Mortgage Post Closer

Who are we?

Since 1967, Toll Brothers has been building luxury homes and communities in the best locations in the U.S. Today, we’re a Fortune 500 company operating in over 60 markets. We’re the country’s premier luxury builder with the widest range of product offerings and price points in the industry, serving first-time, move-up, active-adult, and second-home buyers.

From the homes we build to the talent we recruit, we know that to be the best, we have to work with the best. Toll Brothers is a place where diverse perspectives and experiences are welcomed and where employees of all backgrounds are treated with fairness, dignity and respect. We believe every employee should feel safe to be their true and authentic self at work. Our employees are our family, and we strive to uphold the values that our founders instilled in us, creating an exceptional place to work that is inclusive to all.

Toll Brothers Mortgage Company , a subsidiary of Toll Brothers , seeks a Mortgage Loan Post Closer to review and prepare loan closing packages from our Corporate Office in Fort Washington, Pennsylvania.

What is the opportunity?

• The Post-Closer will review and ensure quality control of the closed loan package and ensure timely
  delivery to the Investor for Funding. The Post-Closer will review closed loan packages for accuracy,
  prepare loans for shipment to the appropriate Investor and follow up on any outstanding suspense
  conditions.

What are the primary responsibilities?

• Manage pipeline of closed loans through the loan sale process
• Review closed loan documents for accuracy and compliance with state and federal regulations
• Package and ship each loan for accuracy and compliance with the Investor the loan is being sold to
• Prioritize loans based on aging and delivery expiration dates
• Review conditions from investors and determine validity of each suspense
• Submit and clear suspense conditions as appropriate. Includes uploading and following up with investor to
  make sure conditions were received along with following up until condition I satisfied with investor
• As appropriate, follow up with appropriate departments to obtain corrections and or missing documents
  needed to get loan sold
• Communicate with internal departments and external vendors for missing documentation
• Monitor pipelines to ensue loans are received, shipped and cured of any outstanding deficiencies within the
  allowable timeframes
• Follow up with Investors for loan status
• Transfer MERS to Investor
• Produce and send goodbye letters
• Report on deficiency trends to management
• Notify manager of Compliance and other management as appropriate on Compliance and or Salability
  issues when they arise

Don't miss this opportunity to join one of the nation's most respected Fortune 500 companies!

Does this describe you?

• Effective written, oral, and presenting skills to all levels of the organization.
• Able to plan and prioritize while focusing on detail orientation and effective time management.
• Working knowledge of Microsoft Office programs, including Outlook, Excel, Word, and PowerPoint.

Do you have these qualifications?

• Essential:
  • Working knowledge of Office Programs
  • Detailed oriented and organized
  • Strong verbal and written skills, ability to multi-task and meet deadlines
  • Work in office 3-days per week. Additional in office days may vary per Division/Department.
• Preferred:
  • Bachelor’s degree in Business or Equivalent
    
  • Mortgage Experience a plus
    
  • Working knowledge of TRID regulations, RESPA, HMDA and, AIR requirements
    
  • Encompass Experience

We offer an excellent benefits package, including comprehensive medical/dental, 401(k) with a company match, discounted stock purchase, discounts on mortgages, homes, appliances, and much more!

For immediate consideration, APPLY ONLINE TODAY!

Toll Brothers Mortgage Company At A Glance

We are a subsidiary of Toll Brothers, Inc. (NYSE=TOL), the largest, most profitable publicly traded luxury home builder in the U.S.

TB Mortgage, America's Luxury Home Lender , provides home financing to buyers of Toll Brothers homes as well as to other clients. In 2023, our average loan amount was $515,000 with an average loan-to-value ratio of 64%. In addition, our clients' average credit score was above 750.

• We offer a broad product line with very competitive Conventional and Jumbo pricing.
• As new construction financing expects, we offer multiple long-term rate lock options, many with terms for up to 12 months.
• Our Loan Originators enjoy the exclusive advantage of Company-generated leads - 125,000 people per year fill out visitor cards at our new home communities throughout the nation.

To learn more about Toll Brothers Mortgage Company, please visit Toll Brothers Mortgage Company.

Toll Brothers is committed to ensuring equal employment opportunity. All employment decisions, policies, and practices are in accordance with applicable federal, state, and local anti-discrimination laws. Toll Brothers will not engage in or tolerate unlawful discrimination (including any form of unlawful harassment) on account of a person's sex (including pregnancy), age, race, color, religion, national origin, ancestry, citizenship, physical or mental disability, sexual orientation, gender nonconformity, status as a transgender individual, gender identity, genetic information, marital status, family responsibility, armed services, or any other status protected by law.