Closer (Residential Mortgage)

Axos Bank; United States; On-site; USD 29,000 - 32,000; Full time

Benefits offered by this job

Medical, Dental, Vision, and Life Ins.

Paid Sick Leave, 3 weeks Vacation, and

Holidays (about 11 a year)

HSA or FSA account

401(k) Employer Match

Mortgage Loan Program and free Axos A/

Job summary

Axos Bank is seeking a Closer to join our loan operations team. You will play a cross-functional role handling the closing process, generate disclosures, draw and review documents, and ensure regulatory compliance across Flood, HMDA, TRID, and RESPA.

Responsibilities include auditing loan documents, clearing conditions with Processing and Underwriting, and occasionally cross-training on funding loans. Exceptional organizational and detail-oriented skills are essential in a fast-paced environment.

Qualifications

• In-depth knowledge of RESPA and TRID guidelines.
• Experience in a closing department of a lender.
• Capable of drawing closing documents through a third-party software (DocMagic).
• Excellent organizational skills and attention to detail.
• Ability to work in a team and meet deadlines in a fast-paced environment.

Responsibilities

• Generate initial and final closing disclosures.
• Draw closing documents.
• Audit loan docs for accuracy.
• Clear conditions with Processing and Underwriting Departments.
• Perform regulatory validation including Flood, HMDA, TRID, RESPA, etc.
• Cross-train on funding loans.

Skills

RESPA & TRID knowledge

Attention to detail

Excellent organizational skills

Strong math skills

Teamwork

Ability to multi-task

Verbal and written communication

Ability to work under pressure

Tools

DocMagic

Job description

Axos Bank Target Range: $21.00/hr - $23.00/hr Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education. Eligible for an Annual Discretionary Cash Bonus Target: 10% Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 10% These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.

About This Job

The Closer is responsible for a cross-functional role with opportunities to work in all aspects of the closing process on a daily basis as the workload dictates to include but not limited to: generating initial and final closing disclosures, drawing docs, reviewing docs, funding loans, and other various functions.

Responsibilities:

• Generate initial and final closing disclosures
• Draw closing documents
• Audit loan docs for accuracy
• Clear conditions with Processing and Underwriting Departments
• Regulatory validation to include Flood, HMDA, TRID, RESPA, etc.
• Other duties as assigned to include cross training on funding loans

Qualifications

• In-depth knowledge of RESPA and TRID guidelines
• Experience in a closing department of a lender
• Must have in-depth knowledge of RESPA and TRID guidelines
• Capable of drawing closing documents through a third-party software (i.e. DocMagic)
• Excellent organizational skills
• Attention to detail is a must, along with a keen eye for identifying problems on a loan
• Ability to work in a team environment
• Strong math skills and computer literacy
• Ability to work under pressure, multi-task and meet deadlines in a fast paced environment
• Superb verbal and written communication skills
• Willingness to perform multiple functions throughout the day as the need arises
• Knowledge of investor guidelines and suspense clearance for loan purchase

Axos Employee Benefits May Include:

• Medical, Dental, Vision, and Life Insurance
• Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)
• HSA or FSA account and other voluntary benefits
• 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
• Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading

About Axos

Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We’re a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers.

Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).

Learn more about working at Axos

Equal Employment Opportunity:

Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state, and local laws.

Job Functions and Work Environment:

While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc. The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

E-Verify and Right to Work Notices

Axos participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States. The E-Verify program is an internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. IER Right to Work Poster (English/Spanish) E-Verify Participation Poster (English/Spanish)

Pre-Employment Background Check and Drug Test: All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.

We’re a team of relentless innovators that are challenging the status quo through smart, pro-consumer financial products and services. We got our start in 2000, as an online bank – when the idea of banking online was almost unthinkable. Since then, we’ve evolved to add commercial banking, commercial lending, investment, clearing, and fiduciary services to our toolbox. As modern life continues to present new challenges for clients, we step up and find creative ways to solve them.