Mortgage Loan Closer at Tomo

Seattle, Washington, United States

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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

Key technologies and capabilities for this role

Loan Origination SystemCompliance EaseTitle ReportsLoan EstimatesTILAClosing DisclosureCompliance ReviewDocument ReviewFraud Tools

Questions & Answers

Common questions about this position

What is the salary range for the Mortgage Loan Closer position?

The expected annual compensation for this position is between $60,000 - $70,000 USD.

Is this role remote or office-based?

This role is based in our NYC or Seattle office on a hybrid schedule: Mon-Wed on-site, and Thurs/Fri remote optional.

What skills and experience are required for this role?

Candidates need 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, and maintaining transparency between all teammates.

What is the company culture like at Tomo?

Tomo seeks ambitious, team-oriented, and driven individuals who embrace effort to win, have a pattern of success, lean into the company culture, are energized by the mission, and want to have fun at work.

What makes a strong candidate for this Mortgage Loan Closer role?

A strong candidate has 3+ years of recent mortgage closing/funding experience, attention to detail, organizational skills, knowledge of policies and procedures, and the ability to maintain transparency with teammates. A Bachelor’s degree is preferred.

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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