Loan Closer
Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life. At Lennar Mortgage, you’ll build your career with a Fortune 150 company that provides an excellent work environment, plenty of opportunities for advancement, and competitive benefits and compensation.
About the role
The primary function of a Loan Closer is to send closing instructions and the closing document package to a closing agent within our required time frame. All information must be reviewed for accuracy, and all supporting documentation must be included. The Loan Closer works closely with loan processors, production staff, and closing agents to ensure that closing dates are met. Review and approval of the Closing Disclosure (“CD”) and Settlement Statement (“ALTA”) is a critical function.
Responsibilities
- Review for accuracy all information in the Loan Origination System required to close a loan.
- Wire necessary funds to the closing agent within the required time frame.
- Review and approve the final CD from the closing agent prior to authorizing the closing agent to fund the loan and release keys to the borrower.
- Become familiar with investors and State’s closing requirements, forms, and procedures and comply.
- Check all loan documents for correctness and accuracy prior to funding.
- Coordinate closings with escrow coordinators, Branch Managers, and Loan Officers.
- Interface with processors and borrowers as needed to collect conditions of approval.
- Anticipate loan-closing requirements and maintain the proper timeline to manage funding volume in order to meet funding goals.
- Monitor fees being charged, collected, and waived to ensure proper collection of fees and revenue.
- Follow up and obtain documents and/or corrections noted by the Post Closing Department or investors.
- Assist Closing Supervisor as needed.
- Work with Division Manager and Loan Officers on local marketing campaigns utilizing Mortgage Returns, lennarmortgage.com leads, etc.
Management reserves the right to change the duties and responsibilities set forth herein at any time.
Requirements
- High School Diploma or equivalent
- 3 - 5 years of closing and/or closing and processing Conventional/FHA/VA experience
- Strong computer background with 3 - 5 years of experience in mortgage software
- Attention to detail
- Knowledge of office procedures
- Current knowledge of closing and title requirements
- Valid driver’s license
Benefits
- Robust health insurance plans, including Medical, Dental, and Vision coverage
- 401(k) Retirement Plan with a $1 for $1 Company Match up to 5%
- Paid Parental Leave
- Associate Assistance Plan
- Education Assistance Program
- Up to $30,000 in Adoption Assistance
- Up to three weeks of vacation annually from the moment of hire
- Generous Holiday, Sick Leave, and Personal Day policies
- New Hire Referral Bonus Program
- Significant Home Purchase Discounts
- Everyone’s Included Day
Lennar Associates will have access to these benefits as outlined by Lennar’s policies and applicable plan terms.