Mortgage Lending Closer / Funder at O. C. Credit Union

Santa Ana, California, United States -

Full Time

Start Date

Immediate

Expiry Date

07 Mar, 26

Salary

28.0

Posted On

07 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Mortgage Lending, Loan Closing, Regulatory Compliance, Document Preparation, Communication Skills, Microsoft Office, Data Integrity, Customer Service, Problem Solving, Attention to Detail, Team Coordination, Time Management, Escrow Coordination, Funding Process, Loan Origination, Service Excellence

Industry

Banking

Description

Exciting Opportunity at Orange County's Credit Union Mortgage Lending Closer / Funder (Team production incentive bonuses for meeting goals) CREDIT UNION’S PURPOSE: Simple Banking. For People, Not Profit. CREDIT UNION’S CORE VALUES: Integrity, Service Excellence, Growth & Development, High Performance, Mutual Respect, Community, and Fun Workplace Excellence. Through our associates' opinions and voices, Orange County's Credit Union is a proud recipient of the Peter Barron Stark Best of the Best Award for highest associate satisfaction in the workplace! As a leading financial service provider with over 80 years of experience serving 123,000+ members, Orange County's Credit Union is currently $2+ billion in assets & growing. Generous benefits including: * Anthem Vivity HMO & Delta Care USA Dental - Orange County's Credit Union (OCCU) covers 100% of the associates' monthly premium * Life insurance at no cost to employee. * 401(k) – OCCU automatically contributes 3% of the employee’s earnings PLUS matches up to 5% of the employee’s contribution (dollar for dollar) * Vacation hours – 13 days per year and rolls over year to year, and increases with tenure * Sick hours – 7 days per year and rolls over year to year * Paid Holidays – 12 days per year plus 3 partial days * Annual performance merit increases * Professional and personal development programs, including educational grants up to $2k per year, and step progression opportunities * Annual discretionary bonus * Professional, friendly work environment focused on achieving goals, recognizing successes, and excelling at member service. POSITION SUMMARY: Under general supervision, the Closer-Funder is responsible for timely, accurate and efficient home loan closing process. The Closer-Funder draws documents meeting Credit Union, investor and regulatory compliance requirements for all home loan types. The Closer-Funder coordinates with settlement agents, members, notaries, and all applicable parties for a successful closing. The Closer-Funder reviews executed loan documents for signatures, notarization, completeness, consistency and data integrity. The Closer Funder obtains and clears prior to funding conditions, prepares and requests wires, funds and confirms loan has been launched to servicing system accurately. The Closer-Funder maintains loan files. The Closer-Funder maintains funding pipeline by tracking expiration dates, compliance and funding timeframes. The Closer-Funder coordinates activities, and keeps all parties informed. Maintains appropriate electronic tracking. ESSENTIAL DUTIES: * Review all information within the Loan Origination System required for accuracy to create loan documents. * Prepare and deliver complete and accurate closing documents meeting all applicable guidelines in a secure manner to the appropriate escrow vendors. * Check all executed loan documents for correctness and accuracy ensuring all conditions are met and imaged accordingly prior to funding. * Responsible for communicating with mortgage loan processors, existing and prospective members and escrow vendors as needed to collect outstanding conditions, making sure they meet all applicable guidelines. * Coordinating and confirming with escrow that the loan is ready to fund. * Funding loan, wire necessary funds, updating loan origination system and notifying escrow with funding figures within the required time frame. ASSOCIATE EXPECTATIONS: * Consistently practices the Service Philosophy of “Put People First” exercising the Connect, Discover, Deliver & Wow components in every encounter with internal and external members, creating extraordinary experiences. * Effectively conveys information. Communicates with immediate supervisor and the team keeping others advised of progress and/or situations. * Displays behavior that matches the value of Mutual Respect by relating favorably at all levels within the organization. OTHER DUTIES: * Performs other work-related duties as assigned. * May be a disaster recovery team member or take directives from a disaster team recovery member. QUALIFICATIONS: Experience/ Training/ Education: * High school education or equivalent. * Three to Five years funding First and Second Lien Position Mortgage Loans, in a fast-paced environment, which would provide a thorough knowledge of modern office practices and procedures. Knowledge/ Skills/ Abilities: * Knowledge of state and federal regulations as they relate to residential mortgage/home loan applications, credit union rules, regulations, and policies. * Effective communication skills both verbally and in writing and excellent telephone manner. * Must have personal computer skills and be proficient with Microsoft programs at an intermediate skill level. The targeted hourly rate range is $25.00 to $28.00. Final offer will be determined based on experience, education, training/certifications and specialized skills. We perform thorough background checks, credit checks and pre-employment drug screening. EOE

Responsibilities

The Closer-Funder is responsible for the timely and accurate closing of home loans, ensuring compliance with all regulatory requirements. This includes preparing documents, coordinating with various parties, and maintaining loan files.