Mortgage Closer/Funder

The 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 fast-paced environment.

• Closing and Funding: Verify all closing conditions have been cleared by the Underwriter and prepare the closing package. Satisfy outstanding conditions and complete a file review to ensure compliance prior to closing and funding.
• Documentation and Verification: Review all closing conditions provided by the Underwriter, obtain necessary documentation, and ensure compliance with secondary market and credit union policies. Prepare and send out 3-day Closing Disclosure within timeframes for RESPA/TILA compliance.
• Communication and Coordination: Communicate with members, title/closing agents, realtors, insurance agents, to coordinate and schedule closing and obtain any pending items and clear title required.
• Loan Processing and Funding: Enter loans on appropriate spreadsheets with updated closing information for management and department tracking. 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.
• Regulatory Compliance: Comply with all company policies and procedures, applicable laws and regulations, including but not limited to RESPA/TRID, Regulation B, Regulation Z, Fair Lending, NMLS Safe Act.

• Education: Associate's degree or equivalent combination
• Experience: 2-4 years of Mortgage experience

• Strong Communication Skills: Excellent verbal, written, and interpersonal communication skills
• Mortgage Knowledge: Knowledge of Fannie Mae guidelines and mortgage-related regulations RESPA/TRID

Every employee is required to comply with all Bank Secrecy Act (BSA) policies and procedures, and to attend required BSA-related training as assigned.

Benefits:

• Paid Holiday
• Paid Birthday
• Paid Sick and Personal Days
• Paid Vacation
• Retirement/401K with matching contributions
• Medical, Dental, and Vision Insurance
• Life Insurance and Long Term Disability
• Tuition reimbursement for Undergraduate and Graduate courses
• Various Incentive Programs
• Career opportunities