Mortgage Loan Closer/Funder I

Commonwealth Credit Union • Frankfort, KY

17h

About The Position

Our goal is to be an Employer of Choice, and it takes all of us to achieve
this.  That’s why all Commonwealth Credit Union Team Members are expected to
live our Team 1 culture in all facets of their position.  Our team is committed
to ‘bettering lives through our passion to serve’ and this includes everyone -
from our team members to the people in the communities we serve.  We do this
best when we appreciate each other for our differences, foster connections, and
ensure an inclusive environment where everyone can thrive and be successful.

The Mortgage Closer/Funder I is responsible for preparing and verifying the
accuracy, completeness, and regulatory compliance of all documentation related
to mortgage closings. This role requires close coordination with loan officers,
underwriters, and title companies to facilitate seamless and timely closings.
The Closer/Funder ensures all mortgage loans are funded within mandated
regulatory timelines and executes the loan setup process within the appropriate
software systems.

Responsibilities

• Initiating wire transfers and processing disbursements to the designated parties on the scheduled disbursement date.
• Identifying and resolving any discrepancies or missing information that may delay the funding process.
• Maintaining thorough and accurate records of all funding activities to ensure compliance and support audit requirements.
• Preparing final closing documentation, including the Closing Disclosure, Promissory Note, Mortgage, and all required legal forms, with a strong emphasis on accuracy and attention to detail.
• Coordinating the timely delivery of closing documents to the appropriate parties.
• Conducting a thorough review of the loan package to ensure accuracy and completeness.
• Verifying that all signed documents are returned and properly recorded in accordance with regulatory and organizational standards.
• Remaining in communication with the Mortgage Loan Originator and title company to ensure all documentation is signed and reviewed in accordance with TRID regulations.
• Enhancing expertise by actively pursuing development opportunities, including but not limited to, attending conferences, acquiring certifications, completing learning courses internally and through other relevant platforms, or engaging in both internal and external leadership programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed
• Number of Employees: 101-250 employees