Home Equity Closer
Overview:This position will be responsible for coordinating closings with members, reviewing loan files in order to prepare settlement documents, and post-closing all completed/signed settlement packages to ensure all required documents have been completed and signed accurately, to book loans to the Credit Unionsa€ (TM) core systems and to verify all pertinent information has been successfully transferred over. S3 has a commitment to excellence and the highest standards of member service. Our values and beliefs are critical to the success and growth of the business and they were all created with a unique cultural foundation. The Home Equity Closer is a mid-level position.Responsibilities:- Conduct a thorough QC review of the loan package received from the processor- Coordinate settlement date and time with the member- Prepare closing documents for delivery to settlement agent- Calculate and issue wire proceeds in conjunction with closing date and settlement agent requirements- Conduct a post-closing review the completed/signed loan package returned by the settlement agent to ensure accuracy and compliance with all CU requirements and state and federal regulatory requirements- Book and disburse loans in the Credit Unionsa€ (TM) core system- Interact with First Mortgage Fulfillment team and 3rd party Title companies in order to facilitate any simultaneous settlements- Work in collaboration and partnership with other team members- Additional job related projects as assigned by management Qualifications:- Associatea€ (TM) s Degree or equivalent work experience- 2-3 years of experience closing home equity or 1st trust mortgages preferred- Strong knowledge of State and Federal laws pertaining to the mortgage banking industry (ie: RESPA, TILA, ECOA etc)- Candidate must be highly organized and able to handle a fast paced environment- Ability to perform mathematical calculations with speed and accuracy- Proficiency in MS Office (Word, Excel, PowerPoint, Outlook)- Strong communication skills, both verbal and written, are necessary- Excellent customer service skills with strong attention to detail- Time Management skills and the ability to prioritize workload based on department SLAa€ (TM) s and member needs- Strong analytical skills required with a high degree of accuracy- Ability to work flexible hours as needed- Ability to multi-task in other areas of the unit- Aptitude to work independently as well as part of a team and ability to collaborate with others- Positive attitude and team-oriented- Ability to function in an ever changing environment.