Loan Operations, Loan Closer

About Milo:

Reimagining the way global consumers access credit and financial services in a borderless world, we are the first digital home lending solution for global consumers and investors who want to buy or cash out on their US real estate. We lend directly to our consumers through a world-class digital, multi-language platform.  Milo is on the mission to build a digital bank providing financial solutions for global and crypto consumers.  Founded in 2019, we are a venture-backed fintech startup headquartered in beautiful Miami.  

We’re ready to Unlock What’s Possible! Are you?

The Opportunity: 

The Milo team has an amazing opportunity for an experienced Loan Closer to join our Loan Operations team. The Loan Closer will join our Loan Operations team and will be responsible for closing loans once cleared from underwriting. The Loan Closer will finalize and send out the loan package while driving efficiencies to reduce the time it takes in closing a loan.

• Review original closing documents to ensure proper execution
• Follow up in a timely fashion to receive all corrections on closing documents.
• Partner with Capital Markets team to answer any investor questions.
• Develop and maintain work flows for all states of documents preparation, closing, filed documentation, funding of loans, and delivery of loans to investors. 
• Send out loan package to title agents through loan origination system once Closing Disclosure is approved.
• Reviews funding items; disburses funds and issues funding number.  Prepares wire transfer for disbursement.
• Manage a large loan queue in a timely fashion.
• Escalate to management all unresolved issues, where appropriate.
• Reviews file for regulatory compliance. 
• Attend weekly pipeline meetings with to assure loans projected to close are on time
• Speak up and suggest improvements wherever you see an opportunity.
• Working knowledge of Investor underwriting and funding guidelines in order to assist in loan delivery to partners.

• Experience working in Encompass or another LOS.
• Experience underwriting and/or closing foreign national loans at a regional bank.
• Having a network of other high-quality processors/underwriters/closers that would be interested in joining the team.
• Independent and entrepreneurial mindset.

• Bachelor’s Degree
• 5+ years at a bank in their residential mortgage lending department with good knowledge of lending post-closing and quality assurance practices.
• Strong written and verbal communication skills.
• Must be able to adapt well to a fast-paced and constantly changing business environment.
• PC proficient at the intermediate level.
• Comfortable with new technology systems and paperless environment, demonstrated an ability to work in a team-oriented environment; demonstrated ability to provide good customer service.

Our Team:

We're self-starters who are passionate and enthusiastic about what we do. Our culture is high output and low drama—doing great work, constantly improving and celebrating our success.  If you've got vision, drive, and a roll-up your sleeves attitude, you'll fit right in. The Milo team is creating new technology solutions that are both elegant and scalable, and if that fires you up, join us!

Our Core Values:

Integrity 

Always do what is right and fair - for our clients, our partners, and our company.

Simple, Fast, & Obvious 

Create simple solutions.  Move Fast.  Build trust through the process.

Curiosity 

Our team is always learning! We’re not afraid to ask questions, make mistakes, and find new ways.

Perseverance 

We work hard through our challenges, commit to a plan, and never give up in the process!

Our Benefits & Perks:

-  Competitive compensation to the market and tech ecosystem

-  Stock options, giving you ownership in a fast-growing company

-  Generous vacation policy with 4 weeks PTO per year, encouraging our employees to disconnect, relax, & reenergize. 

-  Medical, dental, & vision insurance with up to $1,000 of premiums covered per month

-  Option to save for your future and enroll into our 401K program 

-  Your choice of equipment for you to get your job done!

-  Fully stocked kitchen & fridge -- with all the coffee, seltzers, & snacks you’ll need to fuel yourself through the day

-  Monthly social hours including virtual game nights, ping pong tournaments, happy hours, etc.

-  Quarterly out of office team-building events

-  New office in vibrant Wynwood with a fun, energetic, & hardworking team committed to creating a product making a difference!