Mortgage Closing Coordinator

Red River Employees Federal Credit UnionTexarkana, TX
Onsite

About The Position

The Mortgage Closing Coordinator is responsible for all aspects relating to closing, ensuring accuracy of closing documents, including initial escrow collection and insurance. This role monitors compliance with loan parameters, prepares closing checks with a strong emphasis on accuracy, and maintains confidentiality of member information. The coordinator also packages post-closing loan files for electronic delivery, manages logs and communication with investor suspense teams, and ensures timely delivery of secondary market loans to investors. The position requires adherence to all Credit Union policies and procedures and may involve other related duties as assigned.

Requirements

  • Experience in real estate entry including but not limited to account servicing and maintenance, data entry, filing, etc.
  • High school diploma or the equivalent with some college desirable.
  • Competent computer skills and use of standard office equipment.
  • Ability to meet, speak, and deal effectively with people, being professional always.
  • Must maintain a neat and professional appearance.
  • Ability to operate normal office equipment and some lifting, not to exceed 25 pounds.
  • Ability to follow the core values of Team-Focused, Excellence, Authenticity, and Leading in Innovation.

Nice To Haves

  • Some college desirable.

Responsibilities

  • Responsible for all aspects relating to closing.
  • Responsible for accuracy for closing documents including initial escrow collection and insurance if applicable.
  • Monitors compliance regarding loan parameters depending on loan type.
  • Prepares all closing checks with strong emphasis on accuracy.
  • Should possess excellent verbal and written skills to accommodate members, title companies, attorneys, and realtors both in person as well as via telephone.
  • Ability to work independently, manage time efficiently, and follow verbal and written instructions proficiently.
  • Assists with inputting closed loans into our core system.
  • Help with escrow when needed.
  • Work well with co-workers and maintain a “team” attitude within the Credit Union.
  • All employees will maintain confidentiality regarding member information with the highest regard.
  • Properly maintain work area, strictly adhering to Credit Union policy regarding member’s privacy.
  • Receives mortgage loan files post-closing and packages each file per investor guidelines for electronic delivery.
  • Maintains logs and communication with investor suspense teams to clear post-closing/pre-funding conditions.
  • Must ensure each secondary market loan electronically as well as facilitate the delivery of the file to the prospective investor prior to delivery deadline.
  • Adheres to all Red River Employees Federal Credit Union policies and procedures.
  • Performs other related duties as assigned.
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