of interest rate lock agreements, HUD statements, and other closing documents.
- Reviewed title commitment and insurance policies to support pre-closing documentation.
- Handled pipeline of active deals in closing stage.
- Managed and resolved concerns, problems or issues to avoid closing delays.
Mortgage Loan Funder
Franklin American Mortgage Company
Concord
03.2008 - 09.2018
- Confirmed accuracy of closing documents prior to dispersing funds.
- Verified accuracy of data entered into the system by other team members.
- Maintained records for all loan funding activities in the system database.
- Reviewed loan packages to ensure accuracy of information and completeness of documents.
- Processed various types of mortgage loans including FHA, VA, conventional and jumbo products.
- Communicated effectively with other departments within the organization to resolve issues quickly and efficiently.
- Ensured that all regulatory requirements were met before releasing funds.
- Assisted internal departments with questions regarding loan status and documentation requirements.
- Maintained up-to-date knowledge of various loan products and compliance regulations.
- Ensured compliance with federal and state lending regulations.
Education
Associate of Arts - Psychology/Business
Diablo Valley College
Pleasant Hill, CA05-1990
Skills
- Closing documentation
- Regulatory compliance
- Final disclosure preparation
- Title commitment review
- Escrow account management
- Data accuracy verification
Accomplishments
- Employee of The Year
- Top Closer
Timeline
Mortgage Loan Closer
11 Mortgage
12.2024 - 02.2025
Admin Assistant/Payroll
Allison Sierra, Inc.
04.2023 - 12.2024
Senior Loan Closer
Citizens Bank
09.2019 - 02.2023
Mortgage Loan Funder
Franklin American Mortgage Company
03.2008 - 09.2018
Associate of Arts - Psychology/Business
Diablo Valley College
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