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.
- 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.
- A Bachelor’s degree.
- 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.
What Makes You a Great Fit
Preferred Qualifications
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.