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Drawer skills for your resume and career
15 drawer skills for your resume and career
1. Title
- Reviewed prepared documents for accuracy prior to documents being forwarded to title/escrow or branch locations for borrower signatures.
- Reviewed loan documents including preliminary title report and appraisal for accurate property information.
2. Escrow
An escrow refers to a third party who holds in their custody money or asset on behalf of other parties involved in a business transaction. Every month a lender deposits an escrow amount of the mortgage into another party's account and handles the insurance premiums plus the estate taxes.
- Reviewed prepared documents for accuracy prior to documents being forwarded to title/escrow or branch locations for borrower signatures.
- Call borrowers or third party (escrow, notary, loan officers, real estate agents, borrowers etc.)
3. FHA
The Federal Housing Administration (FHA) stands for a government agency in the United States that offers housing insurance to FHA-approved lenders who follow certain conditions.
- Funded Conventional, FHA, and VA loans for dry and wet closings.
- Archived purchased loans and assembled FHA binders and VA binders to be insured.
4. TRID
- Validated of data integrity for Final Closing Disclosure in compliance with TRID and Final Loan Estimator.
- Re-disclosed for changes of circumstances; rate lock, extensions while complying with Trid and investors guidelines.
5. RESPA
- Cleared all closing conditions and authorized the funding of the loans to be within compliance with all RESPA guidelines
- Retained extensive knowledge of how to complete new 2010 RESPA docs.
6. Regulatory Compliance
- Review loan documents for funding and regulatory compliance.
- Prepare loan documents for singing Check the loan docs for accuracy after signing Review loan documents for funding and regulatory compliance.
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- Review and balance Final HUD-1, Auditing signed loan documents for accuracy, completeness, and compliance.
- Entered closing cost fees from final HUD-1 and compared fees with final GFE ensuring tolerance compliance.
8. Data Integrity
Data integrity denotes the consistency or accuracy validation of data in the whole lifecycle of data. It ensures the security of traceability and search-ability of all data in a person's device to the source.
- Prepare loan for funding; confirming data integrity and completion of required data input.
- Ensured accurate data integrity for all required fields for document drawing process.
9. Assembly Line
Assembly line is a process used in industries to ensure the production of products in a cost effective manner by dividing up the responsibilities of each labor. Assembly lines enabled industries to hire more workers, therefore providing more employment opportunities to labors. This is possible because in this process the burden of all the tasks related to production are not laid on a single person, they are divided into small baby steps for each labor.
- Worked as part of a team on a fast paced assembly line.
- Worked on assembly line: tracking cabinets and installing drawers.
10. USDA
- Processed Conventional, FHA/FHA Rehabilitation, VA, Oregon Bond, USDA, ODVA, and Reverse Mortgages.
- Prepared and shipped all USDA insuring packages, including check for Guarantee Fee, to Guaranteed Rural Housing (GRH).
11. Loan Data
- Job Responsibilities:Worked as a Loan processor and Documents Drawer, used Contour system to work on loan data.
- Required to re-verify and evaluate loan data and documentation for accuracy and provide written correspondence to management.
12. Loan Approval
- Review signed loan documents, HUD, loan approval and investor guidelines.
- Apply conditions necessary for loan approval.
13. Calyx Point
- Convert full paper loan documents by scanning into Calyx Point program to keep as an electronic file.
- Worked with Calyx Point Mortgage Software.
14. Mers
- Subject matter expert for MERS (Mortgage Electronic Registration System) Life of Loan, supervise teammates in a fast-paced environment.
- Update MERS (Mortgage Electronic Registration System) with MIN number for ownership tracking purposes.
15. TIL
- Reviewed all disclosures; TIL, service disclosures, state required disclosures, initial 1003, and 4506.
- Audited and analyzed TIL, GFE and HUD documentation for accuracy to insure compliance.
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List of drawer skills to add to your resume
The most important skills for a drawer resume and required skills for a drawer to have include:
- Title
- Escrow
- FHA
- TRID
- RESPA
- Regulatory Compliance
- HUD-1
- Data Integrity
- Assembly Line
- USDA
- Loan Data
- Loan Approval
- Calyx Point
- Mers
- TIL
- Fund Loans
- Loan Packages
- GFE
- Investor Guidelines
- Account Executives
- Loan Applications
- Cabinet Doors
- Cash Drawers
- Mortgage Loans
- Residential Loans
- VOE
- Shop Drawings
- Loan Processing
- Settlement Statements
- Loan Programs
- Warehouse Bank
- State Regulations
- Bank Deposits
Updated January 8, 2025