Non-QM Mortgage Transaction Manager
W3Global · New York, NY · 2 mo ago
Accounting$70k–$80k/yrFull-time
Key Responsibilities
- Work closely with title companies and attorneys to facilitate timely loan closings
- Coordinate funding activities with warehouse lenders and title companies
- Ensure all closing requirements are satisfied accurately and efficiently
- Manage the transaction process from approval through funding
- Conduct back-to-back rate locks with investors for individual loan transactions
- Cook with investors and internal teams to ensure loan pricing accuracy
- Monitor transaction timelines and funding requirements
- Collaborate with third-party pre-closing and post-closing vendors to complete required reviews
- Track outstanding conditions and documentation requirements
- Ensure compliance with lender and investor guidelines
- Maintain compliance with TRID regulations and mortgage industry requirements
- Review files for completeness and regulatory adherence
- Support quality control initiatives and process improvements
Required Qualifications
- Bachelor's degree required
- Minimum 3 years of experience as a Mortgage Closing Manager, Transaction Manager, or similar role
- Experience working with Non-QM mortgage products
- Strong understanding of mortgage closing and funding processes
- Knowledge of TRID regulations and mortgage compliance requirements
- Strong organizational and communication skills
- Ability to manage multiple transactions simultaneously
Preferred Qualifications
- Experience with DSCR loans
- Experience with rehab loans
- Experience with ground-up construction loans
- Experience with multifamily financing
- Experience with commercial real estate lending transactions
- Familiarity with warehouse lending processes
Compensation & Benefits
Base Salary: $70,000 to $80,000 annually
Incentive: $10 per closed and funded loan
Performance-Based Bonus
Health Insurance
Paid Time Off (PTO)
Work Location: New York City, NY
On-site Position