Mortgage Loan Disbursement Specialist

Arbor Financial Credit UnionOshtemo Charter Township, MI
Hybrid

About The Position

The Mortgage Loan Disbursement Specialist supports a smooth mortgage experience by reviewing closing documents, preparing loans for servicing, completing disbursement activities, and ensuring post-closing requirements are met accurately and on time. This detail-oriented position collaborates with title companies, members, and mortgage staff to maintain complete, compliant, and well-organized loan files.

Requirements

  • High school diploma or equivalent
  • Strong computer and application skills
  • Strong oral and written communication skills
  • Ability to successfully organize, prioritize, and manage multiple responsibilities
  • Ability to perform repetitive, detail-oriented tasks accurately
  • Strong interpersonal skills and ability to build collaborative relationships
  • Professionalism in conduct, communication, and appearance
  • Ability to be registered under the SAFE Act required
  • Ability to be bonded

Nice To Haves

  • Associates degree or equivalent combination of education/experience
  • Financial services experience
  • Retail mortgage lending experience
  • Mortgage servicing software experience

Responsibilities

  • Review and maintain mortgage closing packages.
  • Prepare, transfer, and verify loan data between origination and servicing systems.
  • Complete loan funding, escrow setup, PMI activation, and related transactions.
  • Resolve post-closing, underwriting, documentation, and quality control items.
  • Process servicing updates, construction draws, payment setup, and loan conversions.
  • Collaborate with title companies, members, and mortgage staff to resolve issues efficiently.

Benefits

  • Paid vacation
  • Personal time off
  • Sick time off
  • Holiday time off
  • Volunteer time off
  • Birthday time off
  • 401(k) with 6% match
  • 4% profit-sharing contribution
  • Health insurance
  • Dental insurance
  • Vision insurance
  • HSA
  • Flexible spending plans
  • Life insurance
  • Short-term disability coverage
  • Long-term disability coverage
  • Employee Assistance Program
  • Loan discounts
  • Mortgage discounts
  • Higher rates for savings products
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