Residential Mortgage Closer
Residential Mortgage Closer City Alexandria State/Territory Virginia Added to system 12/21/16 11:55 AM Apply Now Residential Mortgage Closer Summary PenFed is hiring a Residential Mortgage Closer in Alexandria, VA . The incumbent performs final preparation and audit of all documents needed for closing. Overtime may be required during periods of heavy workload to meet closing deadlines. Essential Functions Reviews title and survey for exceptions. Reviews and audits loan documentation to ensure all underwriting conditions have been met. Calculates closing figures. Reviews and approves final HUD1 Settlement Statement. Prints closing documents and/or transmits closings documents through ELYNX to the settlement office. Audits closing documents and obtains any missing documents prior to the time of closing. Coordinates funding of the loan with the Accounting and Wire Departments and works to resolve any GL booking issues. Answers all inquiries regarding closing issues and scheduling. Maintains a working knowledge of VA and purchase loan closing documentation, required loan conditions, and post closing follow up. Maintains a working knowledge of all federal, state, investor and internal policies and procedures with regard to closings. Provides support and guidance as needed to the 1st Mortgage Post Closing Clerks Assists with maintaining PenFed's compliance with all applicable federal, state and local laws, regulations and ordinances by abiding by PenFed compliance program and all policies, procedures, rules and regulations. This is not intended to be an all- inclusive list of job duties. Education and Experience Equivalent combination of education and experience is considered. High School diploma or combination of education and experience that provides the necessary skills and knowledge to satisfactorily perform the essential job functions. Two years related experience in mortgage lending. Good math skills and be detailed oriented. Note: If an employee is in a bilingual position, their responsibilities will cover both English and Spanish speaking assignments related to the job duties listed in this job description. They must also speak fluent Spanish and may be required to pass a Spanish language proficiency test. Supervisory Responsibility This position will not supervise employees. Licenses and Certifications There are no additional certifications required. Work Environment While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise. Travel Limited travel to various worksites is required. Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is required to meet the following physical demands: Physical Demand None Seldom Occasionally Frequently Reading X Writing X Sitting X Standing X Walking X Bending, Stretching or Reaching X Driving X Talking on the phone, person-to-person & in group X Hearing on the phone, person-to-person & in group X Vision for near, mid-range, far, peripheral, depth and color X Use of computer X Use of telephone X Use of office equipment X Pushing/pulling/lifting/ carrying from 5 to 50 lbs. X About Us Founded in 1935, and still growing, we began as the War Department Federal Credit Union. Today, PenFed is one of the country's strongest and most stable financial institutions with over 1.5 million members and over $21 billion in assets. We serve members in all 50 states and the District of Columbia, as well as on military bases in Guam, Puerto Rico and Okinawa. Our mission isn't simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate, and to encourage. We exist to usher their dreams into the land of reality. We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more. Equal Employment Opportunity PenFed will maintain and observe personnel policies which will prohibit discrimination or harassment against a person because of race, color, creed, age, sex, gender, religion, national origin, ancestry, genetic information, military or veteran status or obligation, the presence of a physical and/or mental disability and all other statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 703-838-1568.