Mortgage Loan Closer I or II

Title: Mortgage Loan Closer I

Position Status – Full Time – non‑exempt (Hourly)

Reports To: Retail Loan Processing Mgr.

Pay for Mortgage Loan Closer I: $18.98 - $23.73 per hour

Pay for Mortgage Loan Closer II: $21.10 - $26.37 per hour

The listed pay information includes the minimum rate of pay to the mid-point rate of pay for the posted position. The actual compensation for this position may vary based upon, but not limited to, licenses or certifications, education or equivalent work experience, market data, qualifications, relevant experience, prior work and performance history, geographic location, and business sector.

Benefits include: medical coverage with generous company contributions; dental and vision with employee only coverage paid by the company; paid time‑off; 401(k) plan with defined company match; company paid long‑term and short‑term disability; and company paid holidays.

The primary purpose of this position is to assist Center Parc Credit Union (CPCU) in living out our Mission, “To help our members achieve financial success by providing exceptional products and service.”

The primary responsibilities of a Mortgage Loan Closer I involve ensuring that all mortgage transactions are completed accurately and in compliance with regulatory requirements.

• Coordinate with all parties involved in the closing process, including borrowers, lenders, title companies, and attorneys, to ensure a smooth transaction.
• Conduct a thorough pre‑closing review to verify that all documentation, fees, and terms are accurate and aligned with loan agreements.
• Calculate final closing costs, disburse funds, and ensure that mortgage funding occurs in a timely manner.
• Review and prepare closing documents, including HUD‑1 statements, mortgage notes, and truth‑in‑lending disclosures. Ensure that all documents are complete and accurate according to federal and state regulations.
• Ensure closing packages are in alignment with CPCU and investor guidelines as well as secondary market requirements, including pre‑funding QC, VOE within 10 days of closing and TRID tolerance violations.
• Build and maintain strong relationships with attorneys, title companies, originators, and all internal or external stakeholders associated with the closing of each loan.
• As required, follow internal processes and procedures to wire funds.
• Input all closed mortgage loans into Symitar in accordance with the final closing instructions.
• Adhere to the provisions of the Fair Credit Reporting Act (FCRA), Military Lending Act (MLA), Equal Credit Opportunity Act (ECOA), Truth in Lending Act (TILA), Fair Housing Act (FHA), the Uniform Commercial Code (UCC), Regulation Z, Home Mortgage Disclosure Act (HMDA), and any other state or federal regulation associated with the granting of credit that are applicable to this position.
• Effectively use written and oral communication skills in daily correspondence and completion of tasks and consistently present a positive image of the Credit Union.
• Exhibit strong organizational skills and attention to detail, and the capacity to simultaneously work on multiple loan packages.
• Maintain positive and productive working relationships with all internal and external stakeholders.
• Demonstrate effective written and oral communication skills in all work activities.
• Demonstrate effective time management and prioritize daily work to meet deadlines and goals.
• Attend ongoing training as needed, including on and off‑site workshops and webinars to maintain a high level of knowledge related to the position.
• Comply with all aspects of BSA/AML and OFAC regulations as they relate to this position.
• The ability to travel overnight or to other business locations is less than 5% of the work performed.
• Other duties as assigned.

• Serve Exceptionally
• Commit to Better
• Find the Fun
• Invest in Integrity
• Follow the Numbers
• Go Forth and Conquer
• Protect with Passion

No direct reports. May manage day‑to‑day tasks through indirect reporting relationships or through a matrixed management approach and the ability to collaboratively interact with internal and external partners.

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