Mortgage Loan Closer/Funder I
Commonwealth Credit Union, Frankfort, KY, United States
Description
From our team members to the people in the communities we serve, we value our differences, foster connections, and create an inclusive environment where everyone can thrive and be successful. Our goal is to be an Employer of Choice, achieving this through the commitment of all Commonwealth Credit Union Team Members to live our Team 1 culture in every facet of their position. By "bettering lives through our passion to serve," we support every individual involved.
Job Details The Mortgage Closer/Funder I is responsible for preparing and verifying the accuracy, completeness, and regulatory compliance of all documentation related to mortgage closings. This role requires close coordination with loan officers, underwriters, and title companies to facilitate seamless and timely closings. The Closer/Funder ensures all mortgage loans are funded within mandated regulatory timelines and executes the loan setup process within the appropriate software systems.
Responsibilities
Initiating wire transfers and processing disbursements to the designated parties on the scheduled disbursement date.
Identifying and resolving any discrepancies or missing information that may delay the funding process.
Maintaining thorough and accurate records of all funding activities to ensure compliance and support audit requirements.
Preparing final closing documentation, including the Closing Disclosure, Promissory Note, Mortgage, and all required legal forms, with a strong emphasis on accuracy and attention to detail.
Coordinating the timely delivery of closing documents to the appropriate parties.
Conducting a thorough review of the loan package to ensure accuracy and completeness.
Verifying that all signed documents are returned and properly recorded in accordance with regulatory and organizational standards.
Remaining in communication with the Mortgage Loan Originator and title company to ensure all documentation is signed and reviewed in accordance with TRID regulations.
Enhancing expertise by actively pursuing development opportunities, including but not limited to attending conferences, acquiring certifications, completing learning courses internally and through other relevant platforms, or engaging in both internal and external leadership programs.
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Job Details The Mortgage Closer/Funder I is responsible for preparing and verifying the accuracy, completeness, and regulatory compliance of all documentation related to mortgage closings. This role requires close coordination with loan officers, underwriters, and title companies to facilitate seamless and timely closings. The Closer/Funder ensures all mortgage loans are funded within mandated regulatory timelines and executes the loan setup process within the appropriate software systems.
Responsibilities
Initiating wire transfers and processing disbursements to the designated parties on the scheduled disbursement date.
Identifying and resolving any discrepancies or missing information that may delay the funding process.
Maintaining thorough and accurate records of all funding activities to ensure compliance and support audit requirements.
Preparing final closing documentation, including the Closing Disclosure, Promissory Note, Mortgage, and all required legal forms, with a strong emphasis on accuracy and attention to detail.
Coordinating the timely delivery of closing documents to the appropriate parties.
Conducting a thorough review of the loan package to ensure accuracy and completeness.
Verifying that all signed documents are returned and properly recorded in accordance with regulatory and organizational standards.
Remaining in communication with the Mortgage Loan Originator and title company to ensure all documentation is signed and reviewed in accordance with TRID regulations.
Enhancing expertise by actively pursuing development opportunities, including but not limited to attending conferences, acquiring certifications, completing learning courses internally and through other relevant platforms, or engaging in both internal and external leadership programs.
#J-18808-Ljbffr