Loan Closing Coordinator I

Redwood Credit Union • Napa, CA

7d • $24 - $31 • Onsite

About The Position

Redwood Credit Union is looking for a Loan Closing Coordinator I, who will be responsible for supporting RCU’s lending departments closing and funding processes particularly focused in Mortgage Lending, by working both individually and as part of a team to facilitate the loan closing process, including the creation and review of loan closing documents. The Loan Closing Coordinator I must have entry level skills in reviewing loan closing documents for completeness and accuracy, as well as demonstrated ability to balance funding transactions in partnership with title companies utilized to transact the loan.

Requirements

• Basic knowledge of mortgage lending guidelines and regulations.
• Clear understanding of RESPA and TRID regulation requirements.
• Experience using internet-based loan origination software.
• Basic knowledge of investor guidelines (Fannie Mae Preferred) and compliance requirements.
• Ability to work in a high paced environment with self-driven initiative to effectively prioritize multiple tasks.
• Strong attention to detail.
• Experience creating residential loan closing documents.
• Ability to communicate effectively both verbally and in writing.
• Ability to establish and maintain effective work relationships with a diverse group of people including vendors and other Credit Union team members.
• Ability to act independently and confidentially, using discretion and tact.
• Ability to analyze situations and recommend workable solutions.
• Ability and desire to work in a team environment.
• High school diploma or equivalent.

Nice To Haves

• Experience with Accenture Mortgage Cadence and/or Episys Symitar platforms.

Responsibilities

• Prepare and remit accurate loan closing documents to closing agents.
• Ensure supplemental documents and underwriting stipulations are included.
• Review loan documents for completeness, accuracy, and compliance.
• Apply TRID regulations, including timing and accuracy of Loan Estimates and Closing Disclosures.
• Maintain compliance with RCU policies, investor guidelines (e.g., Fannie Mae), and regulatory changes.
• Validate executed loan documents for proper signatures, notary info, and title compliance.
• Resolve documentation errors and ensure fee tolerance compliance.
• Review and approve Closing Disclosure and Settlement Statement for accuracy.
• Issue final Closing Disclosure when needed and initiate wire transfers.
• Input funding data into loan origination and core banking systems.
• Address post-closing issues and support delivery of loan packages to investors.
• Provide backup support for lending phone queues.
• Respond to basic inquiries from members and interested parties regarding loan status.

Benefits

• Competitive medical, dental, and vision insurance, mental health offerings
• Employee performance incentive plan
• Salary Advancement– Merit increase based on performance
• 401(k) program with employer match
• Time Off- Competitive PTO accrual plus 11 paid company holidays and your birthday off!
• RCU employees are eligible for a .75% discount off RCU standard collateral auto loans
• RCU employees are eligible for a 1% discount on all recreational or boat loan products
• 2% discount off Visas and LOC Loans through RCU
• 0% interest loan to support employees with various immigration related expenses such as visa application fees and relocation costs. Loan amount up to $1,000.
• 0% interest loan to support employees with expenses associated with the naturalization process. Loan amount up to $15,000.
• 0% interest on garment, fitness, or home office equipment loan of up to $500
• 100% financing for employee purchased homes!

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED