Mortgage Loan Closer

• Send closing instructions and closing document packages to closing agents within required time frames
• Review Loan Origination System information for accuracy and completeness
• Wire necessary funds to closing agents within required time frames
• Review and approve final Closing Disclosures and Settlement Statements before authorizing funding and key release
• Comply with investors’ and states’ closing requirements, forms, and procedures
• Check loan documents for correctness and accuracy before funding
• Coordinate closings with escrow coordinators, Branch Managers, and Loan Officers
• Interface with processors and borrowers to collect approval conditions
• Manage loan-closing timelines and funding volume to meet funding goals
• Monitor fees charged, collected, and waived
• Obtain documents and corrections requested by Post Closing or investors
• Assist the Closing Supervisor as needed
• Work with the Division Manager and Loan Officers on local marketing campaigns

• Create accurate Closing Disclosures
• Obtain borrower, title company and Loan Officer approval
• Prepare and deliver on time closing package to settlement agent
• Order funds for closing
• Confirm funds receipt 24 hours before closing
• Field incoming calls and correspondence
• Enhance relationships with title companies, partners and clients
• Perform duties as assigned
• Review and clear Compliance Alert (Mavent) fails/warnings
• Clear funding conditions
• Complete closing instructions for settlement agent
• Ensure compliance with federal, state, and investor regulations and guidelines
• Monitor and meet daily/monthly funding goals and deadlines
• Communicate effectively with title companies, branch managers, loan officers, and processors

Mortgage Loan Funder/Closer

• Establish closing dates and times with members
• Coordinate closing times with title companies and originators for purchase loans
• Review documents with members and obtain required signatures
• Close mortgage loans in office for specific mortgage loan programs
• Order payoffs for existing liens
• Prepare name, property, hold harmless, judgment, and occupancy affidavits
• Obtain releases on previous liens
• Complete verbal verifications of employment
• Prepare Closing Disclosure settlement figures
• Obtain homeowners insurance verification
• Review closing figures with members before closing
• Review all loan documents for accuracy
• Cross-sell credit union products and services
• Maintain knowledge of credit union mortgage products
• Apply federal mortgage-loan regulations
• Perform notary services
• Perform other duties assigned by supervisors or management