Junior Closer

Who We Are

Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending, helping home buyers save thousands of dollars. Our AI-driven customer experience makes the lending process faster, less frustrating, and more affordable. By passing these savings directly to home buyers, we eliminate excessive fees and inflated rates that cost Americans billions each year. Backed by top-tier venture investors, including Ribbit, Citi Ventures, NFX and Progressive Insurance, Tomo is poised to become one of the most valuable fintech startups of our generation.

Location
:
New York, NY

Reports To
:
Sr. Manager, Closing & Post Closing

Type
:
Full-Time;
Hybrid (in office Mon-Wed, remote Thurs-Friday)

Are you passionate about helping home buyers achieve their dreams? Do you thrive in a fast-paced, team-oriented environment? If you’re eager to start your career in the mortgage industry or closing department, this is your chance to learn from the ground up!

As a Junior Closer, you’ll gain hands‑on experience in the mortgage process from start to finish. You’ll assist in coordinating loan closings, preparing closing packages, and ensuring seamless transactions so home buyers get their keys on time. With a strong desire to grow, you’ll develop the skills needed to become a seasoned closer/funder while delivering top‑tier customer service.

• Redisclose all fee changes due to changes in loan terms throughout the process (e.g. third party fees, changes in appraised values, etc.) to ensure Tomo is in compliance.
• Request and monitor all lender wires through the warehouse bank to fund loans on behalf of the entire closing team.
• Track all collateral packages to ensure timely delivery to warehouse banks and subsequent shipment to designated investors.

• Thoroughly review all pre‑closing documents to ensure accuracy of information, including fees, rates, property details, and vesting before document preparation.
• Input required closing data in the loan origination system
• Review compliance reports and remediate any fails or alerts
• Check title report for correct endorsements and approved items, and to verify that Borrower and property are correct
• Prepare and issue the Initial Closing Disclosure.
• Draw and release closing documents to the Settlement Agent
• Authorize funding of loan
• Assist in resolving any post‑closing issues as needed

• Attention to detail and organizational skills
• Staying current on federal, state, investor and internal policies and procedures
• Maintaining transparency between all teammates involved in a customer’s journey

• A bachelor’s degree
• 1+ years of professional experience (bonus if that is recent mortgage closing/funding experience)

• Career growth:
  Multiple paths within Tomo, including elite operational roles
• Equity ownership:
  All teammates receive stock options
• Coaching and mentorship:
  Build a foundation for a mortgage career

• Equity Ownership:
  All teammates receive stock options—we win together
• Comprehensive Medical, Dental, and Vision plans for you and your dependents with some plans 100% covered
• Work‑life balance and a generous paid time off policy
• In order to support teammates who become parents, Tomo Mortgage provides paid parental leave
• 401(k) retirement plan

Compensation Range: $60K