Closing Coordinator
Location
Worldwide
Posted
7 days ago
Salary
$6.5K - $70K / year
Seniority
Senior
No structured requirement data.
Job Description
Closing Coordinator
Luxury Mortgage Corp. - LMC
Title: Closing Coordinator Location: Remote Job Description: Job Title: Closing Coordinator Reports To: AVP/Closing Location: Remote Do you have strong attention for detail and excel at keeping multiple moving parts organized? Are you skilled in tracking the progress of loans, ensuring everything is in place for a successful closing? Do you thrive in a fast-paced, collaborative environment, working with borrowers, attorneys, brokers, and title companies to deliver an exceptional experience? If this sounds like you, we want you to join our team as a full-time Closing Coordinator at Luxury Mortgage Corp. (LMC)! About Us: At LMC, we’re more than just a mortgage banker—we’re a thriving, innovative, and diverse company with a strong presence across 44 states. Headquartered in Stamford, (CT), with an additional office in Irvine, (CA), we’ve been setting the standard in the mortgage industry since 1996. We’re dedicated to growing our team with professionals who share our passion for excellence. Your Role: As a Closing Coordinator, your primary responsibility will be to track loans expected to close on a daily basis, ensuring all closing documentation is accurate and complete. This role requires strong communication skills, impeccable organizational abilities, and an in-depth understanding of loan closing requirements. You will work closely with various parties to review, verify, and clear necessary documentation to meet both LMC’s and investor’s requirements, ensuring a smooth and timely closing process. Responsibilities: - Maintain up-to-date knowledge of LMC’s policies and procedures, as well as secondary market investor requirements. - Review closing documents for accuracy, including title reports, purchase contracts, appraisals, homeowner’s insurance, and flood insurance. - Review title commitments for any liens or exceptions, working to clear them as needed. - Ensure collateral documents meet LMC and investor standards, including NY Consolidation, Extension, and Modification Agreements. - Verify that all necessary conditions are met prior to closing, such as insurance and verification of employment. - Ensure accuracy of the final Closing Disclosure and review necessary funding documents. - Input data and address any special requirements or underwriting conditions. - Follow all company policies and procedures to ensure risk management compliance. - Performs other related duties as assigned. - Qualifications: - High school diploma required, college degree a plus. - Minimum five years’ experience as a mortgage loan closer. - Encompass experience required. - Positive attitude and excellent customer service skills. - Strong organizational and time management skills. - Ability to prioritize multiple competing tasks and meet deadlines. - Must be flexible and adaptable to change. - PERKS and BENEFITS At LMC we believe our employees are our greatest asset. We know that happy employees are productive employees, which is why we offer a comprehensive benefits package including but not limited to: - Paid vacation, sick and personal days - Medical, Dental & Vision plans - 401k with employer matching contribution - Short- and Long-Term disability plans - Voluntary Life & AD&D insurance - Pet Insurance options - Healthcare, Dependent Care and Transit FSA - Employee Assistance Program - Free parking (underground in Stamford) - Casual dress code (Dress for Your Day) - The compensation range for this role is $65,00.00 to $70,000.00 which may vary based on skills, experience and location. NOTE: The above description is intended to describe the general nature and level of work to be performed. It is not intended to be an exhaustive list of all responsibilities of the position.
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