Mortgage Closer/Funder (On-Site)

Job Summary The Mortgage Closer is responsible for closing and funding residential mortgage and home equity loans and lines of credit. Verifies all closing conditions have been cleared by the Underwriter and prepares closing package. Satisfies outstanding conditions and completes a file review to ensure compliance prior to closing and funding. Duties & Responsibilities Reviews all closing conditions provided by the underwriter are cleared by obtaining necessary documentation and ensures compliance with secondary market and credit union policies. Prepares and sends a 3‑day Closing Disclosure within timeframes for RESPA/TILA compliance; explains and answers questions regarding the CD document to the member, and re‑discloses when required. Completes verbal verification of employment and any other required verifications; ensures all documents in file have not expired at time of closing. Cleans tasks in the LOS system or resubmits to Underwriting for approval as instructed. Reviews Closer pipeline reports daily to manage flow of anticipated closings; communicates with processors and underwriters regarding file status and works on loans based on date of receipt and priority. Enters loans on appropriate spreadsheets with updated closing information for management and department tracking. Communicates with members, title/closing agents, realtors, and insurance agents to coordinate and schedule closings and obtain any pending items and clear title requirements. Completes checklists to ensure all documents and tasks have been completed throughout the process; updates LOS with expected closing date. Meets with members and conducts closings on home equity loans and HELOCs in the Home Loan Department. Reviews all closing documents to ensure signatures and accuracy of documents upon receipt. Funds the loans by performing applicable wire transfer transactions for first mortgage loans; funds loans in Symitar system for home equity type loans and HELOCs; mails out funding checks to third parties. Must comply with all company policies and procedures, applicable laws and regulations including RESPA/TRID, Regulation B, Regulation Z, Fair Lending, and the NMLS Safe Act. Cross‑sells credit life and disability insurance products on Home Equity loans and lines of credit. Maintains personal information up‑to‑date in the NMLS registry within 30 days of a change. Processes Loan Closings, Advances, Payments, and Maintenance Items – including Rollovers, Conversions, Margin Changes and Other Operational Transactions – as well as Loan Closings, Renewals, and Loan Modifications on an ongoing basis. Compares documents and discusses discrepancies with underwriter and loan officer for resolution. Coordinates with settlement agent for timely funding and disbursement. Ensures completion of provided documents for necessary title reports, credit reports, appraisals, and inspections. Maintains data integrity as loan progresses through closing. Prepares funding figures and requests wire for funding after balancing with settlement agent. Reviews signed closing docs for accuracy and compliance. Performs other duties as assigned by management. Requirements 2–4 years of mortgage experience. Associate’s Degree or equivalent combination preferred. Compliance with all Bank Secrecy Act (BSA) policies and required BSA‑related training. Benefits Paid holidays. Paid birthdays. Paid sick and personal days. Paid vacation. Retirement/401(k) 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. #J-18808-Ljbffr