Mortgage Closer I

Hiring range: Min $ 22.05  - Mid $ 25.94 per hr.

Employee Highlight Video!

Essential Duties and Responsibilities:

• Responsible for selling and cross-selling Credit Union services to current and potential members. Credit Union services are to be promoted using the "member benefit-based approach".
• Fully complies with the requirements of all Credit Union policies, including but not limited to the Bank Secrecy Act, the Patriot Act, and OFAC Policies.
• Prepares approval letter to member and prepares attorney closing instructions.
• Schedules closings with attorneys, coordinating with members, insurance companies, real estate agents, pest control companies, flood determination companies, and survey companies.
• Ensures loans close in a timely manner, meeting rate locks, contracts, and other deadlines.
• Prepares closing documents in accordance with approval, legal and regulatory guidelines.
• Approves title insurance commitments, surveys, wood infestation reports, and homeowners’ insurance policies for closing.
• Coordinates funding of loans with servicing area, ensuring compliance with Loan Officer/Management Loan Committee conditions.
• Audits final closed loan file for regulatory compliance.
• Prepare and balance funding worksheets and request outgoing wires.
• Disburse loans to mortgage servicing, assuring loan details and escrow are set up accurately.
• Performs file maintenance on member accounts.
• Processes mortgage payoffs/paid mortgage loan documents and ensures correct disposition of related lien releases.
• Posts General Ledger funds, when received from an attorney, balances General Ledger deposits daily on these loans.
• Assist post-closing with audit, compliance, and funding-related conditions.
• Review, activate, and deactivate mortgage insurance.
• Prepares closing documents for Conventional and other specialized loan programs.
• Assist in processing/closing and scheduling with home equities and modification loans.
• Close Georgia home equities at our local office.
• Assures loans meet HMDA requirements and compliance.
• May be assigned other tasks by appropriate line supervision.

Supervisory Responsibilities:

There are no supervisory responsibilities in this position.

Other Skills:

• Specialized knowledge of all products, regulations, and policies.
• Ability to make sound decisions based on information provided.
• Versatility and flexibility working within an ever-changing, fast-paced mortgage environment.
• Ability to function independently within time constraints.
• Excellent verbal and written communication skills.
• Strong attention to detail and organizational skills.
• Ability to prioritize daily workload.
• Ability to work in a team environment.
• Strong work ethic, reliable, and dependable.
• Basic knowledge of mortgage/underwriting terminology.
• Excellent time-management skills.

Computer Skills:

To perform this job successfully, an individual should have knowledge of Microsoft Office software, including Windows, Word, Excel, Outlook Email /Calendar, and Internet Explorer software. Experience with Encompass, Mortgage Servicer, and/or Episys Quest system preferred. 

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job.  Regularly required to sit and stand; use hands or fingers, touch or feel and reach with hands and arms.  Frequently required to walk, stand, stoop, kneel, crouch or crawl.  Occasionally required to climb and balance.  Frequently required to lift and/or move up to ten pounds and occasionally lift/or move up to twenty-five pounds. Regularly required to listen and interpret information received through spoken words and sentences in person and by the phone and accessed via the computer.  Regularly required to communicate information and ideas so others will understand both in person, on the phone, and via the computer. Vision requirements include close vision, distance vision, color vision, peripheral vision, depth perception andthe  ability to adjust focus.

Salary : $26