Mortgage Loan Closer I
APCU/Center Parc, Hapeville, GA, United States
Seeking 2+ years of experience performing Mortgage Loan Closing tasks for a Credit Union, Bank, or related financial institution. Must have excellent attention to detail with ability to work in a fast-paced environment. FHA, USDA, Conventional, and HELOC. MeridianLink a plus.
The company reserves the right to hire the position as a level I or as a level II given the qualifications of the applicant. The level II position requires specific mortgage loan closing experience in excess of the level I and requires the knowledge, skills, and abilities to focus on the most complex or high dollar amount transactions with minimal supervision.
Title: Mortgage Loan Closer I
Position Status – Full Time – non-exempt (Hourly)
Reports To: Retail Loan Processing Mgr.
Pay information for the Mortgage Loan Closer I: $18.98 - $23.73 per hour
The listed pay information includes the minimum rate of pay to the mid-point rate of pay for the posted position. The actual compensation for this position may vary based upon, but not limited to, licenses or certifications, education or equivalent work experience, market data, qualifications, relevant experience, prior work and performance history, geographic location, and business sector.
We believe great work is to be rewarded with great benefits. Our benefits include, but aren’t limited to, Medical coverage with generous company contributions, Dental with employee only coverage paid by the company, Vision with employee only coverage paid by the company, Paid Time-Off, 401k plan with a defined company match, company paid long-term disability, short term disability, and company paid holidays.
Purpose The primary purpose of this position is to assist Center Parc Credit Union (CPCU) to live out our Mission, “To help our members achieve financial success by providing exceptional products and service.”
The primary responsibilities of a Mortgage Loan Closer I involves ensuring that all mortgage transactions are completed accurately and in compliance with regulatory requirements.
Essential Duties and Responsibilities Other duties may be assigned.
Adhere to and deliver on Center Parc’s core values:
Serve Exceptionally
Commit to Better
Find the Fun
Invest in Integrity
Follow the Numbers
Go Forth and Conquer
Protect with Passion
Coordinate with all parties involved in the closing process, including borrowers, lenders, title companies, and attorneys, to ensure a smooth transaction.
Conduct a thorough pre-closing review to verify that all documentation, fees, and terms are accurate and aligned with loan agreements.
Calculate final closing costs, disburse funds, and ensure that mortgage funding occurs in a timely manner.
Review and prepare closing documents, including HUD-1 statements, mortgage notes, and truth-in-lending disclosures. Ensure that all documents are complete and accurate according to federal and state regulations.
Ensure closing packages are in alignment with CPCU and investor guidelines as well as secondary market requirements including pre-funding QC, VOE within 10 days of closing and TRID tolerance violations.
Build and maintain strong relationships with attorneys, title companies, originators, and all internal or external stakeholders associated with the closing of each loan.
As required, follow internal processes and procedures to wire funds.
Input all closed mortgage loans into Symitar in accordance with the final closing instructions.
Adhere to the provisions of the Fair Credit Reporting Act (FCRA), Military Lending Act (MLA), Equal Credit Opportunity Act (ECOA), Truth in Lending Act (TILA), Fair Housing Act (FHA), the Universal Code (UCC), Regulation Z, Home Mortgage Disclosure Act (HMDA),and any other state or federal regulation associated with the granting of credit that are applicable to this position.
Effectively use written and oral communication skills in daily correspondence and completion of tasks and consistently presents a positive image of the Credit Union.
Exhibit strong organizational skills and attention to detail, and the capacity to simultaneously work on multiple loan packages.
Maintain positive and productive working relationships with all internal and external stakeholders.
Demonstrate effective written and oral communication skills in all work activities.
Demonstrate effective time management and prioritize daily work to meet deadlines and goals.
Attend ongoing training as needed, including on and off-site workshops and webinars to maintain a high level of knowledge related to the position.
Comply with all aspects of BSA/AML and OFAC regulations as they relate to this position.
The ability to travel overnight or to other business locations is less than 5%.
Other duties as assigned.
Supervisory Responsibilities No direct reports. May manage day-to-day tasks through indirect reporting relationships or through a matrixed management approach and the ability to collaboratively interact with internal and external partners.
Qualification Requirements To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/pr ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
REQUIRED Education and/or Experience
Requires a level of knowledge normally gained with a high school diploma or equivalent
1 to 2 years of mortgage loan processing or closing work experience in banking, financial services, or a credit union
10-Key calculator, typing and keying skills, and working knowledge of Microsoft Office software
Familiarity with mortgage documentation, compliance regulations
PREFFERED Education and/or Experience
An associate’s degree in business management, business Administration, related field of study or 2 years specific mortgage processing or mortgage closing experience in lieu of a degree
2 years specific mortgage loan closing experience in a credit union
Certified Mortgage Closer certification (CMC) or other certifications related to the position
Familiarity with Symitar
Physical Job Requirements Must be physically able to operate a variety of automated office machines such as calculator, computer, printer, facsimile, telephone, copier, etc. Must be able to stand, bend and stoop as needed. Must be able to lift and/or carry weights of 5 to 25 pounds.
Center Parc Credit Union is an equal opportunity employer committed to providing equal opportunities to applicants and our policy is not to discriminate against any applicant or employee based on race, color, sex, religion, national origin, disability status or veteran status or any other basis protected by applicable federal, state, or local laws. APCU Center Parc Credit Union prohibits harassment based on the same protected classes and criteria.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job. The requirements for the position listed are general and are not all inclusive. If you have any questions concerning this position, please contact Human Resources.
Please note that an employment offer, and your continued employment are contingent upon acceptable results of a background and credit check, and satisfactory proof of your right to work in the U.S.
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The company reserves the right to hire the position as a level I or as a level II given the qualifications of the applicant. The level II position requires specific mortgage loan closing experience in excess of the level I and requires the knowledge, skills, and abilities to focus on the most complex or high dollar amount transactions with minimal supervision.
Title: Mortgage Loan Closer I
Position Status – Full Time – non-exempt (Hourly)
Reports To: Retail Loan Processing Mgr.
Pay information for the Mortgage Loan Closer I: $18.98 - $23.73 per hour
The listed pay information includes the minimum rate of pay to the mid-point rate of pay for the posted position. The actual compensation for this position may vary based upon, but not limited to, licenses or certifications, education or equivalent work experience, market data, qualifications, relevant experience, prior work and performance history, geographic location, and business sector.
We believe great work is to be rewarded with great benefits. Our benefits include, but aren’t limited to, Medical coverage with generous company contributions, Dental with employee only coverage paid by the company, Vision with employee only coverage paid by the company, Paid Time-Off, 401k plan with a defined company match, company paid long-term disability, short term disability, and company paid holidays.
Purpose The primary purpose of this position is to assist Center Parc Credit Union (CPCU) to live out our Mission, “To help our members achieve financial success by providing exceptional products and service.”
The primary responsibilities of a Mortgage Loan Closer I involves ensuring that all mortgage transactions are completed accurately and in compliance with regulatory requirements.
Essential Duties and Responsibilities Other duties may be assigned.
Adhere to and deliver on Center Parc’s core values:
Serve Exceptionally
Commit to Better
Find the Fun
Invest in Integrity
Follow the Numbers
Go Forth and Conquer
Protect with Passion
Coordinate with all parties involved in the closing process, including borrowers, lenders, title companies, and attorneys, to ensure a smooth transaction.
Conduct a thorough pre-closing review to verify that all documentation, fees, and terms are accurate and aligned with loan agreements.
Calculate final closing costs, disburse funds, and ensure that mortgage funding occurs in a timely manner.
Review and prepare closing documents, including HUD-1 statements, mortgage notes, and truth-in-lending disclosures. Ensure that all documents are complete and accurate according to federal and state regulations.
Ensure closing packages are in alignment with CPCU and investor guidelines as well as secondary market requirements including pre-funding QC, VOE within 10 days of closing and TRID tolerance violations.
Build and maintain strong relationships with attorneys, title companies, originators, and all internal or external stakeholders associated with the closing of each loan.
As required, follow internal processes and procedures to wire funds.
Input all closed mortgage loans into Symitar in accordance with the final closing instructions.
Adhere to the provisions of the Fair Credit Reporting Act (FCRA), Military Lending Act (MLA), Equal Credit Opportunity Act (ECOA), Truth in Lending Act (TILA), Fair Housing Act (FHA), the Universal Code (UCC), Regulation Z, Home Mortgage Disclosure Act (HMDA),and any other state or federal regulation associated with the granting of credit that are applicable to this position.
Effectively use written and oral communication skills in daily correspondence and completion of tasks and consistently presents a positive image of the Credit Union.
Exhibit strong organizational skills and attention to detail, and the capacity to simultaneously work on multiple loan packages.
Maintain positive and productive working relationships with all internal and external stakeholders.
Demonstrate effective written and oral communication skills in all work activities.
Demonstrate effective time management and prioritize daily work to meet deadlines and goals.
Attend ongoing training as needed, including on and off-site workshops and webinars to maintain a high level of knowledge related to the position.
Comply with all aspects of BSA/AML and OFAC regulations as they relate to this position.
The ability to travel overnight or to other business locations is less than 5%.
Other duties as assigned.
Supervisory Responsibilities No direct reports. May manage day-to-day tasks through indirect reporting relationships or through a matrixed management approach and the ability to collaboratively interact with internal and external partners.
Qualification Requirements To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/pr ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
REQUIRED Education and/or Experience
Requires a level of knowledge normally gained with a high school diploma or equivalent
1 to 2 years of mortgage loan processing or closing work experience in banking, financial services, or a credit union
10-Key calculator, typing and keying skills, and working knowledge of Microsoft Office software
Familiarity with mortgage documentation, compliance regulations
PREFFERED Education and/or Experience
An associate’s degree in business management, business Administration, related field of study or 2 years specific mortgage processing or mortgage closing experience in lieu of a degree
2 years specific mortgage loan closing experience in a credit union
Certified Mortgage Closer certification (CMC) or other certifications related to the position
Familiarity with Symitar
Physical Job Requirements Must be physically able to operate a variety of automated office machines such as calculator, computer, printer, facsimile, telephone, copier, etc. Must be able to stand, bend and stoop as needed. Must be able to lift and/or carry weights of 5 to 25 pounds.
Center Parc Credit Union is an equal opportunity employer committed to providing equal opportunities to applicants and our policy is not to discriminate against any applicant or employee based on race, color, sex, religion, national origin, disability status or veteran status or any other basis protected by applicable federal, state, or local laws. APCU Center Parc Credit Union prohibits harassment based on the same protected classes and criteria.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job. The requirements for the position listed are general and are not all inclusive. If you have any questions concerning this position, please contact Human Resources.
Please note that an employment offer, and your continued employment are contingent upon acceptable results of a background and credit check, and satisfactory proof of your right to work in the U.S.
#J-18808-Ljbffr