Mortgage Closer

Job Overview

The Mortgage Closer understands the mortgage process and schedules closing, prepares loan closing documents, and funding authorization on both residential mortgage loans and Home Equity loans.

Attention to detail is paramount. The right candidate must possess enthusiasm and willingness to help members meet their goals. They will participate as a team member dedicated to supporting the growth of real estate lending, providing the highest quality of customer service to internal and external customers while practicing the core values of Citadel Brand. Employees of Citadel are the core of Citadel Credit Union. Our members are the foundation of who we are and drive our purpose of serving our member base.

This position does offer some remote work post training with Closing Manager approval.

Responsibilities

• Handle all loans workflow from clear-to-close until loan is submitted to loan servicing
• Quality Control Reviews of all loan types prior to Scheduling and Closing Package preparation.
• Work with Closing Coordinator/ Closing Assistant Manager to schedule loan settlements with customers, title company, Insurance Agents, realtors, etc.
• Review loan approval to ensure all conditions have been met and are collected.
• Create & Validate CD’s/ changed circumstances for RESPA compliance.
• Review Rate locks prior to closing.
• Review Title reports.
• Create and review Closing Disclosures and Closing Instructions.
• Deliver required forms to members as needed to meet federal timing requirements.
• Prepare and deliver closing document packages
• Review and provide Funding Authorizations as required
• Reviews calculated taxes, insurance, and MI for accuracy.
• Review closed loan packages for pre-funding authorization
• Prepare Post-closing packages for long term paper and digital storage.
• Direct contact with mortgage processor and borrowers to obtain application information needed for the closing of First and Home Equity loans.
• Handle member calls and inquiries daily.
• Interact with originators, borrowers, mortgage team and vendors daily
• Must keep informed of current trends in mortgage lending and market factors affecting mortgage.
• Other administrative tasks as needed.

Qualifications and Education Requirements

• Understanding of Mortgage lending and the origination process. Knowledge of Fannie Mae, PMI, and Credit Union lending guidelines. Knowledgeable in all TRID disclosure requirements.
• Prefer minimum of 2 years Mortgage Closing experience
• High School Diploma or equivalent
• Experience with Loan Systems, preferably Encompass
• Microsoft Office, Encompass, or other mortgage front end system
• NMLS Registration will be required

Additional Skills/Notes

• Strong organizational and time management skills
• Must have good communication, problem solving and decision-making skills.
• Excellent customer service and conversational skills required.
• Possess superior analytical, oral, and written communication skills.