Reverse Mortgage Loan Closer

Longbridge Financial, LLC
Mahwah, NJ Full Time
POSTED ON 3/25/2022 CLOSED ON 5/24/2022

What are the responsibilities and job description for the Reverse Mortgage Loan Closer position at Longbridge Financial, LLC?

Longbridge Financial, LLC (LBF) is an innovative company committed to responsibly helping senior homeowners reshape their financial future to improve their retirement. Working together with other reputable companies in the financial services industry, we are moving into exciting new directions for the reverse mortgage business and anticipate rapid expansion offering many opportunities for personal and professional growth.

Recently recognized as an Industry Changemaker, Longbridge CEO Chris Mayer looks at the industry differently and values employees at all levels who drive our company forward. In fact, we are now a top 3 reverse mortgage lender.

Why work with us?

At Longbridge Financial, “We do the right thing” is more than a mantra, it’s our guarantee. We want to attract the best and brightest—that’s why we’re committed to giving our employees the support they need and the respect they deserve. We offer competitive compensation packages and benefits, as well as a strong marketing and operations foundation. Join us for a rewarding career with remarkable growth potential. Ready to be changemaker and be a part of a team to help propel Longbridge to number one?

We’re looking for an experienced high level Reverse Mortgage 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. This position is office-based in Mahwah, NJ.

  • 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

Qualifications:

  • Minimum of three years as a Reverse Closer or Funder
  • Reverse mortgage industry experienced is a must
  • 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

If you are interested in joining a leader in the reverse mortgage industry, LBF is the company for you. Please email your resume today for immediate consideration.

LBF is an EOE

Job Type: Full-time

Benefits:

  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Schedule:

  • Monday to Friday

Work Location: One location

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