Job Description - Mortgage Closing Coordinator


Position Title:

Mortgage Closing Coordinator

Reports to: 

VP - Mortgage

Responsibilities: 

  • Responsible for all aspects relating to closing. 
  • Responsible for accuracy for closing documents including initial escrow collection and insurance if applicable. 
  • Monitors compliance regarding loan parameters depending on loan type.
  • Prepares all closing checks with strong emphasis on accuracy. 
  • Should possess excellent verbal and written skills to accommodate members, title companies, attorneys, and realtors both in person as well as via telephone.
  • Ability to work independently, manage time efficiently, and follow verbal and written instructions proficiently.  
  • Assists with inputting closed loans into our core system. 
  • Help with escrow when needed.  
  • Work well with co-workers and maintain a “team” attitude within the Credit Union.
  • All employees will maintain confidentiality regarding member information with the highest regard. 
  • Properly maintain work area, strictly adhering to Credit Union policy regarding member’s privacy.
  • Receives mortgage loan files post-closing and packages each file per investor guidelines for electronic delivery.  
  • Maintains logs and communication with investor suspense teams to clear post-closing/pre-funding conditions. 
  • Must ensure each secondary market loan electronically as well as facilitate the delivery of the file to the prospective investor prior to delivery deadline. 
  • Adheres to all Red River Employees Federal Credit Union policies and procedures.
  • Performs other related duties as assigned.

Qualifications:

  • Experience in real estate entry including but not limited to account servicing and maintenance, data entry, filing, etc.
  • High school diploma or the equivalent with some college desirable.
  • Competent computer skills and use of standard office equipment.
  • Ability to meet, speak, and deal effectively with people, being professional always.  
  • Must maintain a neat and professional appearance. 
  • While the following list is not exhaustive and may be supplemented, identified physical requirements include the ability to operate normal office equipment and some lifting, not to exceed 25 pounds. 
  • Ability to follow the core values of Team-Focused, Excellence, Authenticity, and Leading in Innovation. 

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