Mortgage Closer

Job Description

Job Description

Position Summary

Lending Hand Mortgage is seeking an experienced, detail-oriented Mortgage Closer to join our growing operations team. The Mortgage Closer is responsible for managing mortgage loans from final underwriting approval through funding while ensuring all closings are accurate, compliant, balanced, and completed on time.

This position plays a critical role in preparing Closing Disclosures, balancing transactions with settlement agents and title companies, preparing complete closing packages, coordinating funding, and ensuring compliance with investor, agency, federal, and state requirements. The ideal candidate thrives in a fast-paced environment, possesses exceptional attention to detail, and has a strong understanding of mortgage closing regulations and procedures.

Key Responsibilities

• Review approved loan files and verify all underwriting and lender conditions are satisfied prior to closing.
• Prepare and generate accurate Closing Disclosures (CDs) in compliance with TRID regulations.
• Calculate, review, and balance loan transactions with title companies, settlement agents, and lenders.
• Ensure loan fees, lender credits, seller concessions, payoffs, escrows, taxes, insurance, and cash-to-close figures are accurate.
• Prepare complete closing packages and perform a final quality control review prior to funding.
• Review Closing Disclosures against settlement statements to ensure accuracy and compliance.
• Coordinate closing schedules with borrowers, loan officers, title companies, attorneys, real estate agents, and lenders.
• Issue revised disclosures when needed and ensure regulatory timing requirements are met.
• Obtain final lender approval for closing and funding.
• Resolve balancing issues, funding discrepancies, and closing concerns in a timely manner.
• Review executed closing documents for completeness and accuracy.
• Submit funding authorization requests and coordinate funding with lenders and settlement agents.
• Ensure all documents are executed properly and received according to investor and compliance standards.
• Maintain detailed file notes and communication records within the loan origination system.
• Monitor pipeline deadlines to ensure all closings occur on or before contract and rate lock expiration dates.
• Provide outstanding customer service and communication throughout the closing process.
• Collaborate with Loan Officers, Processors, Underwriters, Loan Partners, and Post-Closing staff to ensure smooth loan delivery.

Required Qualifications

• Minimum 3-5 years of residential mortgage closing experience.
• Strong knowledge of Conventional, FHA, VA, USDA, and Jumbo mortgage products.
• Thorough understanding of TRID, RESPA, TILA, CFPB regulations, and general mortgage compliance requirements.
• Experience preparing and reviewing Closing Disclosures and settlement statements.
• Proven ability to independently balance loan files and resolve closing discrepancies.
• Strong understanding of escrow calculations, prepaid expenses, payoffs, lender credits, and seller concessions.
• Experience preparing complete closing packages for lender review and funding.
• Knowledge of funding procedures and post-closing requirements.
• Proficiency with Loan Origination Systems (LOS), including ARIVE, Encompass, LendingPad, or similar platforms.
• Excellent organizational, analytical, and problem-solving skills.
• Strong verbal and written communication abilities.
• Ability to manage multiple deadlines and a high-volume pipeline while maintaining accuracy.

Preferred Qualifications

• Experience working for a mortgage broker or correspondent lender.
• Familiarity with wholesale lending platforms including UWM, Pennymac, NewRez, and other investor portals.
• Experience balancing and closing 50+ mortgage loans per month.
• Knowledge of eClosings and remote notarization processes.
• Previous funding and post-closing experience.

Core Competencies

• Attention to Detail
• Compliance and Risk Awareness
• Time Management
• Organization
• Accountability
• Problem Solving
• Communication Skills
• Customer Service
• Team Collaboration
• Deadline Management

Work Environment

• This is a full-time, on-site position located in 510 Lentz Drive Madison TN 37115, Tennessee.
• Employee is expected to work from the Lending Hand Mortgage office during regular business hours.
• Daily interaction with Loan Officers, Processors, Underwriters, Loan Partners, Title Companies, Settlement Agents, Realtors, and Borrowers is required.
• Attendance, punctuality, and the ability to work effectively in a collaborative team environment are essential functions of this role.
• Occasional overtime may be required to meet closing and funding deadlines.

Performance Expectations

• Maintain a high level of closing accuracy and compliance.
• Meet closing and funding deadlines consistently.
• Deliver timely and accurate Closing Disclosures.
• Successfully balance files with minimal funding deficiencies.
• Maintain strong relationships with borrowers, title companies, attorneys, lenders, and referral partners.
• Minimize post-closing errors and investor suspense items.
• Contribute to a positive borrower experience and efficient closing process.
• Support company production goals while maintaining exceptional quality standards.

Compensation & Benefits

• Competitive Base Salary
• Performance-Based Bonus Opportunities
  
• Paid Time Off
• Paid Holidays
• Ongoing Training and Professional Development
• Career Advancement Opportunities
• Supportive Team-Oriented Culture

About Lending Hand Mortgage

Lending Hand Mortgage is a rapidly growing mortgage brokerage committed to delivering exceptional service, innovative financing solutions, and a seamless mortgage experience. We empower our team with industry-leading technology, operational support, and growth opportunities while maintaining the highest standards of professionalism, compliance, and customer care.

Join Lending Hand Mortgage and help ensure every transaction closes accurately, compliantly, and on time while creating clients for life.