Loan Closer

AMERICAN BANCSHARES MORTGAGE LLC•Miami Lakes, FL

22h•Onsite

About The Position

The Loan Closer will be responsible for overseeing advanced closing and compliance, authorizing loans for funding and controlling risk, leading title and settlement processes, ensuring loans meet investor and quality assurance standards, and providing leadership and mentorship. This role requires a deep understanding of mortgage closing regulations and processes, with a focus on accuracy, compliance, and efficiency. The position involves travel and requires the ability to perform various physical tasks.

Requirements

5+ years of residential mortgage closing experience
Demonstrated experience handling complex loan scenarios (FHA, VA, Conventional, USDA; Non-QM a plus)
Advanced knowledge of TRID requirements
Advanced knowledge of Dodd-Frank & CFPB regulations
Advanced knowledge of FHA, Fannie Mae, Freddie Mac, and Ginnie Mae guidelines
Advanced knowledge of Change of Circumstances
Experience reviewing and approving Closing Disclosures and settlement statements independently
Strong understanding of funding processes and wire control procedures
Exceptional attention to detail and analytical ability
Strong communication and leadership skills
Ability to manage high volume while maintaining compliance precision
Proficiency in Encompass and Microsoft Office (Excel required)

Nice To Haves

Non-QM loan experience a plus

Responsibilities

Perform comprehensive pre-closing audits to ensure file completeness, accuracy, and investor salability.
Review and approve Closing Disclosures (CD) in compliance with TRID requirements.
Ensure all tolerance cures, redisclosures, and waiting periods are properly satisfied.
Validate loan terms, fees, credits, and cash-to-close calculations.
Identify and resolve compliance risks prior to funding authorization.
Review and clear all prior-to-funding conditions.
Authorize loans for funding in accordance with company policy.
Verify funding figures and coordinate wire instructions with Title.
Prevent funding delays through proactive risk identification.
Coordinate complex closings with Title companies, Loan Originators, and Operations.
Review and approve settlement statements for accuracy and compliance.
Resolve fee discrepancies, lender credit adjustments, and investor guideline conflicts.
Manage rush and same-day closings while maintaining high accuracy standards.
Ensure loans meet agency and investor delivery requirements.
Review files for potential post-closing audit concerns.
Identify patterns or recurring defects and communicate trends to Operations leadership.
Assist in reducing post-closing suspense and investor stipulations.
Serve as subject matter expert on closing compliance and regulatory requirements.
Provide guidance and training to junior closers and processors.
Assist in developing closing procedures and workflow improvements.
Support cross-department collaboration to enhance overall loan cycle efficiency.
Any other duties as assigned.