Mortgage Loan Closer

Vontive; San Antonio (TX); On-site; USD 40,000 - 80,000; Full time

Job summary

An innovative firm is seeking motivated mortgage professionals to join their team. This role starts remotely and transitions to an in-office position in San Antonio. As part of a dynamic team, you will be responsible for managing loan data, ensuring document accuracy, and facilitating the closing process. Ideal candidates will have a strong background in loan funding and processing, with a passion for detail and collaboration. This is an exciting opportunity to contribute to a growing company and make a significant impact in the mortgage industry.

Qualifications

• Prior experience in loan funding and closing or processing is essential.
• Expertise in reviewing loan documents and coordinating closings.

Responsibilities

• Collect and verify data, review loan documents for accuracy.
• Coordinate the closing process and follow up on funding items.

Skills

Loan funding and closing

Loan processing

Business purpose mortgage lending

Document review

Underwriting knowledge

Education

2+ years of experience in mortgage lending

Tools

Loan processing software

Job description

We are actively hiring inquisitive, diligent, scrappy mortgage professionals to support our growth. This will initially be a remote position, while we hire resources in the area, then you will transition to being in office. Candidates are required to be located in the San Antonio, Texas area.

Responsibilities

• Collect, enter into software, and verify data
• Review executed loan documents for completion and accuracy
• Coordinate and review third-party deliverables as it pertains to closing and funding of the loan
• Review and iterate on settlement statements with escrow for accuracy
• Follow up on funding and disbursement
• Follow up on and track prior to wire conditions to funding of the loan
• Coordinate between third parties, borrowers and internal stakeholders on the closing of the loan
• Facilitate closings and complete the loan settlement process
• Follow up on post-closing items such as the recorded security instrument, final settlement statement and final title policy
• Write SOPs and form product expertise
• Review credit, background and pull third party documents as needed to support the underwriting process

Requirements:

• Prior experience in loan funding and closing and/or loan processing
• Expertise in business purpose mortgage lending gained through 2+ years of experience
• Ability to review third-party property property valuations with the aid of a checklist
• Expertise in reviewing loan document packages, settlement statements and coordinating closings
• Knowledge of underwriting borrowing entities, including formation document review, and the credit history, cash reserves, and background of individual sponsors/guarantors
• Knowledge of loan settlement and funding process