Lafayette Federal Credit Union
Mortgage Loan Closer/Funder
Join Lafayette Federal Credit Union, a proud recipient of USA Today’s Top Workplaces of 2025 award!
We are on the lookout for exceptional talent to join our dynamic team. At Lafayette Federal Credit Union, we pride ourselves on our commitment to excellence and our reputation as an employer of choice.
Location Requirement:
Applicants must reside in the District of Columbia, Maryland, or Virginia.
Job Type:
Hybrid. Full-time.
About the Role:
Responsible for accurately preparing, reviewing, and funding all residential loan products, including Conventional, FHA, VA, HELOC, and Down Payment Assistance (DPA) programs in accordance with LFCU policies, investor guidelines, and regulatory requirements.
Key Responsibilities:
Review approved loan files in LOS (Calyx Path/Encompass) to verify completeness and accuracy.
Confirm underwriting and compliance conditions before document generation.
Prepare and validate Closing Disclosures (CDs), loan documents, and settlement statements.
Ensure loan data integrity across mortgage lending systems (Calyx, Encompass, FICS, Keystone).
Communicate with title companies, attorneys, and settlement agents to confirm closing details.
Balance CDs and verify closing fees and charges comply with investor and regulatory standards.
Confirm and validate wire instructions and manage delivery of closing packages securely.
Verify all closing conditions and supporting documentation before funding.
Accurately calculate funding amounts, authorize wire disbursements through Keystone, and confirm receipt of executed closing packages.
Review signed closing packages for completeness and compliance prior to post-closing submission.
Maintain compliance with TRID, RESPA, TILA, Reg Z, Reg B, and investor guidelines.
Support internal audit and quality control reviews by providing complete and accurate closing files.
Identify opportunities for process improvements to enhance operational efficiency and member experience.
Qualifications:
High school diploma required; Associate degree preferred.
Minimum 2+ years of mortgage closing/funding experience, including FHA, VA, HELOC, and DPA programs.
Proficiency with Calyx Path, Encompass, Keystone, and FICS preferred.
Strong understanding of TRID, RESPA, TILA, Reg Z, Reg B, and investor requirements.
Exceptional attention to detail, organization, and ability to manage multiple closings under tight deadlines.
Benefits:
99.9% employer-paid health insurance premium for single and family coverage (HMO Plan).
Fully funded deductible (HMO Plan).
401k employer matching contribution.
Income protection with life insurance, short and long-term disability.
Paid time off, holiday leave, birthday leave.
Educational assistance.
Commuter benefits program and more.
Pay:
$49,700 - $62,000 annually, depending on experience and qualifications.
Equal Opportunity Employer. EOE/AA/DISABILITY/VETERAN. E-Verify required.
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We are on the lookout for exceptional talent to join our dynamic team. At Lafayette Federal Credit Union, we pride ourselves on our commitment to excellence and our reputation as an employer of choice.
Location Requirement:
Applicants must reside in the District of Columbia, Maryland, or Virginia.
Job Type:
Hybrid. Full-time.
About the Role:
Responsible for accurately preparing, reviewing, and funding all residential loan products, including Conventional, FHA, VA, HELOC, and Down Payment Assistance (DPA) programs in accordance with LFCU policies, investor guidelines, and regulatory requirements.
Key Responsibilities:
Review approved loan files in LOS (Calyx Path/Encompass) to verify completeness and accuracy.
Confirm underwriting and compliance conditions before document generation.
Prepare and validate Closing Disclosures (CDs), loan documents, and settlement statements.
Ensure loan data integrity across mortgage lending systems (Calyx, Encompass, FICS, Keystone).
Communicate with title companies, attorneys, and settlement agents to confirm closing details.
Balance CDs and verify closing fees and charges comply with investor and regulatory standards.
Confirm and validate wire instructions and manage delivery of closing packages securely.
Verify all closing conditions and supporting documentation before funding.
Accurately calculate funding amounts, authorize wire disbursements through Keystone, and confirm receipt of executed closing packages.
Review signed closing packages for completeness and compliance prior to post-closing submission.
Maintain compliance with TRID, RESPA, TILA, Reg Z, Reg B, and investor guidelines.
Support internal audit and quality control reviews by providing complete and accurate closing files.
Identify opportunities for process improvements to enhance operational efficiency and member experience.
Qualifications:
High school diploma required; Associate degree preferred.
Minimum 2+ years of mortgage closing/funding experience, including FHA, VA, HELOC, and DPA programs.
Proficiency with Calyx Path, Encompass, Keystone, and FICS preferred.
Strong understanding of TRID, RESPA, TILA, Reg Z, Reg B, and investor requirements.
Exceptional attention to detail, organization, and ability to manage multiple closings under tight deadlines.
Benefits:
99.9% employer-paid health insurance premium for single and family coverage (HMO Plan).
Fully funded deductible (HMO Plan).
401k employer matching contribution.
Income protection with life insurance, short and long-term disability.
Paid time off, holiday leave, birthday leave.
Educational assistance.
Commuter benefits program and more.
Pay:
$49,700 - $62,000 annually, depending on experience and qualifications.
Equal Opportunity Employer. EOE/AA/DISABILITY/VETERAN. E-Verify required.
#J-18808-Ljbffr