Director of Mortgage Closing

Job Description

We are Lennar Mortgage

Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life.

At Lennar Mortgage, you’ll build your career with a Fortune 150 company that provides an excellent work environment, plenty of opportunities for advancement, and competitive benefits and compensation. Our success is a result of supporting and rewarding our team of elite professionals, who strive to exceed superior standards and exceptional services.

Join a Company that Empowers you to Build your Future

The Director of Mortgage Closing is an energetic leader within their assigned organization responsible for developing managers, associates and loan pipelines pertaining to the Closing department of Lennar Mortgage. They will supervise and coordinate all aspects of loan closings to meet organizational and borrower goals. Direct responsibilities are to oversee and/or review all submitted loan closing documentation and processes to ensure all loans do not close until final underwriting contingencies have been addressed within their Region. The Director of Mortgage Closing will partner closely with Title, Processing, Underwriting, IT, and Quality Assurance divisions to maintain accuracy and compliance.

• A career with purpose.
• A career built on making dreams come true.
• A career built on building zero defect homes, cost management, and adherence to schedules.
  
  
  

Your Responsibilities on the Team

• Partner with Leadership in the supervision of loan closing associates, ensuring high morale, excellent customer service and maximum volume and profits.
• Develop strong Closing Managers who can manage their teams and pipelines.
• Supervise their assigned Regional departments and monitor pipelines to ensure the pipeline is being worked and closing timely.
• Anticipate and accommodate loan-funding volume requirements and maintain the proper timeline and staffing to manage said volume to meet funding goals.
• Interface with Processing, Underwriting, QC, Secondary and other departments to ensure loans are closed correctly and salable to investors.
• Utilize reports and audit systems to manage correctness and accuracy of loan documents and funding (wires) to avoid delays and duplication of efforts.
• Assist and/or support proper and complete post-closing packages as required by investors.
• Partner with internal post-closing auditors to maintain proper quality control guidelines within the team and to collect post-closing items to meet investor requirements.
• Ensure procedures are in place to meet the policies and procedures for shipping files to Lennar Mortgage for post-closing to meet investor guidelines for “shipping, insuring and guaranteeing loans.”
• Uphold familiarity with lenders and investors closing requirements, forms and procedures.
• Uphold an atmosphere of inclusiveness and positivity in the funding department to ensure a the Lennar culture thrives and grows.
  
  
  

Management reserves the right to change the duties and responsibilities set forth herein at any time.

Requirements

• Minimum 3 years in an Operations Closing Leadership role.
• Minimum 3 to 5 years funding and/processing experience, including conventional and government. Bond loan experience a plus.
• Strong computer background with 3 to 5 years experience in mortgage software and working knowledge of Excel and Word for Windows.
• Strong verbal communications skills.
• Excellent analytical capabilities.
• Strong knowledge of preliminary title report endorsements and potential for problems with same.
• This information is intended to be a general overview and may be modified by the company due to factors affecting the business.
  
  
  

General Overview of Compensation & Benefits:

We reasonably expect the base compensation offered for this position to range from an annual salary of $116,876.41 - $130,159, subject to adjustment based on business-related factors such as employee qualifications, geographic pay differentials (e.g., cost of labor/living, etc.), and operational considerations.

• This position may be eligible for bonuses.
• This position may be eligible for commissions.
• This position will be eligible for the described benefits listed in the above section in accordance with Company Policy.
• This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.
  
  
  

Life at Lennar

At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone’s Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar’s policies and applicable plan terms. Visit Lennartotalrewards.com to view our suite of benefits.

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Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.