Jobs · Finance · New York

Mortgage Loan Closer

Tomo Mortgage · New York, NY · 1 mo ago
HybridFinance$60k–$65k/moFull-time

What You'll Do

  • Thoroughly review all pre-closing documents to ensure accuracy of information, including fees, rates, property details, and vesting, before document preparation.
  • Input required closing data in the loan origination system.
  • Review Compliance Ease reports and remediate any fails or alerts.
  • Check title report for correct endorsements and approved items, and to verify that Borrower and property are correct.
  • Conduct compliance reviews of Loan Estimates, TILA, and fraud tools, ensuring the loan complies with federal and state rules.
  • Prepare and issue the Initial Closing Disclosure.
  • Collapse coordination of loan closing with title company.
  • Draw and release closing documents to the Settlement Agent.
  • Submit request to warehouse bank and release funds.
  • Authorize funding of loan.
  • Aid in resolving any post-closing issues as needed.
  • What Makes You a Great Fit

    • 3+ years of recent mortgage closing/funding experience.
    • Attention to detail and organizational skills.
    • Staying current on federal, state, investor and internal policies and procedures.
    • Maintaining transparency between all teammates involved in a customer’s journey.

    Preferred Qualifications

    • A Bachelor’s degree.

    Compensation

    The expected base salary range for this position will be $60,000 - 65,000 USD, with additional uncapped monthly bonus opportunities targeting approximately 15% of the base salary, with total On-Target Earnings for this role being ~$75,000-80,000.

    Employee Benefits

    • Equity Ownership: All teammates receive stock options—we win together.
    • Comprehensive Medical, Dental, and Vision plans for you and your dependents with some plans 100% covered.
    • Work-life balance and a generous paid time off policy.
    • In order to support teammates who become parents, Tomo Mortgage provides paid parental leave.
    • 401(k) retirement plan.

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