Mortgage Loan Funding Clerk jobs in New Britain, CT
Mortgage Loan Funding Clerk performs routine administrative tasks in support of the mortgage loan funding group. Prepares and finalizes documents and helps with packaging and funding for customers. Being a Mortgage Loan Funding Clerk ensures accuracy in loan closing process. Requires a high school diploma or its equivalent. Additionally, Mortgage Loan Funding Clerk typically reports to a supervisor. The Mortgage Loan Funding Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)
Recently Added Mortgage Loan Funding Clerk jobs
Loan Closer
- Liberty Bank
-
Middletown, CT
FULL_TIME
- At Liberty, we are proud to integrate our Diversity, Equity and Inclusion (DE&I) throughout all functions and areas of the Bank in order to maximize our impact and exceed goals. We believe that deepening our DE&I strategies in the workplace and communities we serve, creates a much better place to work for our teammates and a safe place where our customers are connected and supported. We take pride in promoting through initiatives and investment a socially responsible and sustainable future. SUMMARY OF THE JOB: Reporting to the Loan Closing Supervisor, the incumbent is responsible for managing all functions involved in closing and funding residential conventional, government and broker loans, home equity loans & lines. Ensures compliance with all regulations, as well as, ensures efficient, accurate and professional levels of customer service are provided to our customers and other professional agencies and contacts. Also, responsible for identifying system, documentation and calculation inconsistencies with all loans. ESSENTIAL FUNCTIONS: Job Responsibilities for first mortgage closings entail: The review of underwritten files to ensure the compliance of all HMDA criteria and the satisfactory receipt of all underwriting conditions prior to closing. Maintains contact with attorneys regarding status of loan closings. Interact with Liberty Bank’s closing attorney for Borrower in order to obtain all accurate information required for the Closing Disclosure at least 10 days before closing and to confirm the closing date Generation, approval & delivery of the new Closing Disclosure 3 to 6 days prior to the Closing as required by CFPB Government Regulation, (KBYO.) Completes verifications of credit, employment, insurance, OFAC and Attorney status to ensure closing can move forward Validates all fees & figures and resolves any resulting issues Prepares the required closing documents and reviews file documentation to ensure its compliance with Bank, investor, and regulatory guidelines for all first mortgages offered by the Bank. Follows up on outstanding closing documents from closing attorneys. This includes the research and resolution of auditing issues within specified timeframes to avoid repurchase or monetary penalties by insuring files comply with internal and external procedures/regulations. Monitor the closing preparation process to determine if any changes warrant generation of a revised Closing Disclosure. If so, delivery the Closing Disclosure within the regulated timeframe. Ensures the accuracy of corresponding documents for servicing-released products such as FHA, VA, CHFA, CHFA DAP, and FHLMC mortgages. Initiates the process to Fund all closed loans, balances all closing transactions and performs a post-closing audit to ensure set-up accuracy. Maintains effective working relationships with internal and external contacts including customers, realtors, builders, attorneys, appraisers, investors, and other Bank employees. Makes recommendations regarding the workflow process. Possesses sign-off authority with regard to specific commitment conditions. Job responsibilities for home equity loan/line closings: Reviews files to ensure the compliance of all HMDA criteria if applicable. Completes verifications of credit, employment, insurance, OFAC and Attorney status to ensure closing can move forward Validates all fees & figures and resolves any resulting issues Prepares loan closing documents within established timeframes. The same responsibilities for the Closing Disclosure listed above for 1st Mortgages also apply here for Keeps abreast of changes in the Insight system as it relates loan setups. Ensures closed loans have all required documents, disclosures and proper signatures and dates to ensure compliance with state and federal regulations. Scheduling of closings with all Liberty Bank Branches Post-Closing Audit of all executed loan closing documents and follow-up on all Post Closing issues Initiates the process to Fund all closed loans, balances all closing transactions and performs a post-closing audit to ensure set-up accuracy. MINIMUM REQUIREMENTS: Strong communication and analytical skills at a level normally acquired through the completion of high school or higher. Two years working knowledge of conventional, government and closing guidelines including FNMA & FHLMC fixed rate and adjustable rate programs, FHA, VA, CHFA, CHFA DAP, CRA, Construction loans and Home Equity loans and Lines. Must have a working knowledge of closing documents such as HUD-1 Settlement Statements, Aggregate Escrow Disclosures, Truth-In-Lending, Mortgages, Notes and applicable Riders. Knowledge of indirect programs offered through brokers. General knowledge of origination processing systems, beginner Word and Excel PC skills. ACCOUNTABILITIES: Loan Documentation: Accurately reviews loan packages to insure underwriting/closing conditions have been met prior to closing. Accurately prepares legal documents and completes loan packages required for closing. Funding: Accurately calculates loan proceeds and payments. Responsible for disbursing funds under various program parameters to dealer and third party brokers. Customer Service: Provides prompt and accurate information to all internal and external customers including brokers and attorneys to facilitate the closing process. PHYSICAL REQUIREMENTS: General Office Equipment Keyboard Dexterity Prolonged Sitting COMPLIANCE Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin or veteran status. Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.
- 27 Days Ago
Clerk
- Middlesex Health
-
Middletown, CT
FULL_TIME
- Clerk Hours: Full-Time/40 Hours Shift Details: Monday-Friday 8:00am-4:30pm with 1 Sunday per month (will get a day off during the week when working the Sunday shift). The Smarter Choice for your Caree...
- 19 Days Ago
clerk
- CENTER PACKAGE STORE
-
East Hampton, CT
PART_TIME
- JOB DESCRIPTION IS RUNNING A CASH REGISTER. HANDLING EMPTY RETURNABLE BOTTLES AND CANS. STOCKING SHELVES AND COOLERS. PUTTING AWAY DELIVERIES. OPERATING A LOTTO MACHINE. Job Type: Part-time Pay: $15.6...
- 1 Day Ago
Mortgage Occupancy Field Inspector
- GIS Field Services
-
Litchfield, CT
FULL_TIME
- GIS Field Services, Inc. is looking to hire a Mortgage Occupancy Field Inspector to perform residential property inspections on behalf of mortgage lenders. Our inspectors enjoy a flexible schedule whi...
- 5 Days Ago
Mortgage Data Analyst
- Webster Bank
-
Southington, CT
FULL_TIME
- If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, business...
- 13 Days Ago
Director, Commercial Loan Admin
- Webster Bank
-
Southington, CT
FULL_TIME
- If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, business...
- 2 Days Ago
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0 Mortgage Loan Funding Clerk jobs found in New Britain, CT area
Assistant Branch Manager/Business Specialist
- Westfieldbank
-
Holyoke, MA
- Description **Position:** Assistant Manager/Business Specialist **Department:** Retail Banking **Job Status:** Full Time...
- 4/26/2024 12:00:00 AM
Mortgage Loan Officer
- Nexgoal
-
Stamford, CT
- Our Clients Company Profile: Our client is a nationwide mortgage broker with over 50 years of mortgage expertise. With t...
- 4/25/2024 12:00:00 AM
Assistant Branch Manager/Business Specialist
- Westfieldbank
-
Springfield, MA
- Description **Position:** Assistant Manager/Business Specialist **Department:** Retail Banking **Job Status:** Full Time...
- 4/25/2024 12:00:00 AM
Finance Analyst
- Atlantic Group
-
Norwalk, CT
- -Small-business direct lender with ~65 employees, based in Norwalk, CT -The firm is seeking an analyst to perform monthl...
- 4/25/2024 12:00:00 AM
Mortgage Loan Officer
- NexGoal
-
Stamford, CT
- Our Client’s Company Profile: Our client is a nationwide mortgage broker with over 50 years of mortgage expertise. With ...
- 4/24/2024 12:00:00 AM
Personal Banker
- Key Bank
-
Hamden, CT
- Occupation: Banking, Mortgage, InvestmentSpecialty: Personal BankerLocation:2856 Whitney Avenue - Hamden, Connecticut 06...
- 4/24/2024 12:00:00 AM
Treasury Director
- Carrier Transicold Polska Sp. Z O.o.
-
Farmington, CT
- locations CACTO: Carrier-Home Connecticut Remote Location, Remote City, CT, 06034 USAtime type Full timeposted on Posted...
- 4/24/2024 12:00:00 AM
Treasury Director
- Carrier Global Corporation
-
Farmington, CT
- Country:United States of America Location:CACTO: Carrier-Home Connecticut Remote Location, Remote City, CT, 06034 USA Wi...
- 4/24/2024 12:00:00 AM
About New Britain, Connecticut
New Britain is a city in Hartford County, Connecticut, United States. It is located approximately 9 miles (14 km) southwest of Hartford. According to 2010 Census, the population of the city is 73,206.
Among the southernmost of the communities encompassed within the Hartford-Springfield Knowledge Corridor metropolitan region, New Britain is home to Central Connecticut State University and Charter Oak State College.
The city's official nickname is the "Hardware City" because of its history as a manufacturing center and as the headquarters of Stanley Black & Decker. Because of its large Polish p...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Loan Funding Clerk jobs
$39,213 to $54,030
New Britain, Connecticut area prices
were up 1.7% from a year ago
were up 1.7% from a year ago