Mortgage Loan Closer/Funder

Members Choice Credit Union•Houston, TX

17d

About The Position

The Mortgage Loan Closer / Funder is responsible for preparing all real estate Closing Disclosures after loans have been cleared for closing by underwriting. In addition, Mortgage Loan Closer / Funder is responsible for funding all mortgage loans. The Mortgage Closer/Funder must have background knowledge of conventional purchase, refinance, cash-out refinance, home equity and home improvement loans. This is a very detailed oriented role with responsibilities for timely and accurately disclosing Closing Disclosures within TRID guidelines, validating information, reconciling loan fees and charges with title companies, attorney’s offices, appraisers, surveyors, etc., and accurately conducting transactions to disburse funds to Borrowers and/or title companies. Mortgage Closer/Funder must have the ability to maintain effective communication with Borrowers, loan officers, loan processors, underwriters, title companies, and attorney office personnel.

Requirements

Must register with the National Mortgage Licensing System
High school graduate with 3 years of experience in mortgage lending with at least 2 years closing mortgage loans.
Knowledge and familiarity with Calyx loan origination system strongly preferred
Bilingual in Spanish is a plus
Strong oral and written communication skills, with the ability to provide clear guidance and feedback.
Professional office appearance and demeanor, providing friendly, prompt, and accurate services to all members and associates.
Ability to work evenings and weekends if needed and maintain a dependable record of attendance and timeliness.
Knowledge of software and hardware necessary to conduct business in a credit union environment, including, but not limited to: fax machine, voicemail, Outlook based electronic mail and calendars, E-Fax, Windows, Microsoft Office (Word, Excel, and PowerPoint)

Nice To Haves

Knowledge and familiarity with Calyx loan origination system strongly preferred
Bilingual in Spanish is a plus

Responsibilities

Prepare compliant Closing Disclosures with complete and accurate loan fees and charges from title companies, internal fees, and purchase contract credits.
Work alongside attorneys’ office and title companies to prepare closing disclosure and closing documents.
Have thorough knowledge of first and second mortgage real estate lending practices, including federal regulatory requirements, state regulations and agency requirements.
Verify the accuracy and integrity of all loan data entered in the loan origination system including but not limited to names, addresses, government monitoring information, loan information (i.e. loan estimate, loan amount, interest, terms, lock-in expiration dates, fees, etc.)
Set up appointment reminders in Outlook.
Review all executed closing documents and obtain additional items as needed
Verify all funding conditions have been met.
Verify the accuracy and integrity of all funding figures and general ledgers used.
Request outgoing wires from operations and approve funding disbursement.
Board loans onto FICS (mortgage servicing platform)
Update spreadsheets and loan origination system related to closing and funding dates and information.
Be flexible with respect to duties, scheduling, and periodically completing duties that may be outside their normal job description.
Foster and maintain positive relationships with both co-workers and members by actively embracing and demonstrating MCCU's culture, known as IMPACT.