Sr Loan Closer

JOB DESCRIPTION

JMAC Lending has thrived in the industry for over 25 years, providing exceptional service, innovative products, and unwavering support to our clients. At the heart of our culture and business philosophy is the commitment to surpassing the current market options, ensuring that we remain the top choice lender for our clients. Our dedicated associates possess distinguished credentials and actively engage in continuous education, balancing knowledge with valuable experience.
Our unwavering commitment to the highest ethical standards is the cornerstone of our company. With meticulous care, we efficiently execute the delivery of product pricing for wholesale and correspondent lending for our esteemed clients.
As we continue to grow, JMAC Lending is seeking a skilled Loan Closer to join our Closing department. In this role, you will carefully review and understand loan documents, facilitating open communication about loan files with JMAC's valued customers. If you are searching for a company that values exceptional results and unwavering integrity, this is the perfect place for you to thrive.
Key Responsibilities:
Review and Prepare Loan Documents
 
Prepare and review files for docs
 
Review data input to assure loan document information is accurate for signing
 
Provide an accurate review to ensure compliance with Federal, State, Investor and company policies
 
Up to date with all compliance with Federal, State, Investor and company policies
 
Conventional, VA, & FHA loans
 
Provide and Sign-Off Outstanding Funding Conditions
 
Complete funding review within the required turn time
 
Review outstanding funding conditions in a timely manner to make scheduled funding
 
Properly communicate and update applicable parties of funding status
 
Complete loan package for funding
 
Screen and/or protect documents for loan requirements
 
Resolve Discrepancies and Post-Closing Closer
 
Communicate with applicable parties regarding loan closing and loan delivery
 
Deliver loan file to investor with no funding purchase suspense
 
Assist in resolving any purchase suspense issues required before investor lock expiration
 
Review TRID Compliance
 
Finalize Final Closing Disclosure and issue Post Consummation Closing Disclosure if required
 
Properly review Final Closing Disclosure to ensure RESPA Compliance and validate tolerance thresholds
 
Upload and complete system entries with Final Closing Disclosure
 
Retrieve correct principal reduction check and correct system entry if required
 
Complete and verify Uniform Closing Dataset (UCD) for loan delivery
 
Review all LE's & CD's for correspondent loans if applicable
 
Run compliance test for correspondent loans if applicable
 
This is a Full-Time/Fully Remote opportunity offering competitive pay ranging from $60,000-$68,000 annually.
Requirements
 
2 years of hands-on experience in mortgage as a Loan Closer
 
Thorough understanding of the guidelines and TRID with a minimum of 2 years of practical experience
 
Exceptional oral and written communication skills
 
Dependable and trustworthy
 
Meticulous attention to detail
 
Proficient in using computers
 
Capability to work autonomously
 
Benefits
Perks with JMAC Lending:
 
Competitive Base Salary with an attractive Bonus Plan
 
Comprehensive Health Care Plan, offering Medical, Dental & Vision coverage
 
Life Insurance coverage, including Basic, Voluntary & AD&D options
 
Generous Paid Time Off, including Vacation & Holidays
 
Retirement Plan with a 401k contribution
 
Short Term & Long-Term Disability coverage
 
Family Leave options for a healthy work-life balance
 
Access to Wellness Resources to promote your wellbeing
 
About JMAC Lending
JMAC Lending, Inc. is an Equal Employment Employer. We are committed to workforce diversity. Qualified applicants will receive consideration without regards to age, race, religion, sex, sexual orientation, gender identity or national origin. 
DISCLAIMER: JMAC Lending is an evolving company. As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.