Mortgage Loan Closer

Liberty Federal Credit Union; Evansville (IN); On-site; USD 45,000 - 65,000; Full time

Benefits offered by this job

Paid Holidays

Paid Time Off

Medical Insurance

Dental Insurance

Vision Insurance

401(k) matching

Life Insurance

Disability Insurance

Tuition Reimbursement Program

Job summary

Liberty FCU is seeking a Mortgage Loan Closer to join the Mortgage Team in Evansville, IN. The role requires excellent member service, attention to detail, and compliance, with Saturdays on a rotating basis.

Duties cover all aspects of closing mortgage loans and ensuring accurate documentation. Responsibilities include coordinating with title companies, reviewing documents, notary services, and cross-selling credit union products while maintaining熟 knowledge of mortgage products and federal

Qualifications

• Excellent member service skills with attention to detail, accuracy and compliance.
• Ability to work Saturdays on a rotating basis.
• Familiarity with mortgage documents and closing processes.

Responsibilities

• Close mortgage loans and establish dates with members.
• Coordinate closing times with title companies and originators for purchase loans.
• Review documents with members and obtain signatures as required.
• Close loans in office for specified programs.
• Clear closing conditions and order payoffs for liens.
• Prepare affidavits and property releases as needed.
• Complete verbal verifications of employment and prepare disclosures.
• Review closing figures and loan documents for accuracy.
• Cross sell credit union products and services.
• Maintain knowledge of mortgage products and applicable federal regulations.
• Perform notary services.
• Develop proficiency with the credit union's data processing and loan origination systems.

Skills

Member service

Detail oriented

Accuracy

Compliance

Notary services

Customer focus

Tools

Word

Excel

Loan origination system

Closing documentation systems

Job description

Liberty FCU, a full-service credit union, is currently seeking a Mortgage Loan Closerto join the Mortgage Team located at 4401 Theater Drive, Evansville, IN 47715. The candidate must possess excellent member service skills with attention to detail, accuracy, and compliance while performing in the position. Candidates must be available to work Saturdays on a rotating basis.

Duties and responsibilities include but are not limited to:

• Close mortgage loans:
• Establish date and time with member.
• Coordinate closing times with title companies and originators for purchase loans.
• Review all documents with members and obtain signatures where required.
• Close mortgage loans in office for specific mortgage loan programs.
• Clear closing conditions:
• Order payoffs for existing liens being paid off for the closing.
• Prepare name, property, hold harmless, judgment, and occupancy affidavits.
• Obtain releases on previous liens.
• Complete verbal verifications of employment.
• Prepare Closing Disclosure settlement figures.
• Obtain homeowners insurance verification.
• Review closing figures with members prior to closing.
• Review all loan documents prior to closing for accuracy.
• Cross sell credit union products and services.
• Maintain a working knowledge of all credit union mortgage products including purchase money 1st mortgages, 1st mortgage refinances, 2nd mortgages, HELOCs, bridge loans, government and construction loans.
• Understand and apply federal regulations associated with mortgage loans.
• Perform notary services.
• Develop a working knowledge of the credit union's data processing system, loan origination system, Word, and EXCEL software.
• Develop an understanding of credit union history, philosophy, organization, bylaws, and operational procedures.
• Any other duties assigned by supervisors or management.

Benefits and Compensation:

• Paid Holidays
• Paid Time Off (Vacation, Sick and Personal Days)
• Medical, Dental and Vision Insurance
• 401(k) retirement program with matching funds
• Employer paid Group Term Life Insurance, Short Term and Long Term Disability Insurance
• Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer, Minority/Female/Disability/Protected Veteran.