Spring EQ is hiring a Non-QM Loan Closer to join our rapidly growing Operations team. The ideal candidate will have at least three years of experience closing Non-QM loans, and a solid understanding of Non-QM loan products and mortgage closing procedures.
Requirements
- Manage Non-QM loan files from CTC through funding and post-closing, ensuring adherence to investor guidelines, regulatory requirements, and internal policies.
- Review closing request forms, title commitments, final Closing Disclosures (CDs), and settlement statements for accuracy, completeness, and compliance.
- Coordinate with brokers, broker processors, title/settlement agents, and internal underwriting, compliance, and funding teams to balance final figures and resolve discrepancies.
- Prepare and issue closing instructions to title companies and settlement agents.
- Validate conditions, trailing documents, and stipulations required for funding.
- Ensure proper vesting, entity documentation and personal guaranties (if applicable) are satisfied.
- Confirm compliance with state-specific and investor-specific closing requirements, including disclosures, rescission timelines, and signature requirements.
- Track closing timelines and proactively escalate delays or issues that may impact funding.
- Perform final quality control review prior to funding authorization.
- Maintain accurate and complete loan file documentation in the LOS and document management systems.
- Support post-closing by ensuring delivery of final documents and resolution of trailing conditions.
Benefits
- 401k Company Match
- Annual Charitable Matching Gift Program
- Commuter Benefits
- Company Holidays
- Credit Union Membership
- Dental Insurance
- Dependent Care Plan
- Disability Insurance
- Employee Assistance Program
- Life Insurance
- Medical Insurance
- Paid Time Off Plan
- Vision Insurance
- Weekly Non-Management Dinner Benefit