Tennessee Valley Federal Credit Union (TVFCU) · 1 day ago
Mortgage Loan Closer
Corporate Headquarters - Chattanooga, TN 37402
Full-time
Onsite
Entry, Mid Level
2+ years expTennessee Valley Federal Credit Union (TVFCU) is seeking a Mortgage Loan Closer who is responsible for reviewing loan data and ensuring compliance with regulatory agencies. The role involves communication with various stakeholders to ensure accurate and complete closing documentation.
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Responsibilities
Contribute to the development and refinement of the Credit Union’s lending vision and strategy, working in a team environment focused on member service and closing quality loans within expected turn times
Have a working knowledge of different mortgage loan types, including but not limited to Conforming (Fannie Mae/Freddie Mac), FHA, VA, USDA, portfolio, Closed-end second mortgages and HELOC’s
Possess a knowledge of all local, state and federal regulations related to real estate lending
Effectively communicate with settlement agents, loan staff, buyers, sellers, third-party vendors, and real estate agents as needed
Review title commitments, final title policies, and settlement statements for accuracy and compliance
Prepare and balance the closing disclosure with the settlement agent and deliver to member within the regulatory mandated timeframes
Verify payoffs, insurance, and complete the closing document section within the loan origination software (LOS)
Deliver the closing package to the settlement agent, along with funding, to ensure the timely closure of the loan
Manage and execute eClose, eNote, and hybrid closings, ensure proper delivery, execution, and post-closing handoff
Ensure all closing conditions are satisfied prior to funding
Assist with audit requests, quality control reviews, and investor post-closing inquiries as needed
Maintain knowledge of Credit Union regulations by completing required online courses annually
Proactively demonstrate the TVFCU core values of integrity, honesty, flexibility, teamwork, leadership, accountability and strong relationships in every interaction with members
Perform other duties as assigned
Qualification
Required
Bachelor's degree or equivalent preferred, along with a minimum of 2 years of lending experience, with a strong emphasis on mortgage closing or processing
Proficiency in mortgage LOS systems and document preparation software
Ability to manage multiple files simultaneously in a fast-paced, high-volume environment while maintaining accuracy, attention to detail and organization
Thorough knowledge of lending programs, policies, procedures, and regulatory requirements
Demonstrate commitment to professional ethics, including but not limited to adherence to all State and Federal regulations
Must be comfortable with substantial personal contact with others inside and/or outside of TVFCU for purposes of information sharing, relationship building, soliciting of cooperation, etc
Must be able to be bonded and meet Safe Act Requirements, including but not limited to registered or licensed via the Nationwide Multistate Licensing System (NMLS)
Company
Tennessee Valley Federal Credit Union (TVFCU)
Tennessee Valley Federal Credit Union exists to enhance members' lifestyles by offering a wide variety of financial products and services in 13 counties within the Tennessee Valley.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Glen Chrzas
Chief Technology Officer
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