Loan Closer in Sacramento, CA at Lennar

Date Posted: 10/24/2024

Job Snapshot

  • Employee Type:
    Full-Time
  • Experience:
    Not Specified
  • Date Posted:
    10/24/2024
  • Job ID:
    R24_0000002376
  • Category
    Mortgage - Closing, Risk Mgmt
  • Company
    Lennar Mortgage
  • Location Type
    Remote

Job Description

We are Lennar Mortgage

Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life. 

At Lennar Mortgage, you’ll build your career with a Fortune 150 company that provides an excellent work environment, plenty of opportunities for advancement, and competitive benefits and compensation. Our success is a result of supporting and rewarding our team of elite professionals, who strive to exceed superior standards and exceptional services. 

Join a Company that Empowers you to Build your Future

Primary function of a loan closer is to send closing instructions and closing document package to a closing agent within our required time frame. All information must be reviewed for accuracy and all supporting documentation must be included. The loan closer works closely with loan processors, production staff, and closing agent to ensure that closing dates are met. Review and approval of the Closing Disclosure (“CD”) and Settlement Statement (“ALTA”) is a critical function.

  • A career with purpose.

  • A career built on making dreams come true.

  • A career built on building zero defect homes, cost management, and adherence to schedules.

Your Responsibilities on the Team 

  • Review for accuracy all information in Loan Origination System required to close a loan.

  • Wire necessary funds to the closing agent within the required time frame.

  • Review and approve the final CD from the closing agent prior to authorizing the closing agent to fund the loan and release keys to the borrower.

  • Become familiar with investors and State’s closing requirements, forms and procedures and comply.

  • Check all loan documents for correctness and accuracy prior to funding.

  • Coordinate closings with escrow coordinators, Branch Managers and Loan Officers.

  • Interface with processors and borrowers as needed to collect conditions of approval.

  • Anticipate loan-closing requirements and maintain the proper timeline to manage funding volume in order to meet funding goals.

  • Monitor fees being charged, collected, and waived to ensure proper collection of fees and revenue.

  • Follow up and obtain documents and/or corrections noted by Post Closing Department or investors.

  • Assist Closing Supervisor as needed.

  • Management reserves the right to change the duties and responsibilities set forth herein at any time.

  • Work with Division Manager and Loan Officers on local marketing campaigns utilizing Mortgage Returns, lennarmortgage.com leads, etc

Requirements

  • High School Diploma or equivalent

  • 3 - 5 years of closing and/or closing and processing Conventional/FHA/VA experience

  • Strong computer background with 3 - 5 years experience in mortgage software

  • Attention to detail

  • Knowledge of office procedures

  • Current knowledge of closing and title requirements

  • Valid driver’s license

  • This information is intended to be a general overview and may be modified by the company due to factors affecting the business.


General Overview of Compensation & Benefits:

We reasonably expect the base compensation offered for this position to range from an hourly rate of $24.11 - $35, subject to adjustment based on business-related factors such as employee qualifications, geographic pay differentials (e.g., cost of labor/living, etc.), and operational considerations.
  • This position may be eligible for bonuses.
  • This position may be eligible for commissions.
  • This position will be eligible for the described benefits listed in the above section in accordance with Company Policy.
  • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.

Life at Lennar

At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone’s Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar’s policies and applicable plan terms. Visit Lennartotalrewards.com to view our suite of benefits.

Join the fun and follow us on social media to see what's happening at our company, and don't forget to connect with us on Lennar: Overview | LinkedInhttps://www.linkedin.com/company/lennar/> for the latest job opportunities.

Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.