We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
Primary Function-
ONSITE POSITION
The Closer is responsible for preparing loan packages according to state and/or federal regulations and ensure loans close in accordance with Underwriter’s approval and Newrez’s policies and procedures.
Principal Duties
Prepares legal documents according to state and/or federal regulationsReviews and approves the final balanced Closing DisclosureEnsures loan package meets compliance guidelines and fixing discrepancies as necessaryGenerates and approves the Closing PackageServes as liaison between Newrez and closing agent.Inputs and confirms data required to generate Closing PackageCompletes work within established closing deadlines.This position is considered a non-loan originator position, this means participants may not engage in activities of a loan originator, including communicating directly with borrowers about credit qualification or loan terms, including pricing concessions or other transaction-specific terms or conditionsWorks with title companies on loan scheduling, document delivery, final sign-offMeets performance requirements for volume, quality, and timelinessPerforms related duties as assigned by supervisor.Education and Experience Requirements
High school diploma or equivalent required; 4-year college degree preferred.Minimum two (2) years mortgage Closing, or Post- Closing experience is required1-2 years loan funding experience preferredKnowledge, Skill, and Ability Requirements
Basic knowledge of loan documentation.Advanced computer sills including Excel and Outlook.Advanced mathematical skills.Excellent interpersonal, written and oral communication skills.Familiar with reading and interpreting insurance policies, tax information, prelims, appraisals and settlement statements.Knowledge of MDIA and TRID disclosure requirements.Strong attention to detail and organization skills.Ability to work in a fast-paced environment.While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.
Company Benefits:
• Medical (including Health Savings Account & Flexible Savings Account)
• Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match! – Employee Assistance Plan
• Performance-based Incentives
• Pet Insurance
• Advancement Opportunities
Newrez NOW:
• Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
• Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
• Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
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