DFCU Financial · 2 days ago
Mortgage Loan Closer
Metro Detroit, MI
Full-time
Hybrid
Entry, Mid Level
2+ years expDFCU Financial is one of the largest and best managed credit unions in the country, seeking a Mortgage Loan Closer to join their team. This role involves coordinating all aspects of the first mortgage closing process, preparing closing document packages, and ensuring compliance with mortgage regulations.
BankingCrowdfundingFinancial ServicesVenture Capital
Hiring Manager
Melissa Edwards
Responsibilities
Review loan files for completeness and accuracy of loan data and closing information and update system accordingly
Prepare and issue preliminary Closing Disclosure at prescribed process point
Confirm closing date, time, and location, with all parties
Prepare closing document packages and deliver to settlement agent via preferred method and/or location
Review and confirm final figures with borrowers
Follow-up and obtain documentation needed for closing (i.e., tax bills, insurance documentation, confirmation of HOA fees, updated payoff statements, POAs, etc.)
Coordinate funding of mortgage transactions with title companies/settlement agents (i.e., wire transfers, cashier’s checks)
Clear closing conditions and tasks in loan origination system, when applicable
Maintain working knowledge of local, state, federal, and investor guidelines to ensure compliance
Update loan status in the system and ensure timely progression through the pipeline, to close loans within defined service level agreements
Collaborate with loan officers and loan processors to ensure a smooth loan process and positive member experience
Achieve performance goals and key performance indicators (KPIs) as defined by the management team
Qualification
Required
High school diploma or equivalent work history required; associate's degree preferred
Minimum 2 years of experience in mortgage loan closing or related field
Strong understanding of mortgage products, including conventional, FHA, VA, and state-supported loans
Familiarity with loan origination systems (LOS) and document management platforms
Proficient in Microsoft 365
Demonstrated analytical and problem-solving skills
Able to initiate and embrace change
Excellent interpersonal skills, including written and verbal communication, and ability to work in a team environment
Preferred
Associate's degree
Experience with Michigan and Florida housing programs or government-backed loan products
Knowledge of compliance and regulatory requirements (TRID, RESPA, HMDA)
Benefits
Potential for a hybrid work schedule
401k plan match, dollar for dollar up to 4%
401k additional employer contribution after one year at 5%
Employee bonus program
Medical, dental and vision insurance effective date of hire
Health savings account (HSA)
Flexible spending accounts for medical and dependent care expenses
Adoption assistance for qualified expenses maximum $10,000 per child
Wellness initiatives and reimbursements
Pre-paid legal services plan
Identity protection plan
Accident supplemental plan
Short & long term disability plans paid for by company
Company provided basic life insurance of $50,000 plus supplemental for employee, spouse and child
Pet Insurance
Free financial planning assistance
Numerous fun employee events throughout the year
Volunteer and community engagement opportunities
Employee loan discounts (closed-end loans)
Service / anniversary awards
Employee discounts for company logo wear
Employee referral payouts for recruiting your friends and family
Paid lunch time
Tuition reimbursement / Education assistance
Ongoing training opportunities
Leadership development program
Paid time off
Paid holidays (13 per year)
Flexible scheduling for students
Company
DFCU Financial
DFCU Financial is a banking firm that offers online checking, banking, mortgages, loans, and investment services.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Ryan Goldberg
President & Chief Executive Officer
Recent News
GlobeNewswire
2026-01-06
2025-01-06
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