Mortgage Closer / Funder- On-Site

Job Description

Job Description

Launching your career with Northrop Grumman Federal Credit Union (NGFCU) means being a valued team member at one of the strongest credit unions in the country. AT NGFCU, we understand that our employees are one of our most valuable assets. We offer a total compensation program that focuses on providing work-life balance and supports the overall needs of our team members.

Summary of Primary Functions

The Mortgage Loan Closer / Funder will be responsible for initiating the closing process on cleared to close mortgage files by balancing out final closing disclosures / estimated settlement statements both internally and externally with the title / escrow offices. The Mortgage Loan Closer / Funder will be responsible for preparing loan documents, sending them to closing offices, and coordinating closing process with parties including borrowers, escrow, title, and any other involved parties within the final loan closing process. The Mortgage Loan Closer / Funder will be responsible for preparing wire requests, funding duties, and onboarding new loans onto the loan servicing system. Perform other duties assigned by management.

Skills, Abilities and Qualifications

3 to 8 years of Escrow / Title / Loan Funding experience in a mortgage lending role. 3 years of experience working with FNMA / FreddieMac / FHLB guidelines and standard industry guidelines. Thorough knowledge of state and federal mortgage lending regulations. Strong knowledge of California (and national) mortgage loan documentation is required. Demonstrated capability of successfully managing a mortgage lending pipeline with a progressively increased level of productivity and efficiency with all mortgage loan products. Must be detail oriented, organized, and have proven analytical skills. Must work well independently and be self-motivated. Must demonstrate outstanding time management skills and strong communications skills. Strong knowledge of Encompass LOS System

Duties and Responsibilities

• Ensure that all NGFCU fees are accurately included on all files.
• Balance out NGFCU itemization screen with title / escrow’s final closing figures.
• Send final closing disclosures to member in accordance with customary real estate lending requirements.
• Accurately prepare all required mortgage loan documents.
• Send final closing documents to closing office.
• Coordinate loan docs signing with member and closing offices.
• Follow up on signed loan packages.
• Establish impound escrow accounts on files as needed.
• Accurately send out completed wire request forms.
• Accurately onboard new loans to loan servicing system.
• Meet all established and requested deadlines.
• Perform other duties as assigned.

NGFCU offers competitive compensation and a rich benefits package including medical, dental, vision, disability and life insurance, and a 401(k)-profit sharing plan with employer matching.

Compensation and Job Title is commensurate with experience and may fall under the following pay ranges :

Mortgage Closer / Funder- $22.44 / hr to $31.42 / hr

Sr. Mortgage Closer / Funder- $24.67 / hr to $34.53 / hr

Please note that the salary information is a general guideline only. Northrop Grumman Federal Credit Union considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education / training, key skills, internal peer equity, as well as market and business considerations when extending an offer. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.

We perform thorough background checks including verification of previous employment, education, credit checks and pre-employment drug screening. Any discrepancies in reported dates, titles, or degree information may result in an employment offer to be withdrawn.

NGFCU is an Equal Opportunity Employer

Pursuant to the Los Angeles Fair Chance Ordinance, we will consider for employment-qualified applicants with arrest and conviction records.

Monday through Friday 8 : 00 am to 5 : 00 pm PST

40 Hours