Job details
Salary $25 – $31 an hour
Job Type Full-time
Number of hires for this role 2 to 4
Qualifications
- High school or equivalent (Preferred)
Full Job Description
Freedom Mortgage Corporation, a full-service direct lender founded in 1990, has an excellent opportunity for a dynamic professional to join one of the nation’s leading mortgage companies.
Freedom Mortgage is a privately held, mortgage lender and servicer, licensed in all 50 states, with 8 operation centers nationwide.
Freedom Mortgage is a member of the Mortgage Bankers Association, the National Association of
Mortgage Brokers, and is the #1 largest issuer of FHA/VA GNMA securities nationwide. Currently, we have over 5,200 employees, we are funding over 6 billion dollars in loans a month and we have a servicing portfolio of over 100 billion dollars.
Freedom is characterized by an energetic, creative staff, and cutting edge technology. Our IT and processing systems allow us to approve and process mortgages quickly without jeopardizing quality. We have cultivated a fun team environment where there is opportunity to learn and develop within both the company and your career. With hard work, you’ll reap benefits both professionally and personally.
Summary
The Loan Closer will be fully remote. This person is responsible for coordinating loan closings in compliance with company, and industry standard rules and regulations. This position will prepare legal documents and closing packages for title companies and attorneys. The Loan Closer works solely on FHA and VA Streamline transactions.
Essential Job Functions may include:
- Review Closing Disclosure
- Review Case Number Assignment, Title Commitments, Insurance Policies, PMI Certification and all loan documents for accuracy.
- Review all files for completeness and accuracy to ensure compliance with underwriting, government, and investor and company requirements.
- Maintain open lines of communication with all parties to obtain loan status information.
- Provide timely communications regarding closing status as appropriate.
- Ensure all loans are closed in strict accordance with all guidelines.
- Understand and adhere to all existing and/or changes to internal or external guidelines, processes and procedures as soon as they are implemented.
- Responsible for preparing and verifying final figures.
- Sending Closing documents.
- Requesting the wire timely
- Coordinate closings with title companies.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Education and/or Experience:
Minimum high school diploma or general education degree (GED) required. Minimum 3 year previous experience as a loan processor, funder or closer. In addition, working knowledge of RESPA 2010, HMDA and Appraisal
Independence Requirements (AIR) required. Must be able to work independently or as part of a team in a high- paced environment. Working knowledge of MS Office skills required.
Employer’s Rights:
This job description does not list all the duties of the job. You may be asked by your supervisors or managers to perform other duties. You will be evaluated in part based upon your performance of the tasks and functions listed in this job description. The employer has the right to revise this job description at any time. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.
Job Type: Full-time
Pay: $25.00 – $31.00 per hour
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Parental leave
- Retirement plan
- Tuition reimbursement
- Vision insurance
Schedule:
- Monday to Friday
- Overtime
COVID-19 considerations:
Permanently remote. We will mail out equipment
Education:
- High school or equivalent (Preferred)
Work Location:
- Fully Remote
COVID-19 Precaution(s):
- Remote interview process
- Virtual meetings
