Mortgage Loan Closer

Treadstone Funding; Grand Rapids (MI); On-site; USD 50,000 - 70,000; Full time

Job summary

A reputable mortgage company in Grand Rapids is seeking a detail-oriented Mortgage Loan Closer. This role focuses on ensuring accurate loan documentation and compliance, with responsibilities including managing closing disclosures and collaborating with cross-functional teams. Candidates must have at least 2 years of mortgage loan closing experience, strong attention to detail, and excellent organizational skills. This position offers a dynamic work environment where precision and problem-solving are key to success.

Qualifications

• At least 2 years of experience in mortgage loan closing, loan processing, or mortgage operations.
• Experience in Encompass is preferred.
• Strong attention to detail and commitment to producing highly accurate work.

Responsibilities

• Ensure all loans remain compliant with regulatory and company guidelines throughout the closing process.
• Manage an active closing and funding pipeline.
• Prepare and balance the Final Closing Disclosure.

Skills

Attention to detail

Communication skills

Problem-solving

Organizational skills

Tools

Encompass

Job description

Overview

We are seeking a detail-oriented and highly organized Mortgage Loan Closer to join our team! This is an in-office position at our Grand Rapids office. At least 2 years of mortgage loan closing or loan processing experience is required.

A Mortgage Loan Closer is responsible for ensuring that mortgage loans are accurately prepared, compliant with regulations, and ready for a smooth closing experience. The Loan Closer serves as the final checkpoint before closing. The responsibilities of a Loan Closer include reviewing documentation, balancing closing disclosures, and coordinating with internal teams and settlement agents to ensure every transaction closes successfully and on time. If you thrive in a fast-paced environment, enjoy solving problems, and take pride in precision, this role is an excellent opportunity to contribute to a high-performing mortgage operations team!

Essential Duties and Responsibilities

• Comply with all state requirements.
• Manage and maintain an active closing and funding pipeline.
• Monitor the Initial Closing Disclosure (ICD) queue to ensure loans are meeting the expected closing timelines.
• Ensure that all loans remain compliant with regulatory and company guidelines throughout the closing process.
• Collaborate closely with Loan Processors, Underwriters, Compliance teams, and Title/Settlement agents.
• Verify the accuracy of all essential loan information and documents, such as vesting, homeowner's insurance, title work, and fees.
• Prepare and balance the Final Closing Disclosure, working with title companies to confirm final numbers.
• Verify and order title company wire information.
• Confirm all underwriting conditions and quality control requirements have been satisfied prior to closing.
• Communicate proactively with internal and external partners to resolve any closing issues quickly.
• Prepare and deliver the final closing package to the settlement agent prior to closing.
• Follow up with settlement agents to obtain required funding and post-closing documentation.

Essential Traits

• At least 2 years of experience in mortgage loan closing, loan processing, or mortgage operations is required.
• Experience working in Encompass is preferred.
• Strong attention to detail and commitment to producing highly accurate work.
• Excellent written and verbal communication skills.
• Ability to prioritize multiple tasks and manage deadline in a fast-paced environment.
• Proven ability to collaborate with cross-functional teams.
• Strong organizational and problem-solving skills.
• Proactive mindset with the ability to identify and resolve issues before closing.
• Represents Treadstone and their team in a professional manner.

We are an equal opportunity employer and value diversity. All employment decisions are based on qualifications, merit, and business needs.