Farmers Insurance Federal Credit Union · 3 weeks ago
FHA/ VA Mortgage Loan Closer
United States
Full-time
Remote
Senior Level
$28/hr - $33/hr
5+ years expFarmers Insurance Federal Credit Union is seeking a Mortgage Loan Closer responsible for preparing, reviewing, and verifying closing documentation to ensure timely and accurate mortgage loan closings. This role requires coordination with various stakeholders to confirm document completeness and compliance with regulations while ensuring efficient post-closing processes.
BankingFinanceFinancial ServicesOnline Portals
Responsibilities
Schedule loan closings, maintain close communication with Members, Loan Officer, and Loan Processor to ensure timely fulfillment
Review and compare documentation in the loan file with the Loan Origination System (LOS) data to ensure accuracy and compliance
Enter loan fees and applicable data to generate the Initial Closing Disclosure (CD as part of the pre-closing process
Perform all necessary data entry to prepare and deliver complete and accurate loan documents to the settlement agent
Review closing conditions and verify that all loan documents are signed properly; clear outstanding conditions prior to authorizing funding
Collaborate with settlement agents to reconcile Closing Disclosure figures, determine the borrower’s final cash-to-close, and calculate the funding wire amount
Authorize loan funding and request wire prior to cutoff time, upon receipt and validation of all required signed, dated, notarized documents and satisfied conditions
Resolve post-closing deficiencies promptly to ensure proper loan delivery and compliance
Provide support to team members by assisting with another closer’s pipeline when necessary
Manage daily pipeline and workload effectively through pipeline views to ensure timely closings and adherence to scheduled Close of Escrow (COE) dates
Ensure all loan closings are conducted in compliance with Federal and State regulations, investor guidelines, and maintain compliance with regulatory (wet, dry) requirements
Coordinate closeout of the loan transaction with the closing agent by generating Final Closing Disclosure and conduct the Post CD audit, to ensure all fees, credits, and refunds are issued within TRID timelines
Qualification
Required
Minimum of 5+ years of recent experience as a mortgage funder/closer
In-depth knowledge and experience of RESPA/TRID regulations
Strong analytical skills, high attention to detail, and proficiency with numerical data
Recent experience with Conventional, FHA, and VA closings
Demonstrated high ethical standards and integrity
Exceptional customer service and client relationship skills
Proficient in Encompass Loan Origination System (LOS) and general computer applications
Excellent verbal and written communication skills
Proven ability to prioritize tasks, meet deadlines, and manage time effectively
Strong problem-solving skills with a solid understanding of business processes and procedures
Track record of success in fast-paced, high-pressure environments
Collaborative mindset with the ability to maintain professional working relationships
Highly organized, with the ability to remain composed and effective under pressure
A flexible, adaptable team player who thrives in dynamic and evolving work environments
Commitment to maintaining the confidentiality and security of sensitive data
Must be able to work between the hours of 7am - 5pm PST
Preferred
Credit Union Experienced
Equity Closing Experience
Our Credit Union is California based, must have the knowledge of California Requirements
Company
Farmers Insurance Federal Credit Union
We offer everyone leading U.S. rates, big bank capabilities, and neighborhood service! Join the #FIGFCUFamily today.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Katherine Chicas
Chief Operating Officer
Brian Leonard
Chief Lending Officer
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