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    TO

    Tomo

    Technology

    Mortgage Loan Closer

    New York City, United StatesHybridFull-time3+ yrs experience$60k – $75k / yearPosted 1mo ago
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    Job description

    Who We Are

    Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending, helping homebuyers save thousands of dollars. Our AI-driven customer experience makes the lending process faster, less frustrating, and more affordable. By passing these savings directly to homebuyers, we eliminate excessive fees and inflated rates that cost Americans billions each year. Backed by top-tier venture investors, including Ribbit, Citi Ventures, NFX and Progressive Insurance, Tomo is poised to become one of the most valuable fintech startups of our generation.

    Mortgage Loan Closer

    Location: New York, NY

    Reports To:  Closing Manager

    Type:  Full-Time; Hybrid (in office Mon-Wed, remote Thurs-Friday)

    What You'll Do:

    • Thoroughly review all pre-closing documents to ensure accuracy of information, including fees, rates, property details, and vesting, before document preparation.

    • Input required closing data in the loan origination system

    • Review Compliance Ease reports and remediate any fails or alerts

    • Check title report for correct endorsements and approved items, and to verify that Borrower and property are correct

    • Conduct compliance reviews of Loan Estimates, TILA, and fraud tools, ensuring the loan complies with federal and state rules.

    • Prepare and issue the Initial Closing Disclosure.

    • Coordinate loan closing with title company

    • Draw and release closing documents to the Settlement Agent

    • Submit request to warehouse bank and release funds

    • Authorize funding of loan

    • Assist in resolving any post-closing issues as needed

    What Makes You a Great Fit:

    • 3+ years of recent mortgage closing/funding experience

    • Attention to detail and organizational skills

    • Staying current on federal, state, investor and internal policies and procedures

    • Maintaining transparency between all teammates involved in a customer’s journey

    Preferred Qualifications: 

    • A Bachelor’s degree

    Compensation

    The expected base salary range for this position will be $60,000 - 65,000 USD, with additional uncapped monthly bonus opportunities targeting approximately 15% of the base salary, with total On-Target Earnings for this role being ~$75,000-80,000

    #LI-Hybrid

    #ZR

    Employee Benefits

    We strive to anticipate your needs in order for you to be a healthy, motivated, and happy team member. We provide a variety of competitive benefits including (but not limited to):

    • Equity Ownership: All teammates receive stock options—we win together

    • Comprehensive Medical, Dental, and Vision plans for you and your dependents with some plans 100% covered

    • Work-life balance and a generous paid time off policy

    • In order to support teammates who become parents, Tomo Mortgage provides paid parental leave

    • 401(k) retirement plan

    Job details are sourced from the employer's original posting.

    Open job posting
    TO

    About the company

    Tomo

    Tomo is a tech startup focused on providing career growth and skill development opportunities, particularly in sales and leadership roles. They offer competitive compensation, uncapped commission potential, and equity ownership to their teammates.

    View all Tomo jobs
    Industry
    Technology
    Open roles
    17

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