Mortgage Processor, Closing & Funding Specialist

Hercules Credit Union•Taylorsville, UT

2d•$19 - $22

About The Position

Hercules First Federal Credit Union is committed to delivering exceptional service, fostering strong member relationships, and supporting our community. We are looking for a Mortgage Processor, Closing & Funding Specialist to join our Mortgage Lending team in Taylorsville. Position Summary In this full-cycle role, you’ll own the mortgage loan pipeline from initial file setup and document collection all the way through closing, wire disbursement, and post-closing compliance — ensuring every loan closes accurately, on time, and in full compliance with federal regulations and NCUA requirements.

Requirements

2–5 years of experience in mortgage processing, closing, post-closing, or funding.
Strong working knowledge of TRID / RESPA / TILA requirements.
Hands-on experience with a Loan Origination System (LOS).
Proven ability to collect and review mortgage documentation (income, assets, employment, credit).
Solid understanding of wire procedures and fraud prevention best practices.
Exceptional attention to detail, organizational skills, and ability to juggle multiple files under deadline.

Nice To Haves

Experience at a credit union or federally regulated financial institution.
Familiarity with NCUA regulations.
Bilingual in Spanish.
Knowledge of local Utah real estate practices.
Secondary market experience (Fannie Mae / Freddie Mac).

Responsibilities

Review new loan applications and follow up on missing documentation.
Order and track appraisals, title reports, flood certifications, and credit supplements.
Collect and organize borrower income, asset, employment, and credit documentation.
Clear underwriting conditions by coordinating with borrowers, realtors, and employers.
Maintain loan files in the LOS and communicate status updates to all stakeholders.
Prepare and deliver Loan Estimates (LE), Closing Disclosures (CD), and required notices.
Monitor TRID timing rules, 3-day disclosure periods, and CD waiting periods.
Prepare final closing packages aligned with underwriting conditions and internal policy.
Coordinate with applicants, realtors, title companies, and settlement agents.
Review title commitments, confirm vesting, lien position, legal descriptions, and recording instructions.
Balance CD figures with title company settlement statements; reconcile payoffs, escrow, fees, and credits.
Ensure TRID tolerance compliance and obtain final borrower acknowledgment prior to funding.
Prepare outgoing wires, verify instructions using fraud-prevention procedures, and confirm all funding conditions.
Fund loans accurately and on time per credit union policy.
Ensure complete, accurate loan files prior to boarding; support internal and external audits.
Identify and escalate discrepancies, tolerance violations, or compliance concerns.