Loan Closer

JMAC Lending is seeking a skilled Loan Closer to join our Closing department. In this role, you will carefully review and understand loan documents, facilitating open communication about loan files with JMAC's valued customers.

Key Responsibilities:

• Review and Prepare Loan Documents
  • Prepare and review files for docs
  • Review data input to assure loan document information is accurate for signing
  • Provide an accurate review to ensure compliance with Federal, State, Investor and company policies
  • Up to date with all compliance with Federal, State, Investor and company policies
  • Conventional, VA, & FHA loans
• Provide and Sign-Off Outstanding Funding Conditions
  • Complete funding review within the required turn time
  • Review outstanding funding conditions in a timely manner to make scheduled funding
  • Properly communicate and update applicable parties of funding status
  • Complete loan package for funding
  • Screen and/or protect documents for loan requirements
• Resolve Discrepancies and Post-Closing Closer
  • Communicate with applicable parties regarding loan closing and loan delivery
  • Deliver loan file to investor with no funding purchase suspense
  • Assist in resolving any purchase suspense issues required before investor lock expiration
• Review TRID Compliance
  • Finalize Final Closing Disclosure and issue Post Consummation Closing Disclosure if required
  • Properly review Final Closing Disclosure to ensure RESPA Compliance and validate tolerance thresholds
  • Upload and complete system entries with Final Closing Disclosure
  • Retrieve correct principal reduction check and correct system entry if required
  • Complete and verify Uniform Closing Dataset (UCD) for loan delivery
  • Review all LE's & CD's for correspondent loans if applicable
  • Run compliance test for correspondent loans if applicable

Requirements:

• 2 years of hands-on experience in mortgage as a Loan Closer
• Thorough understanding of the guidelines and TRID with a minimum of 2 years of practical experience
• Exceptional oral and written communication skills
• Dependable and trustworthy
• Meticulous attention to detail
• Proficient in using computers
• Capability to work autonomously

Benefits:

• Competitive Base Salary with an attractive Bonus Plan
• Comprehensive Health Care Plan, offering Medical, Dental & Vision coverage
• Life Insurance coverage, including Basic, Voluntary & AD&D options
• Generous Paid Time Off, including Vacation & Holidays
• Retirement Plan with a 401k contribution
• Short Term & Long-Term Disability coverage
• Family Leave options for a healthy work-life balance
• Access to Wellness Resources to promote your wellbeing

About JMAC Lending:

JMAC Lending, Inc. is an Equal Employment Employer. We are committed to workforce diversity. Qualified applicants will receive consideration without regards to age, race, religion, sex, sexual orientation, gender identity or national origin.