Closer

Founded in 2000, Plaza Home Mortgage, Inc. is a privately owned, full-service national lender, offering Wholesale, Correspondent, Renovation and Reverse residential mortgages. Headquartered in San Diego, California, Plaza employs a network of sales associates to serve its clients nationwide.

Plaza is dedicated to building quality, long-term relationships with its mortgage broker and correspondent clients by offering comprehensive programs and exceptional customer experience.This position is responsible for the coordination of loan closings and the preparation of closing packages, including the issuance of funds.


Responsibilities and Duties

• Manage pipeline for loans that are cleared-to-close and ready for closing documents to be prepared; oversee Docs Out to confirm loans closed and when package will be returned
• Closely examine all information pertaining to fees, rates, property information, vesting, etc. in loan file to ensure accuracy prior to drawing documents
• Verify Fee Sheets and Doc Order requests
• Look over all third-party invoices confirming they match those fees displayed on the final CD.
• Review FraudGaurd for any MERS updated information and third-party alerts. If new, third parties entered into the LOS, rerun FraudGuard
• Check title report for correct endorsements and approved items, and to verify that Borrower and property are correct
• Complete all required worksheets and checklists including closing checklist
• Conduct compliance review of CD and Compliance Ease, and validate that the loan passes all federal and state rules
• Verify pricing is in compliance with Plaza’s closing manual
• Prepare all closing documents and funding figures, and send to Settlement Agent
• Notify appropriate parties when documents are ready
• Validate estimated CD for all compliance requirements, if applicable
• Run a ‘tape’ to verify that the wire is correct and the loan balances. Double check all feeds for accuracy
• Review final funding conditions provided to determine requirements are met and either sign off or recondition, if not satisfactory
• When all conditions are met and Settlement Agent is ready to fund, update conditions, check fees for accuracy and request wire in system
• Confirm loans closed and funded with Settlement Agent. Ensure that proper fees are collected and that funding figures are calculated correctly
• Post-closing and index closing packages
• Review final CD for all compliance requirements. If fees change, rerun compliance test
• Assess file for completeness and accuracy to ensure compliance with government and company requirements
• Perform related duties as directed by Manager and/or Assistant Vice President
• Help Assistant Vice President and Underwriting as required
• Ensure all loans close and fund in adherence to all Plaza’s Policy & procedures, and are in compliance with all state and federal regulations
• Examine other closers’ loan documents and fund files as needed
• Other duties as assigned

Qualifications

• Understanding of state and federal regulations for loan closings
• Demonstrated skill in monitoring and overseeing loan production pipeline
• Experience with Loan Origination Systems (LOS) such as Calyx Point and Ellie Mae
• Skilled in Document Preparation Software, such as DocuTech or DocMagic
• Proficiency with computer systems including MS Office (Word, Excel, and Outlook) and Internet Browsers
• Excellent written, verbal, and interpersonal communication skills
• Strong attention to detail and the ability to efficiently and consistently produce accurate work
• Solid organizational and problem-solving skills
• Capability of multi-tasking in a fast-paced environment with a heavy volume of transactions
• Proven aptitude to work in both a team and individual environment
• Sound judgment skills to make quick decisions within written policy and standard operating procedures essential
• High school diploma or equivalent required; College degree preferred
• Knowledge of mortgage banking industry and closing loans

Work Environment: This is a remote position , schedule 8am-5pm EST Mon-Fri.

Compensation and Benefits:

Estimated Rate of Pay:

$24.04 - $28.85
This position is full-time; non-exempt.

The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.

Plaza offers a competitive benefits package; including medical/dental/vision, paid time off and holidays, 401(k), life and pet insurance. Plaza also offers additional benefits such as an employee friends and family loan and an employee assistance program that includes a variety of discounted services.

Plaza is an EEOC employer and follows all federal, state, and local laws relating to fair employment.

Plaza Home Mortgage, Inc. is committed to preventing, stopping and remedying all forms of discrimination that occur in its workplace. Managers are accountable for keeping Plaza's workplace free from discrimination and ensuring that Plaza provides equal employment opportunity for all in the workforce and for those seeking to become members of Plaza's workforce.

Plaza's employees are protected by laws designed to protect employees from discrimination on the bases of race, religion, color, sex, pregnancy, gender identity, sexual orientation, parental status, national origin, age, disability, family medical history or genetic information, political affiliation, military service, or any other non-merit based factor. These protections extend to all management practices and decisions, including recruitment and hiring practices, appraisal systems, promotions, and training and career development programs. Plaza's employees are also protected against retaliation if they engage in a protected activity, whistleblowing, or the exercise of any appeal or grievance right provided by law.

This information is provided by Plaza Home Mortgage, Inc. as a courtesy to its mortgage professional clients and the public and is meant for instructional purposes only. None of the information provided is intended to be legal advice in any context. Plaza does not guarantee, warrant, ensure or promise that information provided is accurate. Terms and conditions of programs and guidelines are subject to change at any time without notice. Any unauthorized use or distribution of this information is strictly prohibited. This is not a commitment to lend. ® 2024 Plaza Home Mortgage, Inc. Plaza Home Mortgage and the Plaza Home Mortgage logo are registered trademarks of Plaza Home Mortgage, Inc. All other trademarks are the property of their respective owners. All rights reserved. Plaza Home Mortgage, Inc. is an Equal Housing Lender. Plaza NMLS 2113

Please find our updated Privacy Policy at:

Cigna’s Transparency in Coverage link for Plaza’s careers site.

Plaza NMLS 2113

Equal Opportunity Employer


This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.