Orange County's Credit Union
Mortgage Loan Closer / Funder
Orange County's Credit Union, Santa Ana, California, United States, 92725
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Mortgage Loan Closer / Funder
role at
Orange County's Credit Union
1 day ago Be among the first 25 applicants
Get AI-powered advice on this job and more exclusive features.
Orange County's Credit Union provided pay range 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.
Base pay range $25.00/hr - $28.00/hr
Additional compensation types 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.
POSITION SUMMARY 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 timeframes. The Closer-Funder coordinates activities, and keeps all parties informed. Maintains appropriate electronic tracking.
ESSENTIAL DUTIES
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.
QUALIFICATIONS 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.
BENEFITS
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
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Mortgage Loan Closer / Funder
role at
Orange County's Credit Union
1 day ago Be among the first 25 applicants
Get AI-powered advice on this job and more exclusive features.
Orange County's Credit Union provided pay range 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.
Base pay range $25.00/hr - $28.00/hr
Additional compensation types 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.
POSITION SUMMARY 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 timeframes. The Closer-Funder coordinates activities, and keeps all parties informed. Maintains appropriate electronic tracking.
ESSENTIAL DUTIES
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.
QUALIFICATIONS 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.
BENEFITS
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
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