Home Equity Closer

We are excited to share that S3 was named a Top Workplace of 2022 through the Baltimore Sun, 2023 Top Workplace in the USA as well as for leadership, and 2023 America’s most loved workplaces by Newsweek. Our commitment to teamwork and a positive attitude enables us to deliver service that generates quality results for our partners. If you join our team, we’ll invest in your learning and development through training programs designed to power your success.

S3 is a Credit Union Service Organization (CUSO) which is an organization, owned by credit unions. We serve credit unions by supporting their operations and delivering world class service.  We support the credit union members with their loans, deposits and other financial needs to achieve their goals.

The Home Equity Closer will be part of the talented Home Equity Closing team. This role will be responsible for reviewing loan files to prepare settlement documents, book loans to the credit union core systems to verify all pertinent information has been successfully transferred over. Provide excellent service to the members ensuring they understand what to expect prefunding and post funding. This role requires excellent organizational and communication skills, and the ability to adjust to changing business needs.

S3 STAR Values:

• Service

• Teamwork

• Attitude

• Results

Department: Home Equity

Reports to: Manager, Home Equity Closing

TOP JOB RESPONSIBILITIES:

• Conduct a thorough review of the loan file received from the processor.

• Prepare closing documents for delivery to settlement agent and member.

• Responsible for disbursing loan proceeds on funding date which could include internal disbursements, issuing checks, and wires as needed.

• Book and disburse loans in the credit unions’ core system accurately.

• Responsible for member communication to provide funding details prior to closing.

Other responsibilities and opportunities:

• Coordinate with first mortgage fulfillment team and 3rd party title companies to facilitate any simultaneous settlements.

• Work in collaboration and partnership with other team members, credit union partners, and vendors.

• Additional job-related projects and duties as assigned by management.

QUALIFICATIONS & SKILLS:

• 2 years of relevant work experience in the finance industry; home lending experience preferred.

• Knowledge of State and Federal laws pertaining to the mortgage banking industry (ie: RESPA, TILA, ECOA etc.)

• Candidate must be highly organized and able to handle a fast paced environment.

• Proficiency in MS Office (Word, Excel, Outlook).