Post Closing Coordinator

New York City, Remote. Posted 6 months ago

The role

The Post Closing Coordinator delivers closed loans to investors by ensuring packages meet stakeholder and investor guidelines. This role involves reviewing loan packages, communicating with counterparties, and managing a pipeline to deliver collateral to warehouse banks.

What you will do

Review and verify closed loan packages for accuracy and compliance
Deliver post close paperwork to warehouse lending partners
Communicate with Mortgage Loan Officers, Processors, Closers, and Settlement Agents to obtain missing documentation
Communicate with customers regarding identified suspense items
Swiftly resolve suspense items identified by the investor
Stack and image loan packages to industry and investor standards
Meet shipping expiration deadlines
Register and transfer mortgages in the MERS system
Run UCDs
Review and reconcile purchase advice details in Tomo systems

Required qualifications

High School diploma or equivalency degree
2+ years of related experience
Experience with high volume data entry/validation
Knowledge of mortgage banking industry and loan delivery concepts
Understanding of investor, agency, state and federal requirements for loan delivery
Demonstrated skill in monitoring and overseeing loan production pipeline
Demonstrated experience researching information, problem solving, and making solid business decisions
Experience working in a fast paced and changing environment
Experience reporting, analyzing, interpreting, and critical thinking
Experience of fostering relationships within Tomo and with 3rd Parties
Strong attention to detail, written and oral communication, multi-tasking, and working in a team atmosphere adhering to deadline
Ability to work from our NYC office

Benefits

Equity ownership: All teammates receive stock options
Comprehensive Medical, Dental, and Vision plans for you and your dependents
Work-life balance and a generous paid time off policy
Paid parental leave
401(k) retirement plan

About the company

Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending. It uses an AI-driven customer experience to make lending faster and more affordable.