Description
Summary: Travis Credit Union's (TCU) Loan Closer coordinates residential mortgage loan closings in compliance with TCU and investor standards, rules and regulations. This team performs quality reviews of all mortgage loan documents to ensure accuracy and compliance prior to disbursing funds. Accountable for all closing functions including drawing loan docs, disbursing funds and post-closing activities including delivery of files to investors for purchase. Profile:
- Reviews file documentation for completeness and accuracy to ensure compliance with TCU policies, procedures, product guidelines and government and investor requirements.
- Coordinates loan closings with appropriate parties to confirm all conditions on the loan have been or will be met prior to funding.
- Ensures proper method of delivery of disbursements to members, title companies and wire transfers.
- Funds conventional, FHA, VA, and home equity residential mortgage loans.
- Packages and delivers closed loans to investors in coordination with the Secondary Market Analyst.
- General knowledge of FNMA, FHLMC, FHA, VA, and home equity loan documents.
- Ability to complete assigned tasks within strict timeframes, self-direct, use independent judgement, and multi-task with proficiency.
- Knowledge of investor loan delivery practices.
- Knowledge of MERS mortgage registration.
- Ability to use multiple system applications.
- Strong verbal and written communication skills.
- Proficient in MS Office products (Word, Excel, Outlook).
- Strong analytical and time management skills.
- Able to work in a high pressure, fast paced environment.
- Sr. Loan Closer - $31.69-$39.14 per hour.
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