Full-Time

Mortgage Closer

Posted on 1/17/2025

Orchard

Orchard

501-1,000 employees

Streamlines home buying and selling process

Real Estate

Junior, Mid

Remote in USA

Remote work is available in TX, GA, CO, NY, CA, WA, NC, MI, TN, or AZ.

Category
Real Estate
Real Estate Finance

You match the following Orchard's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 2+ years of closing and disclosure experience
  • Experience in calculating figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Must understand how to handle IPCs
  • Experience with Conventional, FHA, and VA loans on purchase transactions
  • Excellent written and verbal communication
  • Ability to thrive in a fast paced team oriented environment
Responsibilities
  • Issue Loan Estimates, disclosures on Changes of Circumstances (COCs), and Adverse Action notices
  • Coordinate loan closings in compliance with company and industry standard rules and regulations
  • Prepare legal documents and closing packages for title companies and attorneys
  • Create Initial Closing Disclosure, Final Closing Disclosure and Closing Document package
  • Review loan documents for accuracy and make any necessary corrections
  • Ensure all loans are closed in strict accordance with all guidelines
  • Prepare and verify final figures
  • Send closing documents and review executed closing documents upon receipt for funding approval.
  • Review, calculate, and order the funding wire through the appropriate warehouse
  • Communicate with all parties involved to ensure a smooth closing process.
  • Resolve any post-closing issues related to closing of the loan

Orchard operates in the residential property market, focusing on making the process of buying and selling homes easier for individuals and families. Their main service is the 'Move First' approach, which allows clients to purchase a new home before selling their current one, reducing the stress of coordinating both transactions. This is supported by a guaranteed back-up offer that provides security for sellers. Additionally, Orchard offers free home valuations that are claimed to be 30% more accurate than typical valuations, helping clients understand property values better. Unlike traditional real estate agencies, Orchard's unique services and focus on client convenience may allow them to charge higher fees. The goal of Orchard is to simplify the home buying and selling experience, making it less stressful for their clients.

Company Stage

Series D

Total Funding

$228.6M

Headquarters

New York City, New York

Founded

2017

Growth & Insights
Headcount

6 month growth

2%

1 year growth

0%

2 year growth

-5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Orchard is among the top 10 fastest-growing real estate companies in the U.S.
  • Expansion into Arizona, Oregon, and Washington opens new market opportunities for Orchard.
  • Increased demand for digital real estate transactions enhances Orchard's tech-driven services.

What critics are saying

  • Rising interest rates could dampen the housing market, affecting Orchard's growth.
  • Increased competition from startups offering similar services may erode Orchard's market share.
  • Expansion into new markets may strain Orchard's resources and operational capabilities.

What makes Orchard unique

  • Orchard's 'Move First' approach allows clients to buy before selling their current home.
  • Orchard offers free home valuations claimed to be 30% more accurate than competitors.
  • Orchard provides a comprehensive suite of vendor partner services for home improvement.

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Benefits

Comprehensive benefits - We offer medical, vision, and dental benefits for employees and dependents, with some plans fully sponsored by Orchard.

Paid parental leave - We offer new parents up to 18 weeks paid leave to bond with their newborns—plus a customized one-month transition period to ease into life as a working parent.

Paid family leave - We offer up to 10 weeks paid leave for employees who need to care for sick family members.

Flexible paid time off - We count your contributions, not vacation days. Take the time you need to recharge and refresh.

Team events - From monthly town hall meetings to team lunches and gatherings outside of the office, we make time to celebrate wins and unwind together.

Paid industry certification - We cover dues on licenses and renewal fees for brokers, realtors, and more.

INACTIVE