Mortgage Loan CloserFunder

About the Company

Valon is transforming both mortgage servicing and consumer direct lending with a technology-first approach. Backed by Andreessen Horowitz (a16z) and managing over $130 billion in loans weve built our platforms from the ground upnot on outdated legacy systemsso homeowners lenders and investors experience greater transparency efficiency and care. By unifying processes into a modern AI-native operating system were leading the way in automation compliance and continuous improvement across our servicing and lending businesses.

Our mission is to empower every homeowner by making the mortgage experience simple secure and financially empowering. To achieve this we bring together world-class engineers servicing experts lending professionals and operations leaders who share a passion for improving the homeowner journey. Were not only reshaping what servicing and lending look like todaywere creating opportunities for talented people to help drive the future of the industry.

As we continue to grow Valon is expanding its footprint across multiple states opening the door to exciting new roles and career paths. Joining Valon means becoming part of a fast-scaling company where innovation collaboration and customer impact go hand in hand. Mortgage is just the beginningwere building the future of regulated finance and we want you to be part of it.

Lending at Valon

Valon is scaling up its mortgage lending business which aims to provide Valon homeowners the ability to access low-cost streamlined mortgage loans and give Valon partners the tools they need to retain customers. As a member of the Lending department you will make it faster easier and cheaper for homeowners to get loans by reinventing the homeowners journey. We are looking for experienced and innovative individuals who are eager to transform the mortgage industry for the better by building our team and business.

About this Role

We are seeking a Mortgage Loan Closer/Funder to take ownership of residential mortgage loan files and fulfill the requirements necessary to ensure the timely and accurate completion of all closing/funding/post-closing activities for loans. This includes reviewing loan files ensuring compliance with regulatory requirements at initial closing disclosure preparing documentation for final document preparation and resolving any issues that arise after loan closing. The role will require the ability to multitask in a fast-paced environment working in multiple applications. The role will specifically be focused on the review submission and delivery of case files to FHA or VA following up on exceptions cited during HOC underwriting review and insuring government loans by obligatory deadlines. The ideal candidate has a demonstrated track record of providing exceptional customer service to both internal and external partners. The ideal candidate would also need to communicate effectively and resolve issues with a strong sense of urgency.

Responsibilities

• Prioritize and monitor daily workflows as we pilot our new LOS - Vesta.

• Review and track all necessary objectives/tasks to update internal and external software programs (e.g. Encompass and/or Vesta) accordingly.

• Train to become our special matter expert related to all Closer/Funder/Post-Closer role objectives and tasks for initial and COC closing disclosure preparation final balancing and document preparation document review and funding within Vesta.

• Assist with all related post-closing and backlogged tasks.

• Collaborate with operations to address and resolve any post-closing investor suspense items including document discrepancies missing documents and/or compliance violations.

• Be resourceful to overcome loan challenges rectify issues and research red flags.

• Proactively identify and address potential loan challenges or unsaleable/uninsurable loans directly with Management.

• Ensure all processes comply with the companys policies and standard operating procedures investor requirements state/federal regulations and insurer/guarantor requirements.

• Other duties as assigned

Ideal Background

• Experience working with Vesta (Loan Operating System) is a PLUS! Encompass experience is also preferred.

• Bachelors Degree or equivalent related industry experience.

• Thorough understanding of relevant federal rules and regulations (e.g. RESPA TILA ECOA TRID CFPB).

• Minimum of 4 -6 years of cross-trained experience as a Closer/Funder/Post-Closer/ and/or Government Insuring

• Previous experience with relevant technology (e.g. DU LP FHA Connection CATALYST Investor portals).

• Ability to work independently with little or no supervision.

• Strong written communication skills.

• Strong problem-solving skills

• Demonstrates strong time management skills with the ability to meet deadlines.

Minimum Qualifications

• 2 years of experience with Encompass.

• Knowledge of state lending laws and regulations.

• Experience using government sites for VA and FHA

• Advanced Google Suite and Microsoft Office skills

• Minimum education requirement: High school diploma or GED equivalent required

Location

• On-site for 90 days minimum specifically during training months on our new LOS platform

• WFH dates as approved by Management

Benefits

• Compensation: Competitive salary and 401 (k) plan

• Health & well-being: Well invest in your physical and mental well-being with comprehensive medical dental & vision benefits

• Food & meals: in-office snacks and drinks and Bagel Fridays

• Commuter benefits: We offer pre-tax deductions for public transportation rideshare services and parking expenses to make your commute more affordable and convenient.

• Grow together: Company-wide orientation for you to successfully onboard and other learning & development opportunities including regular review cycles that feature 360-degree feedback

• Generous time off: 17 days paid time off sick days and 11 company holidays

• Baby bonding time!: 12 weeks off for both birthing and non-birthing parents - fully paid so you can focus your energy on your newest addition

Throughout the interview process please remember that emails will only be from email addresses. We will never ask for any personally identifiable information during the interview process itself. Please reach out to if you have any requests to verify the authenticity of an outreach.

Valon is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race color sex religion sexual orientation national origin disability genetic information pregnancy or any other protected characteristic as outlined by federal state or local laws. Valon makes hiring decisions based solely on qualifications merit and business needs at the time.