Mortgage Closing Coordinator

Red River Credit Union (RRCU); Texarkana (TX); On-site; USD 42,000 - 62,000; Full time

Job summary

Red River Credit Union in Texarkana, TX is seeking a Mortgage Closing Coordinator to manage all aspects of the closing process, ensure accuracy of documents, and monitor compliance with loan parameters. The role involves interacting with members, title companies, attorneys, and realtors by phone and in person, and preparing closing checks with care.

You will input closed loans into our core system, assist with escrow when needed, maintain post-closing files per investor guidelines, and

Qualifications

• Experience in real estate entry including account servicing and maintenance.
• High school diploma or equivalent; some college desirable.
• Competent computer skills and standard office equipment.
• Professional appearance and strong communication.
• Physical ability to lift up to 25 pounds.

Responsibilities

• Close mortgage files with accuracy and ensure compliance with loan terms and investor guidelines.
• Input closed loans into the core system.
• Coordinate escrow and insurance where applicable.
• Package files per investor guidelines for electronic delivery.
• Maintain confidentiality of member information and adhere to privacy policies.
• Interact with members, title companies, attorneys and realtors in person or by phone.

Skills

Professional demeanor

Communication skills

Attention to detail

Education

High school diploma or equivalent

Tools

MS Office proficiency (Outlook/Word/Excel)

Job description

• Responsible for all aspects relating to closing.
• Responsible for accuracy for closing documents including initial escrow collection and insurance if applicable.
• Monitors compliance regarding loan parameters depending on loan type.
• Prepares all closing checks with strong emphasis on accuracy.
• Should possess excellent verbal and written skills to accommodate members, title companies, attorneys, and realtors both in person as well as via telephone.
• Ability to work independently, manage time efficiently, and follow verbal and written instructions proficiently.
• Assists with inputting closed loans into our core system.
• Help with escrow when needed.
• Work well with co-workers and maintain a “team” attitude within the Credit Union.
• All employees will maintain confidentiality regarding member information with the highest regard.
• Properly maintain work area, strictly adhering to Credit Union policy regarding member’s privacy.
• Receives mortgage loan files post-closing and packages each file per investor guidelines for electronic delivery.
• Maintains logs and communication with investor suspense teams to clear post-closing/pre-funding conditions.
• Must ensure each secondary market loan electronically as well as facilitate the delivery of the file to the prospective investor prior to delivery deadline.
• Adheres to all Red River Employees Federal Credit Union policies and procedures.
• Performs other related duties as assigned.

Description

Position Title: Mortgage Closing Coordinator

Reports To

VP - Mortgage

Responsibilities

• Responsible for all aspects relating to closing.
• Responsible for accuracy for closing documents including initial escrow collection and insurance if applicable.
• Monitors compliance regarding loan parameters depending on loan type.
• Prepares all closing checks with strong emphasis on accuracy.
• Should possess excellent verbal and written skills to accommodate members, title companies, attorneys, and realtors both in person as well as via telephone.
• Ability to work independently, manage time efficiently, and follow verbal and written instructions proficiently.
• Assists with inputting closed loans into our core system.
• Help with escrow when needed.
• Work well with co-workers and maintain a “team” attitude within the Credit Union.
• All employees will maintain confidentiality regarding member information with the highest regard.
• Properly maintain work area, strictly adhering to Credit Union policy regarding member’s privacy.
• Receives mortgage loan files post-closing and packages each file per investor guidelines for electronic delivery.
• Maintains logs and communication with investor suspense teams to clear post-closing/pre-funding conditions.
• Must ensure each secondary market loan electronically as well as facilitate the delivery of the file to the prospective investor prior to delivery deadline.
• Adheres to all Red River Employees Federal Credit Union policies and procedures.
• Performs other related duties as assigned.

Qualifications

• Experience in real estate entry including but not limited to account servicing and maintenance, data entry, filing, etc.
• High school diploma or the equivalent with some college desirable.
• Competent computer skills and use of standard office equipment.
• Ability to meet, speak, and deal effectively with people, being professional always.
• Must maintain a neat and professional appearance.
• While the following list is not exhaustive and may be supplemented, identified physical requirements include the ability to operate normal office equipment and some lifting, not to exceed 25 pounds.
• Ability to follow the core values of Team-Focused, Excellence, Authenticity, and Leading in Innovation.