Loan Closer
American Bancshares Mortgage, LLC, Florida, NY, United States
Description
Key Responsibilities Advanced Closing & Compliance Oversight
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
Funding Authorization & Risk Control
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
Title & Settlement Leadership
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
Investor & Quality Assurance
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
Leadership & Mentorship
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
Qualifications & 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
Dodd-Frank & CFPB regulations
FHA, Fannie Mae, Freddie Mac, and Ginnie Mae guidelines
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)
Core Competencies
Advanced Compliance & TRID Mastery
Funding Risk Management
Investor Salability Awareness
Process Improvement
Deadline Discipline
Leadership & Mentorship
Accuracy Under Pressure
Performance Expectations
Maintain high file accuracy with minimal post-closing defects
Meet or exceed monthly closing volume benchmarks
Ensure funding timelines are consistently achieved
Reduce investor suspense and audit findings
Physical Requirements The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Travel is required.
Frequently required to stand, walk, sit, and travel between various locations.
Frequently required to use hands to finger, handle, or feel, and reach with hands and arms.
Occasionally required to climb or balance, stoop, kneel, crouch, or crawl.
Frequently lifts and/or moves up to 10 pounds and occasionally lifts and/or moves up to 20 pounds.
Specific vision abilities required by this job include close vision, color vision, and ability to adjust focus.
This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties. Duties, responsibilities and activities may change at any time with or without notice.
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Key Responsibilities Advanced Closing & Compliance Oversight
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
Funding Authorization & Risk Control
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
Title & Settlement Leadership
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
Investor & Quality Assurance
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
Leadership & Mentorship
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
Qualifications & 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
Dodd-Frank & CFPB regulations
FHA, Fannie Mae, Freddie Mac, and Ginnie Mae guidelines
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)
Core Competencies
Advanced Compliance & TRID Mastery
Funding Risk Management
Investor Salability Awareness
Process Improvement
Deadline Discipline
Leadership & Mentorship
Accuracy Under Pressure
Performance Expectations
Maintain high file accuracy with minimal post-closing defects
Meet or exceed monthly closing volume benchmarks
Ensure funding timelines are consistently achieved
Reduce investor suspense and audit findings
Physical Requirements The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Travel is required.
Frequently required to stand, walk, sit, and travel between various locations.
Frequently required to use hands to finger, handle, or feel, and reach with hands and arms.
Occasionally required to climb or balance, stoop, kneel, crouch, or crawl.
Frequently lifts and/or moves up to 10 pounds and occasionally lifts and/or moves up to 20 pounds.
Specific vision abilities required by this job include close vision, color vision, and ability to adjust focus.
This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties. Duties, responsibilities and activities may change at any time with or without notice.
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