Closer

The Loan Store, Inc.; Plano (TX); On-site; USD 55,000 - 75,000; Full time

Job summary

The Loan Store, Inc. seeks a Mortgage Closer to prepare, review, and close residential loans in a fast-paced, on-site Plano office. You will coordinate with title companies and investors to ensure accurate closings and timely funding.

Role covers Non-QM and Non-Delegated loans, TRID/RESPA compliance, and close collaboration with internal teams and external partners for a smooth closing experience.

Qualifications

• Active LO License required.
• Must be willing to be on site in Plano, TX.
• 2–3 years of mortgage closing experience, including Non-QM and Non-Delegated loans.
• Strong knowledge of agency and investor closing requirements (Fannie Mae, Freddie Mac, FHA/VA, USDA).
• Proficient with Encompass and paperless, high-volume environments.
• Excellent attention to detail and data accuracy.

Responsibilities

• Prepare and audit accurate closing documentation in accordance with the loan approval, underwriting conditions, and applicable guidelines.
• Handle a pipeline that includes Non-QM and Non-Delegated loans, ensuring compliance with program-specific documentation and investor requirements.
• Review and approve final Closing Disclosures (CDs) and Final HUD1 in collaboration with title/settlement agents.
• Confirm accurate wiring instructions.
• Communicate effectively with internal and external partners to ensure timely closings.
• Identify and resolve discrepancies in fees, loan terms, or borrower information to ensure data integrity.
• Stay up to date with evolving investor guidelines, compliance requirements (e.g., TRID, RESPA, HMDA), and non-traditional underwriting/closing standards.
• Manage re-disclosures and last-minute changes with efficiency and compliance.
• Review and respond to Post-Closing, Insuring and Quality Control audit findings.

Skills

Mortgage closing knowledge

Attention to detail

Time management

Education

High School Diploma

Associate or Bachelor preferred

Tools

Encompass

Job description

MUST BE WILLING TO BE ON SITE IN PLANO, TX

Job Summary

The Mortgage Closer is responsible for preparing, reviewing, and ensuring the timely and compliant closing of residential mortgage loans, including Conventional, Government (FHA, VA, USDA), Non-Qualified Mortgage (Non-QM), and Non-Delegated loans. This role plays a key part in the final stage of the mortgage process, coordinating between internal teams, title companies, and external partners to deliver a smooth closing and funding experience for all stakeholders.

Key Responsibilities

• Prepare and audit accurate closing documentation in accordance with the loan approval, underwriting conditions, and applicable guidelines.
• Handle a pipeline that includes Non-QM and Non-Delegated loans, ensuring compliance with program-specific documentation and investor requirements.
• Review and approve final Closing Disclosures (CDs) and Final HUD1 in collaboration with title/settlement agents.
• Confirm accurate wiring instructions.
• Communicate effectively with internal and external partners to ensure timely closings.
• Identify and resolve discrepancies in fees, loan terms, or borrower information to ensure data integrity.
• Stay up to date with evolving investor guidelines, compliance requirements (e.g., TRID, RESPA, HMDA), and non-traditional underwriting/closing standards.
• Manage re-disclosures and last-minute changes with efficiency and compliance.
• Review and respond to Post-Closing, Insuring and Quality Control audit findings.

Qualifications

• High school diploma or equivalent required; associate or bachelor’s degree preferred.
• Must have active LO License.
• MUST BE WILLING TO BE ON SITE IN PLANO, TX
• Minimum 2–3 years of experience in mortgage closing, including direct experience with Non-QM and Non-Delegated loans.
• Strong knowledge of agency (Fannie Mae, Freddie Mac), FHA/VA, USDA, and non-agency investor closing requirements.
• Understanding of complex loan products and documentation standards, particularly for Non-QM loans.
• High level of accuracy and attention to detail, especially in calculating fees, cures and loan terms.
• Proficient in loan origination systems such as Encompass, and comfortable working in a paperless, high-volume environment.
• Effective communication, organization, and time-management skills.
• Ability to adapt quickly to changes in procedures, volume, and investor requirements.