Mortgage Loan Closer​/Funder

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This range is provided by Orange County's Credit Union. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$25.00/hr - $28.00/hr

Annual Bonus

This hybrid in-office/remote role provides production incentive bonuses!

CREDIT UNION’S PURPOSE
:
Simple Banking. For People, Not Profit.

CREDIT UNION’S CORE VALUES
:
Integrity, Service Excellence, Growth & Development, High Performance, Mutual Respect, Community, and Fun

Workplace Excellence. Through our associates' opinions and voices, Orange County's Credit Union is a proud recipient of the Peter Barron Stark Best of the Best Award for highest associate satisfaction in the workplace! As a leading financial service provider with over 80 years of experience serving 123,000+ members, Orange County's Credit Union is currently $2+ billion in assets & growing.

Under general supervision, the Closer-Funder is responsible for timely, accurate and efficient home loan closing process. The Closer-Funder draws documents meeting Credit Union, investor and regulatory compliance requirements for all home loan types. The Closer-Funder coordinates with settlement agents, members, notaries, and all applicable parties for a successful closing. The Closer-Funder reviews executed loan documents for signatures, notarization, completeness, consistency and data integrity.

The Closer-Funder obtains and clears prior to funding conditions, prepares and requests wires, funds and confirms loan has been launched to servicing system accurately. The Closer-Funder maintains loan files. The Closer-Funder maintains funding pipeline by tracking expiration dates, compliance and funding time frames. The Closer-Funder coordinates activities, and keeps all parties informed. Maintains appropriate electronic tracking.

• Review all information within the Loan Origination System required for accuracy to create loan documents.
• Prepare and deliver complete and accurate closing documents meeting all applicable guidelines in a secure manner to the appropriate escrow vendors.
• Check all executed loan documents for correctness and accuracy ensuring all conditions are met and imaged accordingly prior to funding.
• Responsible for communicating with mortgage loan processors, existing and prospective members and escrow vendors as needed to collect outstanding conditions, making sure they meet all applicable guidelines.
• Coordinating and confirming with escrow that the loan is ready to fund.
• Funding loan, wire necessary funds, updating loan origination system and notifying escrow with funding figures within the required time frame.

Experience/ Training/

Education:

• High school education or equivalent.
• Three to Five years funding First and Second Lien Position Mortgage Loans, in a fast-paced environment, which would provide a thorough knowledge of modern office practices and procedures.
• Knowledge of state and federal regulations as they relate to residential mortgage/home loan applications, credit union rules, regulations, and policies.
• Effective communication skills both verbally and in writing and excellent telephone manner.
• Must have personal computer skills and be proficient with Microsoft programs at an intermediate skill level.

• Anthem Vivity HMO & Delta Care USA Dental – covers 100% of the associate's monthly premium
• Life insurance at no cost to employee.
• 401(k) – OCCU automatically contributes 3% of the employee’s earnings plus matches up to 5% of the employee’s contribution (dollar for dollar)
• Vacation hours – 13 days per year and rolls over year to year, and increases with tenure
• Sick hours – 7 days per year and rolls over year to year
• Paid Holidays – 12 days per year plus 3 partial days
• Annual performance merit increases
• Professional and personal development programs, including educational grants up to $2k per year, and step progression opportunities
• Annual discretionary bonus
• Professional, friendly work environment focused on achieving goals, recognizing successes, and excelling at member service.

The targeted hourly rate range is $25.00 to $28.00 plus team production bonuses. Final offer will be determined based on experience, education, training/certifications and specialized skills.

We perform thorough background checks, credit checks and pre-employment drug screening. EOE