Closing Manager

We are Lennar Mortgage

Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life. 

At Lennar Mortgage, you’ll build your career with a Fortune 150 company that provides an excellent work environment, plenty of opportunities for advancement, and competitive benefits and compensation. Our success is a result of supporting and rewarding our team of elite professionals, who strive to exceed superior standards and exceptional services. 

Join a Company that Empowers you to Build your Future

Supervise and coordinate all aspects of loan closings. Verify locks, hazard and flood insurance coverage, review outstanding items on title commitments and ensure that loans do not close until underwriting contingencies have been cleared.

• A career with purpose.

• A career built on making dreams come true.

• A career built on building zero defect homes, cost management, and adherence to schedules.

Your Responsibilities on the Team 

• Assist Branch Manager with supervision of loan closing associates, ensuring high morale, excellent customer service and maximum volume and profits.

• Supervise all funding, including any delegated to funding assistant, if applicable.

• Anticipate loan-funding requirements and maintain the proper time line to manage funding volume in order to meet funding goals.

• Verify locks, hazard and flood insurance coverage, review outstanding items on title commitments and ensure that loans do not close until underwriting contingencies have been cleared.

• Follow up on all documentation as it relates to submitting files to Corporate Closed Loans and obtain FHA Mortgage Insurance and VA Loan Guaranty, as required.

• Coordinate closings with lenders, escrow and pipeline coordinators, branch managers and loan officers.

• Interface with processors and borrowers to collect conditions of approval.

• Set up and maintain a system to track closing dates and lock-ins and coordinate same with escrow coordinators, pipeline coordinators, escrow officer, loan officer and borrower.

• Keep the approved title company roster up to date to meet the needs of the builder business in accordance with Lennar Mortgage compliance.

• Update all changes in closing dates within the TMO system, including all screens that effect closing reports for both Lennar Mortgage and broker loans.

• Monitor fees charged and collected and fees waived to reconcile lender payments with demands (brokered). Ensure proper collection of fees and revenue, and deliver with demands in accordance with company polices. Maintain a “fee log” for all fees transmitted to Miami (must cover a 12 month period)

• Produce reports with actual funding reconciled on a monthly basis.

• Develop a system for the “breaking down” and proper disbursement of loan documents, as they open, via the remote system to processing center. Assist with training necessary staff to split loan documents.

• Develop an audit system to manage correctness and accuracy of loan documents and funding (wires) to avoid delays and duplication of efforts.

• Prepare proper and complete post-closing packages as required by investors.

• Conduct post-closing audit to maintain proper quality control guidelines and to collect post-closing items to meet investor requirements.

• Ensure procedures are in place to meet the policies and procedures for shipping files to Lennar Mortgage for post-closing to meet investor guidelines for “shipping, insuring and guaranteeing loans.”

• Become familiar with lenders and investors closing requirements, forms and procedures.

• Assist Processing Supervisor as needed.

• Create an atmosphere of “customer service” in the funding department to ensure a productive positive environment.

Requirements

• Minimum 3 to 5 years funding and/processing experience, including conventional and government.

• Strong computer background with 3 to 5 years experience in mortgage software and working knowledge of Excel and Word for Windows.

• Strong verbal communications skills.

• Excellent analytical capabilities.

• Strong knowledge of preliminary title report endorsements and potential for problems with same.

Life at Lennar

At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone’s Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar’s policies and applicable plan terms. Visit Lennartotalrewards.com to view our suite of benefits.

Join the fun and follow us on social media to see what's happening at our company, and don't forget to connect with us on Lennar: Overview | LinkedIn

for the latest job opportunities.

Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.