• Closing Specialist

    Job Locations US-CA-San Diego
    Job ID
    Job Type
    Regular Full-Time
    Single Family Mortgage
  • Description:

    BofI Federal Bank [NASDAQ: BOFI] with over $9 billion in assets, is one of the fastest growing banks in the nation and is rated in the top 5 of online banks in the country!  


    The Closing Specialist is responsible for a cross-functional role with opportunities to work in all aspects of the closing process on a daily basis as the workload dictates to include but not limited to:  generating initial and final closing disclosures, drawing docs, reviewing docs, funding loans, and other various functions.  


    This role is responsible for performing a variety of loan documentation duties on moderate to complex loans, using up-to-date comprehensive knowledge and experience. Candidate will need to possess understanding of current investor guidelines and government regulations: TRID, RESPA, ECOA, FCRA, HMDA, MDIA, TILA, HUD, AIR (previously HVCC) and all other compliance guidelines.


    Essential Duties and Responsibilities:

    • Obtain Verbal Verification of Employment
    • Department mail distribution to include validation of file stacking order prior to delivery to funders
    • Request Closing Package status from Escrow for Funding
    • Scan and Upload loan files for all funders
    • Regulatory validation to include Flood, HMDA, TRID, RESPA, etc.
    • Clear purchased loans and old funded loans from the storage room
    • Log notes and deliver to Loan Servicing
    • Other duties as assigned to include cross training on closing and funding

    Key Skill Sets or Knowledge Requirements:

    • Excellent organizational skills
    • Attention to detail is a must, along with a keen eye for identifying problems on a loan
    • Ability to work in a team environment
    • Strong math skills and computer literacy
    • Ability to work under pressure, multi-task and meet deadlines in a fast paced environment
    • Willingness to perform multiple functions throughout the day as the need arises

    Desired Career Experience & Education Requirements:

    • Experience in a closing department of a lender
    • Understanding of current investor guidelines and government regulations is also a must: RESPA, ECOA, FCRA, HMDA, MDIA, TILA, HUD, AIR (previously HVCC) and all other compliance guidelines
    • High School diploma


    • Current lending experience and/or knowledge
    • Bachelor’s degree from an accredited college or university

    Job Functions and Work Environment:


    While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.


    The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.



    Equal Employment Opportunity:


    BofI Federal Bank is an equal opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state and local laws.



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