FinacPlus
Website:
finacplus.com
Job details:
SME l Loan Closer l US Mortgage Ops – CL
At FinacPlus, we are more than a service provider — we are a Virtual Business Process Partner to leading global financial institutions, fintech companies, and data-driven enterprises. Our teams integrate seamlessly with client organizations, delivering high-impact finance, accounting, risk, operations, and technology capabilities from India.
FinacPlus is a Great Place to Work® Certified™ organization, recognized for our employee-first philosophy, collaborative culture, strong leadership values, and commitment to professional growth.
We are currently hiring an experienced Loan Closer – US Mortgage Operations to support a leading U.S.-based real estate lending organization. This role offers strong exposure to U.S. mortgage loan closing, title coordination, settlement statement balancing, loan documentation, pre-funding review, and closing operations.
As a Loan Closer, you will be responsible for managing the loan closing process from Clear to Close through funding, coordinating with title companies, settlement agents, borrowers, brokers, and internal teams to ensure accurate, compliant, and timely loan closings.
ROLES & RESPONSIBILITIES
Loan Closing & Coordination
• Manage the end-to-end loan closing process from Clear to Close through funding.
• Coordinate with title companies, settlement agents, borrowers, brokers, lenders, and internal teams to ensure timely completion of closing activities.
• Track closing timelines, pending conditions, and outstanding requirements and proactively follow up to avoid delays.
• Ensure all closing conditions and pre-funding requirements are satisfied before authorization and release of funds.
Settlement Statement & Document Review
• Review and balance HUD-1 / ALTA Settlement Statements to ensure accuracy of loan proceeds, fees, payees, credits, charges, and other closing costs.
• Verify that settlement statements are aligned with approved loan terms and closing instructions.
• Identify, investigate, and resolve discrepancies in HUDs/ALTAs, title documents, closing disclosures, and loan documentation.
• Prepare, review, and validate loan closing documents and funding packages for completeness and accuracy.
• Coordinate with title companies and settlement agents to obtain corrected documents and resolve closing-related issues.
Title & Closing Operations
• Review title commitments, payoff statements, insurance documentation, wiring instructions, and other title/closing-related documents as applicable.
• Verify that required title and closing conditions are satisfied prior to funding.
• Ensure closing packages meet established quality, process, and compliance requirements.
• Escalate exceptions, documentation issues, and potential funding risks to the appropriate stakeholders.
Loan File Management & Post-Closing
• Maintain complete, accurate, and well-organized loan files and closing documentation in accordance with established procedures.
• Perform quality checks on closing packages before funding.
• Maintain accurate status updates and documentation of outstanding closing requirements.
• Support post-closing corrections, trailing documents, and other follow-up activities as required.
• Adhere to established SOPs, quality standards, data security requirements, and regulatory guidelines applicable to U.S. mortgage operations.
QUALIFICATIONS AND EXPERIENCE
• 3–6 years of relevant experience in U.S. mortgage loan closing, loan closing coordination, title operations, or real estate lending operations.
• Strong hands-on experience working with U.S. title companies and settlement agents.
• Proven experience reviewing and balancing HUD-1 and/or ALTA Settlement Statements.
• Strong understanding of the U.S. mortgage loan closing process and related documentation.
• Experience preparing, reviewing, and validating loan closing documents and funding packages.
• Experience working with title commitments, payoff statements, closing disclosures, settlement statements, and funding documentation.
• Strong written and verbal communication skills, particularly professional email communication and follow-up.
• Excellent attention to detail with the ability to identify discrepancies and inconsistencies in financial and legal documents.
• Ability to manage multiple loan files simultaneously while meeting strict closing deadlines.
• Strong organizational, analytical, and problem-solving skills.
• Proficiency in Microsoft Office, particularly Excel and Outlook.
• Bachelor's degree in Finance, Accounting, Business Administration, or a related discipline is preferred.
WHAT MAKES YOU A STRONG FIT
• Strong hands-on knowledge of U.S. mortgage loan closing and real estate lending operations.
• Proven ability to independently manage loan files from Clear to Close through funding.
• Strong experience coordinating with title companies, settlement agents, borrowers, brokers, and internal stakeholders.
• Excellent ability to review and balance HUD/ALTA settlement statements and identify discrepancies.
• High attention to detail with a strong focus on accuracy, compliance, and closing timelines.
• Strong written communication and professional email etiquette.
• Ability to prioritize and manage multiple loan files in a fast-paced, deadline-driven environment.
• Strong ownership, follow-up, and problem-solving skills.
• Ability to work independently while collaborating effectively with U.S.-based clients and global delivery teams.
WHY HIGH-PERFORMING TALENT CHOOSES FINACPLUS
• Direct exposure to U.S. mortgage and real estate lending operations.
• Opportunity to work closely with U.S.-based mortgage and lending stakeholders.
• Hands-on exposure to loan closing, title coordination, HUD/ALTA balancing, loan documentation, and funding operations.
• Opportunity to develop expertise across the U.S. mortgage lifecycle.
• Great Place to Work® Certified™ culture focused on growth and employee development.
• Strong opportunities for career growth, continuous learning, and cross-functional exposure.
LOCATION: India
WORK MODE: Work From Home
TIMINGS: 6 30 PM to 3 30 AM IST
EXPERIENCE: 3–6 Years
SALARY RANGE: As per Industry Standards
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