Loan Closer

Palo Alto, California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, LendingIndustries

Requirements

Candidates must have at least 2 years of experience in retail mortgage loan closing, with proficiency in LOS systems, document preparation software, and closing platforms. A strong knowledge of closing guidelines, state and federal lending regulations, and customer service best practices is required. Familiarity with TRID and state-level disclosure requirements is also necessary. The ideal candidate will possess excellent communication and organizational skills, with the ability to manage a high volume of loans accurately and meet critical deadlines in a fast-paced environment.

Responsibilities

The Loan Closer will prepare and review closing disclosure documents, loan documents, and escrow instructions to ensure compliance with federal, state, and investor guidelines. They will coordinate with title companies, escrow agents, and borrowers to facilitate a smooth closing process, verifying final loan terms, fees, and funding details. This role involves collaborating with processing, origination, and post-closing departments, prioritizing assignments, and proactively maintaining the loan pipeline to meet critical deadlines. The Loan Closer will also contribute to a positive work environment by adopting company values and influencing others positively.

Skills

Mortgage loan closing

Closing disclosure preparation

Loan document review

Escrow instructions

Compliance

TRID

State-level disclosure requirements

Client service

Loan pipeline management

Organizational skills

Deadline management

Wealthfront

Automated investment and wealth management services

About Wealthfront

Wealthfront provides financial services aimed at helping individuals grow their wealth through a digital platform. Its main offering is an automated investment platform that utilizes robo-advisors—algorithms that manage and invest client funds for long-term growth. This service is complemented by a high-yield cash account that offers a competitive 5.00% APY for short-term savings, provided through partner banks. Additionally, Wealthfront offers a diversified bond portfolio, allowing clients to earn dividends with tax advantages, and a platform for discovering and purchasing stocks to facilitate quick and strategic investment decisions. Unlike many traditional wealth management firms, Wealthfront focuses on automation and ease of use, making financial services accessible to a broader audience. The company's goal is to simplify wealth management and help clients maximize their financial potential.

Palo Alto, CaliforniaHeadquarters

2011Year Founded

$198.9MTotal Funding

SERIES_ECompany Stage

Fintech, Financial ServicesIndustries

201-500Employees

Benefits

Free lunches, snacks, coffee

Receive 1:1 mentorship

Caltrain pass, an additional transportation stipend, and relocation bonuses

Monthly wellness reimbursement

Discretionary time off policy and offer 16 weeks of paid parental leave

Comprehensive medical, dental and vision coverage

Risks

Increased competition from robo-advisors and traditional institutions may erode market share.

Free wire transfers could increase operational costs without boosting revenue.

Expansion into stock trading faces competition from established platforms like Robinhood.

Differentiation

Wealthfront offers a high-yield cash account with industry-leading 5.00% APY.

The company provides a diversified bond portfolio with tax advantages and no maturity dates.

Wealthfront's automated investment platform uses award-winning algorithms for long-term wealth growth.

Upsides

Wealthfront's cash account now offers up to $8 million in FDIC insurance.

The company has reached $50 billion in client assets, indicating strong growth.

Increased demand for AI-driven financial advice aligns with Wealthfront's robo-advisor services.

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