Sr Mortgage Loan Closer

MERITRUST CREDIT UNION•Broomfield, CO

1d•$29 - $36

About The Position

The Senior Mortgage Closer is responsible for ensuring the accurate and timely closing of mortgage loans. This role involves coordinating with various stakeholders, reviewing closing documents, and ensuring compliance with regulatory requirements. The Senior Mortgage Closer plays a critical role in the final stages of the mortgage process, ensuring a smooth and efficient closing experience for members.

Requirements

REQUIRED EDUCATION: High School Diploma or equivalent.
REQUIRED KNOWLEDGE: Comprehensive understanding of mortgage loan closing processes and regulations. Knowledge of federal, state, and local mortgage regulations. Familiarity with closing documentation and procedures.
EXPERIENCE REQUIRED: Minimum of 5 years of experience in mortgage closing or a related field. Proven track record of successfully closing mortgage loans. Experience in coordinating with title companies, borrowers, and other stakeholders.
REQUIRED HARD/TECHNICAL SKILLS: Proficiency in mortgage loan origination systems and closing software. Strong analytical and problem-solving skills. Excellent attention to detail and organizational skills. Ability to manage multiple tasks and meet deadlines. Effective communication and interpersonal skills.

Responsibilities

Closing Coordination: Communicate closing details and requirements to all stakeholders to ensure a seamless process. Expected to complete post-closing and MERs functions
Document Review: Review closing documents for accuracy and completeness (to include title commitment, tax certifications, hazard insurance, purchase contracts, and loan documents), ensuring all conditions are met. Review Lock Confirmation and Underwriter Approval to ensure loan is closed in accordance to investor, underwriting, state, and federal guidelines, Verify that all required signatures and documentation are obtained before closing.
Compliance: Ensure all closing activities comply with federal, state, and local regulations, as well as credit union policies. Stay updated on regulatory changes and adjust closing procedures accordingly. Register loans with MERS on applicable loans
Funding: Coordinate the request and disbursement of loan funds, ensuring all conditions are satisfied before funding. Verify loan documents for accuracy and completeness prior to funding. Communicate with internal departments to resolve any issues that may delay funding.
Member Communication: Ensure CD is signed timely by following up with Members Provide exceptional customer service to members, addressing any questions or concerns related to the closing process. Guide members through the closing process, explaining documents and procedures clearly.
Problem Resolution: Identify and resolve any issues or discrepancies that arise during the closing process. Work collaboratively with internal and external parties to address and rectify problems promptly.
Process Improvement: Identify opportunities for improving the closing process to enhance efficiency and member satisfaction. Implement best practices and new technologies to streamline closing operations. Assist with training and developing new closers.

Benefits

Comprehensive medical insurance plan
Dental and vision insurance
Generous paid-time-off
12 paid holidays
Annual bonus (based off of annual results/scorecard each year)
401(k) plan
Wellness program
Tuition assistance
Employee loan discount
Employee Assistance Program (EAP)
Life and disability coverage
Career development and pathing opportunities to move into leadership roles or other lines of business within MCU such as Commercial Lending, Finance, Marketing, Underwriting, Member Solutions, Training, Human Resources, and more.
Supportive and engaging work environment.
A wellness and sustainable work culture that puts family, Mother Nature, our community, and your health first.
A work environment that encourages personal as much as professional growth, teamwork to make the dream work, and treating everyone equally.