Reverse Mortgage Closings Specialist

Finance of America Reverse; United States; On-site; USD 50,000 - 63,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Paid time-off

401(k) with employer match

ESPP

Flexible spending account

Job summary

Finance of America Reverse seeks a closing specialist to manage FHA reverse mortgage closings, ensuring strict adherence to policies and loan terms. You will review data for compliance fees and documents, and prepare loans for closing.

You will verify all fields in ReverseVision, re-disclose as needed to meet RESPA/TILA requirements, and maintain accuracy of closing packages. A minimum of 120 loans per month is expected, with strong organizational and multitasking abilities.

Qualifications

• 3+ years in mortgage banking, loan processing, or closing.
• Familiarity with loan programs and regulatory requirements.
• Experience with LO systems.
• Proficiency in Microsoft Office.
• Knowledge of federal, state, and local regulations.

Responsibilities

• Prepare loans for closing and ensure all closing checklist items are met.
• Ensure ReverseVision fields are complete and accurate before closing.
• Re-disclose loans to comply with RESPA/TILA requirements.
• Evaluate closing packages for accuracy.
• Achieve minimum of 120 loans closed per month.
• Meet productivity standards set by the company.
• Follow up to obtain trailing documents before shipping.

Skills

Mortgage banking

Loan processing

Closing

Regulatory knowledge

Analytical skills

Detail oriented

Multi-tasking

Organized

Team player

Education

High School Diploma

BA - Bachelor of Arts

Tools

Loan Origination Systems

Microsoft Office

Job description

Finance of America Reverse seeks a closing specialist to manage FHA reverse mortgage closings, ensuring strict adherence to policies and loan terms. You will review data for compliance fees and documents, and prepare loans for closing.

You will verify all fields in ReverseVision, re-disclose as needed to meet RESPA/TILA requirements, and maintain accuracy of closing packages. A minimum of 120 loans per month is expected, with strong organizational and multitasking abilities.