Job Description

JMAC LENDING IS GROWING!                          

LOCATION: SANTA ANA, CA OR REMOTE 

THE OPPORTUNITY:

JMAC Lending is seeking a talented Loan Closer/Funder for our closing department. You will understand and review loan documents as a closer. The Loan Closer will keep an open dialogue about loan files with JMAC's customers. If you are looking to join a company that values result and integrity, this is a place for you.  

KEY RESPONSIBILITIES:

REVIEW AND PREPARE LOAN DOCUMENTS 

• Prepare and review files for docs 
• Review data input to assure loan document information is accurate for signing
• Provide an accurate review to ensure compliance with Federal, State, Investor and company policies
• Up to date with all compliance with Federal, State, Investor and company policies
• Conventional, VA, & FHA loans

PROVIDE AND SIGN-OFF OUTSTANDING FUNDING CONDITIONS

• Complete funding review within the required turn time
• Review outstanding funding conditions in a timely manner to make scheduled funding
• Properly communicate and update applicable parties of funding status
• Complete loan package for funding
• Screen and/or protect documents for loan requirements

RESOLVE DISCREPANCIES AND POST-CLOSING-CLOSER

• Communicate with applicable parties regarding loan closing and loan delivery
• Deliver loan file to investor with no funding purchase suspense
• Assist in resolving any purchase suspense issues required before investor lock expiration

REVIEW TRID COMPLIANCE

• Finalize Final Closing Disclosure and issue Post Consummation Closing Disclosure if required
• Properly review Final Closing Disclosure to ensure RESPA Compliance and validate tolerance thresholds
• Upload and complete system entries with Final Closing Disclosure
• Retrieve correct principal reduction check and correct system entry if required
• Complete and verify Uniform Closing Dataset (UCD) for loan delivery
• Review all LE's & CD's for correspondent loans if applicable
• Run compliance test for correspondent loans if applicable

INITIATIVE

• Identifies opportunities and issues, proactively acts and follows through on work activities to resolve or capitalize on them.

DEPENDABILITY

• The quality of being able to be counted on or relied upon.
• Other duties as assigned.
• Based on business needs overtime may be required.

PROBLEM SOLVING

• Able to solve problems using logic, judgment and data to determine effective solutions

CUSTOMER SERVICE

• Refers to the ability to satisfy the expectations and requirements of customers, both internal and external. Displays courtesy and sensitivity and responds promptly to service requests. Identifies customer needs and explains services clearly.

 PROFESSIONAL EXPERIENCE, EDUCATION, AND QUALIFICATIONS: 

• 2 years related experience in mortgage as a Loan Closer
• Must be knowledgeable in the guidelines and TRID
• Excellent oral and written communication skills
• Must be reliable
• Attention to detail
• Excellent computer skills
• Ability to work independently

PERKS WITH JMAC LENDING: 

• Competitive compensation reliant on ability & experience.
• Excellent benefits package including multiple health, dental & vision options.
• Company paid life and AD&D Insurance, as well as additional voluntary benefit possibilities.
• 401k employer contribution 
• PTO days in addition to 9 paid company holidays.
• Game room, and creative fun environment. 
• Starbucks daily, and many more treats.

ABOUT JMAC LENDING: 

JMAC Lending has been in business for more than 20 years. Servicing clients better with our innovative products, exceptional service, support and our dedication to helping our partners grow our business.  The core of our culture and business approach is to go BEYOND CURRENT market options to be the go-to lender of choice for our clients. Our associates hold distinguished credentials and participate in continuing education, to ensure knowledge is carefully balanced with experience. Our company was built on our adherence to the highest ethical standards, while efficiently and carefully executing the delivery of product pricing for wholesale and correspondent lending for our clients.

JMAC Website 

JMAC Lending, Inc. is an Equal Employment Employer. We are committed to workforce diversity. Qualified applicants will receive consideration without regards to age, race, religion, sex, sexual orientation or national origin. 

DISCLAIMER: JMAC Lending is an evolving company. As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.