Remote Reverse Mortgage Closer - Mahwah - job 677497

Longbridge Financial

Date: 04/09/2021

City: Mahwah, New Jersey

Employment type: Full-time

Company Description

Longbridge Financial is an innovative company committed to responsibly helping seniors use home equity to have a better retirement.  We work together with reputable companies in the financial services industry and anticipate rapid expansion and opportunities for personal and professional growth while moving into exciting new directions for the reverse mortgage business.  If you are interested in taking the next step in your career and helping to build the foundation of an exciting company, this role could be a perfect fit.

Job Description

We’re looking for an experienced high level loan closer to join our team.  Closers are responsible for preparing all loan-closing documents and ensuring accuracy in order to have a fully compliant mortgage. 

Job Functions:

•Pre-Closing review of all documents in file including title, homeowner’s insurance, appraisal, condo documentation, tax certs, trust documents, payoffs and disclosures

•Complete a pre-closing checklist to ensure file is complete and compliant

•Coordinate scheduled signing with partners, loan officers, settlement agents and/or title companies

•Prepare all closing documents required to close mortgage loans, ensuring documentation is complete and accurate; follow up with any discrepancies.

•Audit closing documents and file based on audit procedures.

•Prepare and explain closing requirements to settlement agent as needed.

•Perform client, settlement agent, processor, or client relations follow-up as needed.

•Coordinate shipping and receiving of documents to loan advisors, settlement agents, and wholesale partners, as needed.

•Establish and maintain a thorough knowledge of all products and investor requirements to ensure quality closing packages and salability to the Investor


•Minimum of three years as a closer, funder or doc drawer

•Reverse mortgage industry experienced preferred

•Ability to prepare routine administrative paperwork

•Organizing and coordinating skills

•Ability to develop and maintain files and records

•Skill in the use of personal computers and related software applications, specifically Internet Explorer, Microsoft Outlook, and Microsoft Word

•Knowledge of customer service standards and procedures

•Good customer service skills and reliable

•Individual must be extremely detailed oriented and work well under pressure, meeting multiple and conflicting deadlines

•Must at all times demonstrate cooperative behavior with colleagues and supervisors

Additional Information

  • Full benefits

  • 401(k) with company match.

  • Paid time off.

  • Potential growth within a growing organization. We promote from within

  • Working in a growing and dynamic industry

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