Mortgage Closing Specialist

Polish National Credit Union stands strong as a full-service, member-owned credit union, offering a complete line of personal and business banking products and services. Since our inception in 1921, Polish National has grown to meet the needs of our communities. We proudly support the community through non-profit and educational initiatives. An important aspect of all positions at the credit union is to fulfill our mission: “To Grow Lasting Relationships to Improve People’s Lives.”

We are currently seeking a self-motivated, energetic individual to join our team. The ideal candidate will possess three to five years of mortgage closing experience in a credit union or similar financial institution and be eager to make an impact with a strong, professional work ethic.

Essential Duties and Responsibilities:

Performs a variety of duties pertaining to the closing of residential mortgage loans, including ensuring files are cleared to close, scheduling timely mortgage closings, loan funding, and post-closing functions. Prudently adheres to Polish National Credit Union’s lending policies and procedures as well as all applicable regulatory requirements.

• Ensures all underwriting conditions on mortgage files have been satisfied and the file is cleared to close.
• Verifies all required information, forms, and documentation is collected and complete, including but not limited to file contacts.
• Promptly schedules loan closings with mutually convenient closing dates to facilitate an efficient, streamlined process for our borrowers and closing partners.
• Daily interaction with settlement agents, paralegals, and borrowers; provides timely responses to resolve any problems or questions pertaining to scheduling and loan funding.
• Works with borrowers and insurance companies to obtain satisfactory insurance binders
• Prior to closing, identifies potential issues and works to resolve issues promptly.
• Prepare accurate and compliant closing documents, including closing disclosures that comply with all TRID regulations.
• Contact borrowers to notify them their closing disclosure has been sent and must be signed within the specified time for the closing to occur.
• Reviews compliance reports (Mavent) and resolves issues as necessary.
• Maintains and updates the department’s closing calendar to ensure it is up to date.
• Contacts settlement agents if documents are missing or incorrect; follows up with weekly emails or calls to ensure issues are resolved.
• Schedules equity closings with member and branch staff and prepares closing documents.
• Serves as backup for post-closing; ensures complete closing packages are received promptly; reviews all packages to ensure the required closing documents have been returned and are correct and signed, notarized, etc. Scans and uploads all closing packages into the Credit Union’s loan origination system and ensures the individual documents are correctly distributed in the electronic file.
• Provides support to and assists loan servicing with all lending audits and exams
• Responsible for completing all required compliance training, as well as ongoing training as assigned.

Benefits:

Polish National Credit Union offers an attractive compensation and benefits package, including health, dental, vision, flexible spending accounts, 401(k) with employer match, tuition assistance, and a student loan repayment program.

Equal Opportunity Employer

Our Credit Union is an equal opportunity employer. All applicants will be considered regardless of race, color, creed, religion, sex, sexual orientation, national origin, age, marital or veteran status, medical condition, disability, genetic information, or any other legally protected status. Equal access to the hiring process, services, and employment is available to all persons.

Qualifications:

• Minimum of three years mortgage closing or related experience in a credit union or similar financial institution
• Knowledge of lending compliance regulations (Reg. Z, RESPA, Truth in Lending, Reg. B, HMDA, etc.)
• NMLS/SAFE ACT compliant
• Experience with Encompass is preferred
• Superior attention to detail
• Possess solid organizational and time management skills and problem-solving skills
• Self-starter, self-reliant, dependable, ability to work within and meet specific time constraints
• Team player with a positive attitude
• Proficient in MS Office and Outlook
• Results-oriented and able to prioritize multiple tasks
• Excellent written and verbal communication skills