Bay Equity is a full-service retail mortgage lending institution headquartered in Corte Madera, CA. In 2011 and 2012, San Francisco Business Times named Bay Equity among its "Top 100 Fastest-Growing Private Companies" in the Bay Area.

We are hiring a Closing Associate IV to work remotely for our team.

Job title: Closing Associate IV – Sr. Funder

Reports to: Closing Manager

FLSA: Non Exempt

Job purpose:

• The Closing Associate IV is responsible for reviewing loan documents, requesting and obtaining loan approval conditions, and facilitating the closing of the transaction. This position will have daily contact with the Loan Originators, Processors, and Closing Agents to ensure accurate and timely closings. Compliance with TILA-RESPA Integrated Disclosure rule is critical to avoid untimely delays to the closing of the loan transaction.

Duties and responsibilities:

• Review file for TILA RESPA Integrated Disclosure violations and ensure file is in compliance and fees/APR's are within tolerances

• Prepare final loan documents for closing and engage Escrow/Title for closing date coordination

• Review all loan documents for correct signatures, notary information, escrow instructions, etc. and to maintain compliance with federal, state (wet and dry), and guidelines

• Work with Underwriting to ensure all conditions have been cleared

• Communicate with all parties’ status of funding

• Adhere to Funding turn times

• Process minimum of 4 to 6 files per day

• Condition review of minimum 4 to 6 files per day

• Ensure proper uploading and assigning of loan docs to appropriate placeholders

• Prepare Collateral Package for submittal to Wire Desk

• Other duties as assigned

Job Specific Skills and Knowledge:

• Familiarity with ENCOMPASS a plus

• Familiarity with TILA RESPA Integrated Disclosure, HOEPA, HMDA, required

Personal Attributes:

• Detail and results oriented

• Able to work accurately in a fast paced environment

• Provide outstanding customer service in fast paced environment

• Ability to collaborate with others in a team setting

• Ability to prioritize

• Adapts easily to change

Qualifications:

• High School degree or GED

• 3+ years of mortgage banking Funding experience.

• Good verbal and written communication skills

Direct reports: N/A

We offer a comprehensive benefit package including; medical, dental, vision, life insurance, 401k, and paid time off. Compensation is based on experience and ranges from $48,000 - $62,000/yr. This is a full-time position.

Bay Equity is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information. Bay Equity is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, contact our Human Resources Department at hrdeskteam@bayeq.com.