Loan Restructuring Closer (Non – LO – Processor) Job Status: Full Time/Hourly
Loan Restructuring Reports to: Loan Restructuring Manager
Flexible Amount of Travel Required: None
Vanderbilt Mortgage and Finance, Inc. was established in 1974 and currently
services over 200,000 loans. Our strength as an organization is rooted in
the quality of our people and products. We are an equal opportunity
employer committed to creating a diverse workforce. Furthermore, we're
financially strong, with a reputation for leading the industry with
unsurpassed products, a broad range of services and a coast-to-coast
presence. We're professionally strong, from entry level to more experienced
positions, we're actively recruiting individuals who are passionate,
positive, and eager to learn. As a member of our team, we will equip you
for success, you'll enjoy excellent benefits, opportunities for growth, and
an encouraging culture that supports work/life balance.
Loan Restructuring Closers exist to assemble, prepare and verify
closing documents. They perform purely administrative tasks surrounding
loan processing. They do not negotiate or advise credit terms with
Coordinates all aspects of the closing process and ensures all
terms of the sale are met.
Prepares loan packages, keeps track of deposits, and coordinate the
details of the final closing.
Ensures all documents are properly recorded and delivered.
Balances Closing Disclosures and prepares Chattel and real estate
closing packages for all product types including Direct Repo, NOW
Loans, Loan Assumptions, and modifications.
Monitors closing pipeline to ensure loans are closed based on
regulatory and company’s requirements.
Maintains a working knowledge of the lending process, and the
ability to work under strict deadlines.
Performs other duties as assigned.
Must maintain excellent customer experience throughout the loan
process for all customers.
High School Diploma or Equivalent required, college a plus.
At least 2 years of mortgage lending experience.
Must submit to a credit check used only for Arizona licensing
Strong communication skills with a high sense of urgency.
Excellent organizational and data entry skills are a must.
Knowledge of AS/400 and Link a plus.
Knowledge of RESPA a plus.
Must be able to remain in a stationary position 75% of the time.
Constantly operate a computer and other office productivity
machinery, such as a telephone, calculator, copy machine, and
90% communication methods completed over the phone. Must be able to
exchange accurate information at all times.
Ability to identify and assess account status and determine
Constantly works in an indoor temperature controlled, sealed window
401(K) includes 100% company match of the first 4%
Medical and Dental Plan with Prescription Coverage and Vision
Paid Time Off (PTO) days and holidays
Wellness Programs and On-site workout facility