Sr. Commercial Closing Specialist
About the role
Responsible for placing needed search work with commercial vendors, reviewing purchase agreements, track orders, opening new title orders and review when received to advance to a Title Examiner. Ensures that performance of all duties in accordance with the company’s policies and procedures, all U.W. state and federal laws and regulations, wherein the company operates.
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.
Responsibilities
- Review order files, identifies and request documents needed.
- Track and manage documents including recorded documents, trailing documents due post close.
- Handles preparation of wires, preparing Closing Disclosures per directions and recording of documents.
- Ability to meet deadlines independently while ensuring client satisfaction.
- Verifies liens, updates lien releases/taxes and other information as needed.
- Correspond with lenders, borrowers, and or individuals/entities as directed by Director or Title Examiners.
- Review owner/loan policies for accuracy and escrow letter requirements before distributing to clients.
- Organize and audit the files after closing for return of recorded documents, excess funds collected, follow-up for release documents.
- Prepares ALTA Settlement Statements in accordance with Client’s instructions and wires funds.
- Can review, prepare recording fee calculations, and record courtesy documents packages from clients.
- Assist in resolution of issues related to orders, closings, funding, and any other category of work done in the commercial group with minimal assistance from department lead and/or management.
- Cross train with Team Lead to build relationships and skill sets that result in efficiencies for the department; serves as back-up as needed.
- Performs other duties and projects as assigned.
Requirements
- Experience in the Mortgage industry
- Mortgage title experience preferred
- Bachelor’s Degree preferred
Skills
- Ramquest production system knowledge preferred
- Intermediate skills in Microsoft Office applications including but not limited to: Excel and Powerpoint
Benefits
- Compensation package based on experience and skill set
- Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive