What are the responsibilities and job description for the Mortgage Closer position at Orchard?
About Orchard
Orchard is radically simplifying the way people buy and sell their homes. For the average American, the home purchase and sale process takes months, creates anxiety, and is filled with uncertainty and hassle. Orchard has reimagined the end-to-end experience of buying and selling, from innovative home search tools to find the perfect home to the ability to buy a new home before selling your current one. Orchard customers manage the entire experience through a personalized online dashboard, while also getting the support of best-in-class Orchard real estate agents.
Headquartered in New York City with teammates across the US, Orchard has 150 full time employees and 400 real estate agents (1099). We have financing from top-tier investors including Revolution, Firstmark, Accomplice, Navitas and Juxtapose, who have also backed the likes of Pinterest, AirBnb, Shopify and Sweetgreen. We're proud to have been recognized by Crain's, Inc. 5000, Glassdoor, Parity.org and Built In on their lists of best places to work.
About the Role:
Orchard is looking for a Mortgage Closer to coordinate each customer's disclosures on their loan and closing and prepare loan closing packages, including requesting of funds and issuing funding approval. This is a full time role reporting into the Senior Manager or Mortgage Operations. This position can be remote in any of the Orchard hiring locations (TX, GA, CO, NY, CA, WA, NC, MI, TN, or AZ), though you must be willing to work east coast or central time zone hours.
What You’ll Do Here:
Orchard is proud to be an equal opportunity employer. We provide employment opportunities without regard to age, race, color, ancestry, national origin, religion, disability, sex, gender identity or expression, sexual orientation, veteran status, or any other protected status in accordance with applicable law.
Orchard is radically simplifying the way people buy and sell their homes. For the average American, the home purchase and sale process takes months, creates anxiety, and is filled with uncertainty and hassle. Orchard has reimagined the end-to-end experience of buying and selling, from innovative home search tools to find the perfect home to the ability to buy a new home before selling your current one. Orchard customers manage the entire experience through a personalized online dashboard, while also getting the support of best-in-class Orchard real estate agents.
Headquartered in New York City with teammates across the US, Orchard has 150 full time employees and 400 real estate agents (1099). We have financing from top-tier investors including Revolution, Firstmark, Accomplice, Navitas and Juxtapose, who have also backed the likes of Pinterest, AirBnb, Shopify and Sweetgreen. We're proud to have been recognized by Crain's, Inc. 5000, Glassdoor, Parity.org and Built In on their lists of best places to work.
About the Role:
Orchard is looking for a Mortgage Closer to coordinate each customer's disclosures on their loan and closing and prepare loan closing packages, including requesting of funds and issuing funding approval. This is a full time role reporting into the Senior Manager or Mortgage Operations. This position can be remote in any of the Orchard hiring locations (TX, GA, CO, NY, CA, WA, NC, MI, TN, or AZ), though you must be willing to work east coast or central time zone hours.
What You’ll Do Here:
- Issue Loan Estimates, disclosures on Changes of Circumstances (COCs), and Adverse Action notices
- Coordinate loan closings in compliance with company and industry standard rules and regulations
- Prepare legal documents and closing packages for title companies and attorneys
- Create Initial Closing Disclosure, Final Closing Disclosure and Closing Document package
- Review loan documents for accuracy and make any necessary corrections
- Ensure all loans are closed in strict accordance with all guidelines
- Prepare and verify final figures
- Send closing documents and review executed closing documents upon receipt for funding approval.
- Review, calculate, and order the funding wire through the appropriate warehouse
- Communicate with all parties involved to ensure a smooth closing process.
- Resolve any post-closing issues related to closing of the loan
- 2 years of closing and disclosure experience.
- Experience in calculating figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Must understand how to handle IPCs
- Experience with Conventional, FHA, and VA loans on purchase transactions
- Excellent written and verbal communication
- Ability to thrive in a fast paced team oriented environment
Orchard is proud to be an equal opportunity employer. We provide employment opportunities without regard to age, race, color, ancestry, national origin, religion, disability, sex, gender identity or expression, sexual orientation, veteran status, or any other protected status in accordance with applicable law.
