Sr. Commercial Closing Specialist

Position Summary

Responsible for placing needed search work with commercial vendors, reviewing purchase agreements, tracking orders, opening new title orders, and reviewing when received to advance to a Title Examiner. Ensures compliance with company policies, U.S. state and federal laws and regulations.

Responsibilities

• Review order files, identify and request necessary documents.
• Track and manage documents, including recorded and trailing documents due post-close.
• Prepare wires, prepare Closing Disclosures according to directions, and record documents.
• Verify liens, update 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 distribution to clients.
• Organize and audit files after closing for returned recorded documents, excess funds collected, and follow-up for release documents.
• Prepare ALTA Settlement Statements in accordance with client instructions and wire funds.
• Review, prepare recording fee calculations, and record courtesy documents packages from clients.
• Aid in resolving issues related to orders, closings, funding, and other tasks within the commercial group with minimal assistance.
• Perform cross-training with Team Lead to enhance departmental efficiency and serve as backup as needed.

Requirements

• Experience in the Mortgage industry
• Mortgage title experience preferred
• Ramquest production system knowledge preferred
• Intermediate skills in Microsoft Office applications including Excel and PowerPoint
• Bachelor’s Degree preferred

About LoanDepot

loanDepot (NYSE: LDI) is a digital commerce company dedicated to simplifying the home ownership journey. Founded in 2010, loanDepot has transformed the mortgage industry with a digital-first approach, making home purchases or refinances more accessible, efficient, and stress-free. Headquartered in Southern California with offices across the country, loanDepot aims to serve the communities where its employees live and work through various philanthropic initiatives. The base pay for this role ranges from $23.08/hr to $31.73/hr, reflecting individualized factors such as job-related knowledge, skills, qualifications, experience, and market location.

Benefits

• Compensation package based on experience and skill set
• Inclusive, diverse, and collaborative culture
• Extensive internal growth and professional development opportunities including tuition reimbursement
• Comprehensive benefits package including Medical/Dental/Vision
• Wellness program for mental and physical health
• Generous paid time off for both exempt and non-exempt positions

Equal Opportunity Employer

loanDepot is an equal opportunity employer and values diversity in its workforce. It does not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.