Senior Loan Closer/Funder

This is a fully remote position, open to applicants in California.

📋 Description

• Act as the ultimate operational oversight for final documents and funding, managing intricate disbursements while ensuring compliance with internal financial controls.

• Oversee the closing workflow, which includes package generation, fee reconciliation, and adherence to TRID timelines.

• Prepare and review Closing Disclosures, loan documents, and escrow instructions to ensure they align with federal, state, and investor regulations.

• Manage the entire funding process, encompassing wire requests, funding reviews, and authorization.

• Spearhead complex closing transactions as a subject matter expert in loan documentation, compliance, and funding.

• Utilize investor purchase conditions and post-closing quality control findings to guide the team and implement preventive measures for salability.

• Assist with post-closing functions, such as clearing investor conditions, following up on trailing documents, and resolving purchase suspense issues.

• Coordinate efforts with title companies, escrow agents, and borrowers.

• Collaborate with processing, origination, post-closing, compliance, and legal teams.

• Partner with engineering and vendor implementation teams on projects related to closing and funding systems, including defining requirements, validating configurations, conducting user acceptance testing, and addressing post-release issues.

• Support daily activities in closing, funding, and post-closing, while managing escalations effectively.

• Maintain the loan pipeline, tasks, and objectives, ensuring critical deadlines are met accurately.

• Contribute to the development of systems related to the mortgage process, enhancing document generation, funding, and investor delivery.

⛳️ Requirements

• Minimum of 4 years of mortgage loan closing and funding experience in a Senior or Team Leader role.

• Hands-on experience with post-closing activities, including addressing investor conditions, trailing documents, and resolving purchase suspense issues.

• Experience in a broker or correspondent setting is advantageous.

• Proficient in preparing wire orders and conducting funding authorization reviews.

• Strong knowledge of Loan Origination Systems (LOS), document preparation software, and closing platforms.

• Proficiency in reading and interpreting XML and MISMO files.

• Familiarity with take-out investor delivery and purchase requirements.

• Understanding of warehouse line funding workflows.

• Experience in training and mentoring team members.

• Advanced understanding of federal and state regulations, including TRID and state-level disclosure requirements.

• Experience collaborating with implementation teams, engineering, and vendors.

• Exceptional customer service, interpersonal, organizational, and communication skills.

• Capability to work both independently and as part of a team.

• Ability to adapt to changes within the industry.

• A keen intellectual curiosity and a desire to leverage technology to improve business processes.

🏝️ Benefits

• Equal opportunity employer.

• Diversity-valuing workplace.

• 15–20 minute take-home assignment as part of the interview process.