Mortgage Loan Closer at Tomo

Seattle, Washington, United States

Tomo Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Mortgage, FinTech, BankingIndustries

Requirements

  • 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

Responsibilities

  • 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

Skills

Loan Origination System
Compliance Ease
Title Reports
Loan Estimates
TILA
Closing Disclosure
Compliance Review
Document Review
Fraud Tools

Tomo

Token-based social platform for creators

About Tomo

Tomo Inc. operates a platform called Astro that enhances social interactions between creators and their supporters in the Web3 space. Astro provides features like direct messaging, private rooms, and personalized feeds, all secured by blockchain technology. The platform uses tokens to create unique engagement opportunities, allowing supporters to access exclusive content and privileges based on their token holdings. Tomo targets the rapidly growing creator economy, which includes individuals and small businesses generating income through content creation. The company employs a freemium business model, offering basic features for free while charging for advanced features and premium content, often paid for with tokens. Tomo's goal is to reshape how creators and their audiences connect and engage.

None, CaliforniaHeadquarters
2020Year Founded
$3.4MTotal Funding
SEEDCompany Stage
Consumer Software, Crypto & Web3Industries
11-50Employees

Risks

Blockchain technology evolution may outpace Tomo's current platform capabilities.
Intensifying regulatory scrutiny on token-based transactions poses compliance challenges.
Volatility in cryptocurrency markets affects Tomo's token-based revenue model.

Differentiation

Tomo integrates AI and blockchain for a seamless home-buying experience.
Astro platform offers token-based social interactions for creators and supporters.
Tomo's multi-chain wallet enhances digital asset management within Telegram.

Upsides

Tomo raised $3.5 million in seed funding led by Polychain Capital.
Growing creator economy boosts demand for platforms like Astro.
Increasing interest in SocialFi platforms enhances Tomo's market potential.

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