Company Description
Longbridge Financial, LLC (LBF) is an innovative company committed to responsibly helping senior homeowners reshape their financial future to improve their retirement. Our mission is to be consistently fair, transparent, and professional at all times with our employees, customers, and partners.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 2 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 a changemaker and be a part of a team to help propel Longbridge to number one?
Job Description
The Reverse Mortgage Closer is responsible for several key functions in the process of preparing and finalizing all loan-closing documents and ensuring accuracy to have a fully compliant mortgage. This role requires diligence, strong organizational skills, and thorough understanding of mortgage documents and processes, a high level of accuracy and attention to details. This role can be in-office, hybrid or remote.
Primary Job Duties:
- Reviewing Loan Files: After loan approval, the Closer reviews the loan file to ensure all necessary documents are present and accurate. Pre-Closing review of all documents in file including title, homeowner’s insurance, appraisal, condominium documentation, tax certs, trust documents, payoffs, and disclosures.
- Auditing Loan Files: Complete a pre-closing checklist to ensure the file is complete and compliant with all regulations.
- Coordinating Loan Signings: Coordinate scheduled signing with partners, loan officers, settlement agents and/or title companies.
- Prepare Closing Documents: The Closer generates the closing documents required to close each file, ensuring the closing package is complete and accurate. The Closer will explain additional closing requirements to the settlement agent and all applicable parties as needed. The Closer will also coordinate shipping and receiving of documents to loan advisors, settlement agents, and wholesale partners, as needed. Perform client, settlement agent, processor, or client relations follow-up as applicable.
- Ensuring Timely Processing: Pipeline management to ensure all closing packages are completed in a timely manner, meeting all scheduled signing expectations.
Qualifications
- Minimum of three years as a Reverse Closing experience.
- Reverse mortgage industry experienced is preferred.
- Ability to prepare routine administrative paperwork.
- Organizing and coordinating skills
- Ability to develop and maintain files and records.
- Proficient in all aspects of various software applications: specifically, Internet Explorer, Microsoft Outlook, and Microsoft Word
- A strong understanding of customer service standards and procedures
- Must maintain a high level of service skills and reliability
Additional Information
- Full benefits
- 401(k) with company match
- Paid time off
- Working in a growing and dynamic industry
- LBF is an EEO/AA/Vet/Disabled Employe
- Please note that salaries that are estimated on various job sites may not reflect the actual compensations. Job sites, set the estimated salary, not Longbridge Financial.
