Mortgage Closer/Funder

Cyprus Credit Union is looking to hire a Mortgage Closer/Funder. Do you have a strong work ethic that embodies what credit unions stand for? Are you interested in starting a career with an exciting and respected financial institution that offers opportunities for comradery, professional growth, and advancement? If so, please read on!

The future of Cyprus Credit Union is only as bright as our team. We employ a team of like-minded banking professionals. In order to attract and retain quality talent, we offer competitive pay, and comprehensive benefits, provide opportunities for employee advancement, share resources for career development, and encourage a work-hard/play-hard lifestyle. Additionally, we value diversity, volunteering for our communities and taking steps to do our part in reducing our carbon footprint.

Qualifications

As a Mortgage Closer/Funder you will earn a competitive pay depending on your experience and qualifications with the opportunity for bonuses and incentives. We also offer both our part-time and full-time member services employees the following comprehensive benefits:

• Health, dental, life, and vison insurance plans
• 401k and retirement savings plan
• 12 paid holidays
• Paid day off for your birthday
• PTO that will start accumulating on day one
• Earn additional PTO when you volunteer in the community
• Competitive tuition reimbursement
  
  

Due to our "Most loved" atmosphere, Cyprus Credit Union was named one of the BEST credit unions to work for since 2020!

Here at Cyprus we value the success and rewards that come as we learn and grow together! Through our "career pathing "programs we offer continuous trainings that can provide you with opportunities in advancement. If this sounds like something you have been waiting for, don't hesitate apply now to start your future with Cyprus!

A DAY IN THE LIFE OF THE MORTGAGE CLOSER/FUNDER

the Post Closer is Responsible for providing administrative support for all mortgage loan closing and post-closing activities. Responsible for ensuring that final loan documents are received and delivered to investors in a timely and accurate manner. Maintain departmental records, reports, and files. Assist in preparing, organizing, and delivering accurate and complete loan packages for both loan servicing and secondary market activities. Organize loan documents for closing, funding, and imaging processes. Assist in processes necessary for secondary market loan purchase. Assists other departmental functions in secondary reviews of loan processes.

Assume responsibility for providing effective administrative support for mortgage loan closings.

• Help prepare appropriate closing documents for members in accordance with loan program. Calculate closing figures.
• Review all closing documents for completeness and accuracy including title reports and lock confirmations.
• Coordinate closings with title companies
• Ensure compliance with underwriting conditions.
• Obtain and sign off closing conditions.
  
  

Assumes responsibility for monitoring final loan documentation for delivery to the secondary market

• Monitors internal and investor reports for outstanding final docs.
• Accounts for the status of all missing documents.
• Obtains final documents from title companies and/or applicable systems.
• Files and images documents as they are received.
• Checks mortgage loan documentation for accuracy and completeness.
• Forward necessary documents and information to investors.
  
  

Assumes responsibility for the effective completion of closing, funding and loan purchase activities.

• Prepare file for the closing, funding, and delivery of loans.
• Assist in the second review for Cenlar data, 2nd mortgage funding's, and construction draws.
• Completes uploading of files and suspense items for purchase by investors.
• Deliver necessary bar-coded documents to Cenlar for loan servicing.
• Assist in monitoring, document review, and shipping of files to FHA
  
  

Assumes responsibility for assisting in related accounting and computer maintenance for loan purchase processes.

• Assist in balancing loans purchased on secondary market.
• Assist in distributing purchase information to appropriate departments.
• Enter computer data for loan tracking
  
  

Assumes responsibility for maintaining effective coordination and communication with area personnel, Credit Union personnel, and management.

• Assists and supports area and Credit Union personnel as needed.
• Completes reports and records promptly and accurately.
• Assists in tasks for QC Audits.
• Maintains departmental files. Files loans after closing and shreds files as determined by QC Audits.
• Attends and participates in meetings as required.
• Keeps management informed of area activities and of any significant problems.
  
  

Assumes responsibility for establishing and maintaining profession business relationships with members and investors.

• Resolves requests and problems promptly and courteously.
• Maintains and conveys the Credit Union's professional reputation.
  
  

Assumes responsibility for related duties as required or assigned.

• Ensures that work is clean, secure, and well maintained.
• Completes special projects as assigned.
  
  

PERFORMANCE MEASUREMENTS

• Records, reports, and files are accurate and up-to-date.
• Loan packages are legally compliant, complete, and submitted, purchased and insured in a timely manner to the secondary market.
• Good business relations exist with members. Problems and questions are courteously and promptly resolved or referred.
• Good business relations exist with secondary market investors. Loan packages are processed and delivered according to Credit Union procedures and legal policies.
• Loan shipping activities are effectively coordinated with record retention functions.
• Good coordination exists with area personnel and with management. Assistance and support are provided as needed. Management is properly informed.
• The Credit Union's professional reputation is maintained and conveyed
  
  

Qualifications

Required Knowledge

Basic knowledge of legal documents related to mortgage loans. Understanding of loan financing process. Familiarity with loan funding's

Skills/Abilities

Good verbal and public relations skills. Strong typing abilities. Good basic math skills. Able to use related computer applications. Well organized.

Experience Required

Minimum of two years of experience with the Credit Union

Education/Certification

High school graduate or equivalent.

Ready to join a team that values growth and community? Apply now and begin your future with Cyprus Credit Union!