Sr. Loan Closer

JMAC Lending is seeking a talented Loan Closer for our Closing department. You will understand and review loan documents as a Closer. The Loan Closer will keep an open dialogue about loan files with JMAC's customers. If you are looking to join a company that values results and integrity, this is a place for you.

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

Requirements

Requirements:

• 2 years related experience in mortgage as a Loan Closer
• Must be knowledgeable in the guidelines and TRID with a minimum of 2 years experience.
• Excellent oral and written communication skills
• Must be reliable
• Attention to detail
• Excellent computer skills
• Ability to work independently

Benefits

Perks with JMAC Lending:

• Base Salary plus Bonus Plan
• Health Care Plan (Medical, Dental & Vision)
• Life Insurance (Basic, Voluntary & AD&D)
• Paid Time Off (Vacation & Holidays)
• Retirement Plan (401k)
• Short Term & Long-Term Disability
• Family Leave
• Wellness Resources

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.