Real Estate Loan Closer Funder I

Description

On-Site in Yuba City, CA. Remote work not available. 

About Us: 

Sierra Central Credit Union (SCCU) was founded in 1981 as a result of the strategic merger between Beale Air Force Base Credit Union, established in 1955, and Shasta-Cascade Credit Union, which began operations in 1963. Since its inception, SCCU has experienced remarkable growth, expanding its services and membership base substantially. 

Today, the credit union operates a network of full-service branches strategically located throughout Northern California, providing convenient access to financial services for its diverse membership. 

With its commitment to community-oriented banking, SCCU continues to foster strong relationships with its members, offering a range of financial solutions tailored to meet the unique needs of the communities it serves.

Summary:

To process all real estate loan closing disclosures, documents and fundings, ensuring accuracy and completeness of all documents and closings.
 

Essential Functions:

1. Review for accuracy and completeness all closing documents for conventional, Jumbo, FHA, VA, Home Equity Lines of Credit and Home Equity loans.

2. Follow-up and coordinate closings.

3. Review Loan Estimates and Initial Disclosures.

4. Prepare, review and send closing documents to title/escrow company.

5. Prepare and send all Closing Disclosures.

6. Review and clear all closing conditions and related questions.

7. Review closing documents and enter loan information for funds/wire to close.

8. Initiate wire requests to title/escrow company.

9. Issue funds/wire to appropriate title/escrow company.

10. Maintain department productivity records.

11. Prepare and review department reports and work on special projects as assigned by management.

12. Complete onboarding spreadsheet and submit to servicer.

13. Additional duties as assigned.

Requirements

Required Skills and Abilities:

1. Must possess good communication skills both written and verbal. 

2. Must be able to work under stress and pressure of a fast-paced environment and be able to prioritize work and handle special projects as assigned by management.

3. Ability to operate basic office equipment.

4. Must at all times demonstrate cooperative behavior with colleagues and supervisors.

Education and Experience:

1. High school diploma or equivalent. 

2. A combination of three years’ real estate loan processing experience and with a minimum of one-year closing experience, preferably in a financial institution.

3. Experience with Encompass (LOS) is preferred.

4. Must have and maintain current knowledge of State and Federal regulations, guidelines, functions, and procedures as they pertain to real estate loans.

Physical Requirements and Work Environment:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential function of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

1. Prolonged periods of sitting at a desk and working on a computer – 7 to 8 hours per day.
2. Light lifting, carrying, pushing and/or pulling objects up to 25 lbs.
3. Intermittent walking and bending.
4. General office environment: works generally at a desk in a well-lighted, air-conditioned cubicle/office, with moderate noise levels. 

 The preceding list of duties does not include all tasks and responsibilities that may be required with this position. Additional tasks may be assigned, as departmental and operational needs require. 

Salary Description: 

$26.20 - $33.80 an hour depending on previous mortgage processing and closing experience 

Benefits:

• Medical, dental, vision, life insurance and LTD
• 401 (k) with a 3% Yearly Safe Harbor Contribution
• Eleven Paid Holidays
• Up to 12 vacation days and 12 sick days