Mortgage Closer/Funder

6 days ago


Oswego, Illinois, United States Educational Federal Credit Union Full time
Job Summary

The Mortgage Closer is a critical role in our team, responsible for ensuring the smooth closing and funding of residential mortgage and home equity loans and lines of credit. This position requires attention to detail, excellent communication skills, and the ability to work independently in a fast-paced environment.

Key Responsibilities
  • Verify all closing conditions have been cleared by the Underwriter and prepare the closing package.
  • Review and clear tasks in the LOS system or resubmit to Underwriting for approval as instructed.
  • Manage the flow of anticipated closings by reviewing pipeline reports daily and communicating with processors and underwriters.
  • Coordinate with members, title/closing agents, realtors, and insurance agents to schedule closings and obtain any pending items and clear title required.
  • Review all closing documents to ensure signature and accuracy of documents upon receipt.
  • Fund loans by performing applicable wire transfer transactions for first mortgage loans and funds loans in Symitar system for home equity type loans and HELOCs.
  • Comply with all company policies and procedures, applicable laws and regulations, including RESPA/TRID, Regulation B, Regulation Z, Fair Lending, and NMLS Safe Act.
  • Cross-sell credit life/disability insurance products on Home Equity loans and lines of credit.
  • Maintain personal information up-to-date in the NMLS registry within 30 days of a change.
Requirements
  • 2-4 years of Mortgage experience
  • Associate's Degree or equivalent combination preferred

We offer a competitive salary, comprehensive benefits package, and opportunities for career growth and development. If you are a motivated and detail-oriented individual with a passion for mortgage operations, we encourage you to apply for this exciting opportunity.



  • Oswego, Illinois, United States Educational Federal Credit Union Full time

    Job Title: Mortgage Closer/FunderWe are seeking a highly skilled Mortgage Closer/Funder to join our team at Educational Federal Credit Union. As a Mortgage Closer/Funder, you will be responsible for closing and funding residential mortgage and home equity loans and lines of credit.Key Responsibilities:Verify all closing conditions have been cleared by the...


  • Oswego, Illinois, United States Educational Federal Credit Union Full time

    Mortgage Closer/Funder Job SummaryThe Mortgage Closer/Funder is a critical role in the Home Loan Department, responsible for ensuring the smooth closing and funding of 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 effectively in a...