Mortgage Loan Processor/Closer

Description

The mortgage loan closer/funder will coordinate all phases of loan closing. The responsibilities include preparing loan closing packages for second mortgage transactions, communicating with all parties involved in the transaction, and ensuring that all paperwork is complete, accurate, and in compliance with legal regulations. The mortgage loan closer/funder will coordinate with borrowers and third-party service providers to ensure first mortgage loans close successfully and in compliance with legal regulations. The Mortgage loan closer will prepare and facilitate wires in connection with all mortgage transactions. A successful mortgage closer should be detail-oriented, have a great sense of organization, have strong communication skills and be able to maintain accurate closing schedules.

Requirements

• Responsible for complying with all laws, statues, rules, and regulations with govern the credit union, including but not limited to all components of the Bank Secrecy Act.
• Responsible for complying with all laws, statues, rules and regulations which govern the mortgage delivery process, including, but not limited to all components of NCUA and CFPB guidance.
• Represent MTC FCU in a courteous professional manner, while providing efficient and accurate service.
• Provide member service in person, electronically and by telephone, concerning mortgage and credit union offerings.
• Respond to member requests and concerns in a timely manner, directing as necessary to other internal departments.
• Preparing and reviewing loan closing packages and paperwork for second mortgage loans.
• Work with member to review and acknowledge closing disclosure
• Ensuring the accuracy and completeness of all required documents.
• Managing and resolving any concerns, problems, and documentation issues.
• Acting as an intermediary between all parties involved in first mortgage loan transactions.
• Ensuring closing details comply with state and federal regulations.
• Coordinating mortgage closing proceedings.
• Maintaining accurate closing schedules.
• Follow up on trailing documents on funded mortgage loans.
• Complete accurate wire forms for all mortgage transactions.
• Confirm funded mortgage loans are boarded for servicing
• Prepare assignment forms as necessary for secondary market mortgage loans
• Back up post closing as necessary for booking loans, saving stacked file and following up on trailing documents.
• Assist as necessary with projects and assignments such as updating policies or procedures.
• Back up for servicing related functions.