Mortgage Closer/Funder

The Mortgage Closer is a critical role in the home loan process, responsible for ensuring that all necessary documents and conditions are met before closing and funding residential mortgage and home equity loans and lines of credit. This position requires strong attention to detail, excellent communication skills, and the ability to work independently in a fast-paced environment.

• Verify all closing conditions have been cleared by the Underwriter and prepare closing package.
• Satisfy outstanding conditions and complete a file review to ensure compliance prior to closing and funding.
• Review all closing conditions provided by the underwriter are cleared by obtaining necessary documentation and in compliance to secondary market and credit union policies.
• Prepare and send out 3-day Closing Disclosure within timeframes for RESPA/TILA compliance.
• Complete verbal verification of employment and any other verifications as required.
• Clears tasks in the LOS system or resubmit to Underwriting for approval as instructed.
• Reviews Closer pipeline reports daily to manage flow of anticipated closings.
• Communicate with member, title/closing agents, realtors, insurance agents, to coordinate and schedule closing and obtain any pending items and clear title required.
• Complete checklists to ensure all documents and tasks have been completed throughout the process.
• Meet with members and conduct closings on home equity loans and HELOCs in the Home Loan Department.
• Funds the loans by performing applicable wire transfer transactions for first mortgage loans.
• Maintain data integrity as loan progresses through closing.

• Associate's degree or equivalent combination.
• 2-4 years of Mortgage experience.

• Strong verbal, written and interpersonal communication skills.
• Knowledge of Fannie Mae guidelines.
• Knowledge of mortgage related regulations RESPA/TRID.