About the Role
The primary function of a loan closer is to send closing instructions and a closing document package to a closing agent within the required timeframe. This role ensures all information is reviewed for accuracy and all supporting documentation is included. The loan closer collaborates with loan processors, production staff, and closing agents to meet closing dates and is responsible for the review and approval of the Closing Disclosure (“CD”) and Settlement Statement (“ALTA”).
Responsibilities
- Review for accuracy all information in Loan Origination System required to close a loan.
- Wire necessary funds to the closing agent within the required time frame.
- Review and approve the final CD from the closing agent prior to authorizing the loan to fund and release keys to the borrower.
- Become familiar with investors and State’s closing requirements, forms and procedures and comply.
- Check all loan documents for correctness and accuracy prior to funding.
- Coordinate closings with escrow coordinators, Branch Managers and Loan Officers.
- Interface with processors and borrowers as needed to collect conditions of approval.
- Anticipate loan-closing requirements and maintain the proper timeline to manage funding volume to meet funding goals.
- Monitor fees being charged, collected, and waived to ensure proper collection of fees and revenue.
- Follow up and obtain documents and/or corrections noted by Post Closing Department or investors.
- Assist Closing Supervisor as needed.
- Work with Division Manager and Loan Officers on local marketing campaigns utilizing Mortgage Returns, lennarmortgage.com leads, etc.
Requirements
- High School Diploma or equivalent
- 3 - 5 years of closing and/or closing and processing Conventional/FHA/VA experience
- Strong computer background with 3 - 5 years experience in mortgage software
- Attention to detail
- Knowledge of office procedures
- Current knowledge of closing and title requirements
- Valid driver’s license
Experience Level
- 3 - 5 years
Education Level
- High School Diploma or equivalent
Benefits
- Robust health insurance plans, including Medical, Dental, and Vision coverage
- 401(k) Retirement Plan with a $1 for $1 Company Match up to 5%
- Paid Parental Leave
- Associate Assistance Plan
- Education Assistance Program
- Up to $30,000 in Adoption Assistance
- Up to three weeks of vacation annually
- Generous Holiday, Sick Leave, and Personal Day policies
- New Hire Referral Bonus Program
- Significant Home Purchase Discounts
About the Company
- Lennar Mortgage is centered around personal growth, innovation, and diversity.
- We are looking for a new team member who shares our passion and dedication to bringing homeownership to life.
- At Lennar Mortgage, you’ll build your career with a Fortune 150 company that provides an excellent work environment, plenty of opportunities for advancement, and competitive benefits and compensation.
- Our success is a result of supporting and rewarding our team of elite professionals, who strive to exceed superior standards and exceptional services.
- A Career that Empowers You to Build Your Future
- A career with purpose. A career built on making dreams come true.
- A career built on building zero defect homes, cost management, and adherence to schedules.
- At Lennar, we promote asking questions and working together to solve complex problems.
- It’s how we’ve become a leader in the homebuilding industry and why our Associates love working here.
- If you’re interested in helping people find their future homes and, in doing so, build a better future for themselves, then Lennar is the place for you.
- We’re committed to building and sustaining an inclusive culture where everyone has a seat at the table, and we’re all on a first-name basis.
- This inclusive culture influences our hiring practices, the communities we serve and how we build better career experiences for all our Associates.
- It’s why we created our Everyone’s Included Advisory Council, and we’d love for you to be a part of our shared journey.
Equal Opportunity
- Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.
- Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.
