Loan Closing Specialist

About Tomo

Tomo is dedicated to making the homebuying experience easier, faster, and more enjoyable for our customers. We're committed to giving our customers the information and support they need to achieve their goals.

As a Mortgage Loan Closer at Tomo, you'll be part of a team that's passionate about delivering exceptional results and exceeding customer expectations. You'll work closely with our customers to ensure that their loan closings are completed efficiently and accurately.

This role is a great opportunity to develop your skills and expertise in a dynamic and supportive environment. You'll have the chance to work with a great team, learn from experienced colleagues, and take ownership of your projects. ? *Key Responsibilities:** ? Pre-Closing Document Review: Verify accuracy of information, including fees, rates, property details, and vesting, before document preparation. ? Closing Data Input: Enter required closing data into the loan origination system. ? ComplianceEase Reviews: Review ComplianceEase reports and remediate any fails or alerts. ? Title Report Verification: Check title report for correct endorsements and approved items, and verify that Borrower and property are correct. ? Loan Estimate Reviews: Conduct compliance reviews of Loan Estimates, TILA, and fraud tools, ensuring the loan complies with federal and state rules. ? Initial Closing Disclosure: Prepare and issue the Initial Closing Disclosure. ? Loan Closing Coordination: Coordinate loan closing with title company. ? Closing Document Preparation: Draw and release closing documents to the Settlement Agent. ? Funding Authorization: Submit request to warehouse bank and release funds. ? Post-Closing Issues: Assist in resolving any post-closing issues as needed. ? *Requirements:** ? 3+ years of recent mortgage closing/funding experience. ? Attention to detail and organizational skills. ? Staying current on federal, state, investor, and internal policies and procedures. ? Maintaining transparency between all teammates involved in a customer's journey. ? *Annual Compensation Range:** $62,500 - $74,900

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