Sign upLog in

Mortgage Loan Closer Senior

Capital Educators Federal Credit Union

Meridian, ID

Apply
JOB DETAILS
SKILLS
Accounting Close, Communication Skills, Credit Union, Disbursements, Funding, Insurance, Loan Approval, Loan Closing, Loan Conditions, Loan Funding, Loan Review, Loans, Mortgage, Mortgage Lending, Operations Processes, Post Closing, Process Development, Real Estate Sales, Regulations, Service Delivery, Time Management, Underwriting
LOCATION
Meridian, ID
POSTED
Today
This job was posted by https://idahoworks.gov : For more information,
please see: https://idahoworks.gov/jobs/2559085
How to apply:Complete an Online Application at our
website[www.capedcu.com](http://www.capedcu.com/)for the specific job
opportunity that interests you. Resumes are not accepted in lieu of an
application.
Role:
TheMortgage Loan Closer Seniorpromotes member financial well-being
through coordinating preparation and disbursement of Mortgage loan
documents in accordance with underwriting approval. This position
engages members and meets with them in person or remotely to sign
closing documents while enriching the members experience and deepening
their relationship with the credit union. The Mortgage Loan Closer
Senior provides subject matter expertise to the Mortgage Closing team
and identifies and communicates improvements to the departments
operating methods and procedures.
Essential Functions & Responsibilities:
- Verifies accuracy and consistency of specifications on title
abstracts, insurance forms, and other required documents. Assembles
documents for delivery to title company, or lending officer for
closing. Calculates loan interest, principal payment, and closing
costs, either by computer or using factor table and calculator.
Types closing documents. Prepares initial and subsequent closing
disclosures.
- Verify that disclosure tolerances are within regulatory guidelines,
complete and prepare file for servicing and post-closing. Perform
2nd level review on closing documents prepared by other closers for
accuracy.
- Reviews approved mortgage loans to determine conditions that must be
met prior to closing. Reviews returned documents for accuracy and
completeness prior to funding. Prepare and balance closing numbers
and arrange funding wire or checks by working with other departments
within the Credit Union and settlement agents to ensure funding of
the transaction in a timely manner.
- Conduct necessary mortgage loan closings by meeting with members in
person or remotely to sign final loan documents, answer questions
regarding closing requirements and communicates funding of loan to
member.
- Maintain a high level of service and confidentiality with courteous
and effective communication with all interested parties including
members, title companies, realtors and attorneys throughout the
closing process.
- Supports the Mortgage Closing team by accepting unresolved complex
member inquires and works directly with members to research and
explore potential solutions to provide alternatives within company
policy. Follows escalation processes to direct members to
appropriate team member as needed.
- Assists department training for current or new employees by sharing
knowledge and expertise of internal procedures, how compliance or
other regulations affect processes, and helping employees be
confident in job functions relating to Mortgage Processing and
Mortgage products and services.
- Identifies and makes recommendations to improve the department's
operating methods, training and procedures. Collaborates with other
departments on member service delivery and process development
projects.
- Maintains knowledge of all credit union products, services, and
promotions to market all internal and external sources to sustain
loan production.
- Contributes to efficient Credit Union operations by performing other
job related duties as assigned.

About the Company

C

Capital Educators Federal Credit Union

Resume Resources

Free Resume TemplatesFree Resume Builder