Position Summary
We are seeking an experienced Mortgage Loan Closer with extensive knowledge of Bond, FHA, Conventional, VA, Non-QM and USDA loan programs. The ideal candidate is highly organized, detail-oriented, and proactive, with the ability to manage a high-volume pipeline while ensuring accuracy, compliance, and on-time closings. This individual will collaborate closely with Loan Officers, Loan Officer Assistants, Processors, Underwriters, and Title Companies to deliver an exceptional borrower experience and consistently meet critical deadlines.
SCHEDULE: Monday - Friday, 9 am - 6 pm MST
Key Responsibilities
- Prepare, review, and finalize closing packages for: Bond Loans, FHA Loans, Conventional Loans, VA Loans, USDA Loans, Non-QM
- Calculate and communicate borrower funds required for closing, including Minimum Required Investment (MRI) requirements.
- Review underwriter conditions to ensure files are fully approved and ready for closing.
- Proactively manage bond loan files, ensuring all required documentation is current, complete, and compliant with program guidelines.
- Prepare and/or Review Initial Closing Disclosures (ICDs) and Closing Disclosures for accuracy and compliance.
- Balance closing figures, funding amounts, and wire instructions to ensure accurate and timely funding.
- Coordinate closing activities with Loan Officers, Loan Officer Assistants, Processors, Underwriters, and Title Companies.
- Review title commitments, insurance information, and settlement documents to identify and resolve issues before closing.
- Maintain accurate loan data and documentation within Encompass LOS.
- Ensure all loans comply with agency, investor, state, federal, and company guidelines.
- Identify and resolve closing issues effciently to prevent delays and ensure timely closings.
Required Qualifications
- Minimum 3+ years of mortgage closing experience.
- Strong knowledge of mortgage loan documentation and rules of TRID
- Strong working knowledge of:
- Bond Loan Programs
- FHA
- Conventional
- VA
- USDA
- Strong understanding of Initial Closing Disclosures (ICDs) and Closing Disclosure preparation and review.
- Experience balancing wires and coordinating loan funding.
- Working knowledge of title, escrow, and settlement processes.
- Proficiency with Encompass Loan Origination System (LOS).
- Demonstrated ability to manage multiple loans simultaneously while meeting strict deadlines.
Preferred Skills & Competencies
- Exceptional attention to detail and commitment to accuracy.
- Strong organizational and time-management skills.
- Excellent verbal and written communication skills.
- Ability to work independently and as part of a team.
- Strong analytical and problem-solving capabilities.
- Customer-focused mindset with a sense of urgency.
- Ability to prioritize competing deadlines in a fast-paced environment.
If you are an experienced Mortgage Loan Closer with strong Bond Loan expertise, ICD experience, Encompass proficiency, and a passion for accuracy and meeting deadlines, we encourage you to apply.
Pay: From $27.00 per hour
Benefits:
- 401(k)
- Dental insurance
- Employee discount
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Application Question(s):
- Mortgage closings often involve competing deadlines and last-minute changes. How do you prioritize your workload to ensure loans close accurately and on time?
- Tell us about a time you identified a discrepancy or compliance issue before closing. What actions did you take, and what was the outcome?
- Can you describe your experience preparing and reviewing closing packages, including the loan types you've worked with (Conventional, FHA, VA, USDA, etc)?
Work Location: Remote
