Job DescriptionJob DescriptionJob Summary: The Mortgage Closer is responsible for closing and funding residential mortgage and home equity loans and lines of credit. Verifies all closing conditions have been cleared by the Underwriter and prepares closing package. Satisfies outstanding conditions and completes a file review to ensure compliance prior to closing and funding. We encourage you to view and apply directly at edfed.org/careers Duties & Responsibilities: Reviews all closing conditions provided by the underwriter are cleared by obtaining necessary documentation and in compliance to secondary market and credit union policies.Prepare and send out 3-day Closing Disclosure within timeframes for RESPA/TILA compliance. Explain and answer questions regarding the CD document to the member. Re-disclose when required.Complete verbal verification of employment and any other verifications as required. Ensure all documents in file have not expired at time of closing.Clears tasks in the LOS system or resubmit to Underwriting for approval as instructed.Reviews Closer pipeline reports daily to manage flow of anticipated closings. Communicates with processors and underwriters regarding file status. Works on loans based on date of receipt and priority given.Enter loans on appropriate spreadsheets with updated closing information for management and department tracking.Communicate with member, title/closing agents, realtors, insurance agents, to coordinate and schedule closing and obtain any pending items and clear title required.Complete checklists to ensure all documents and tasks have been completed throughout the process. Update LOS with expected closing date.Meet with members and conduct closings on home equity loans and HELOCs in the Home Loan Department.Review all closing documents to ensure signature and accuracy of documents upon receipt.Funds the loans by performing applicable wire transfer transactions for first mortgage loans. Funds loans in Symitar system for home equity type loans and HELOCs. Mails out funding checks to third parties.Must comply with all company policies and procedures, applicable laws and regulations including but not limited to RESPA/TRID, Regulation B, Regulation Z, Fair Lending, NMLS Safe Act.Cross-sell credit life/disability insurance products on Home Equity loans and lines of credit.Maintain personal information up-to-date in the NMLS registry within 30 days of a changeProcess Loan Closings, Advances, Payments, and Maintenance Items – including Rollovers, Conversion, Margin Changes and Other Operational Transactions – , Loan Closings, Renewals and Loan Modification on an on-going basisCompare documents and discuss discrepancies with underwriter and loan officer for resolutionCoordinate with settlement agent for timely funding and disbursement.Ensure completion of provided docs for necessary title reports, credit reports, appraisals, and inspections.Maintain data integrity as loan progresses through closing.Prepare funding figures and request wire for funding after balancing with settlement agent.Review signed closing docs for accuracy and compliance.Perform other duties as assigned by management.Requirements: 2 - 4 years of Mortgage experienceAssociate's Degree or equivalent combination preferredEvery employee is required to comply with all Bank Secrecy Act (BSA) policies and procedures, and to attend required BSA-related training as assigned. The following are some benefits offered to employees: Paid HolidayPaid BirthdayPaid Sick and Personal DaysPaid VacationRetirement/401K with matching contributionsMedical, Dental and Vision InsuranceLife Insurance and Long Term DisabilityTuition reimbursement for Undergraduate and Graduate coursesVarious Incentive ProgramsCareer opportunities Company DescriptionAs a financial institution, EdFed has been dedicated to providing our members, the South Florida educational community, with quality financial services since 1935. As an employer, we strive to provide staff with challenging career opportunities, great benefits, and a friendly work environment. Confidentiality is of the utmost importance in this position.Company DescriptionAs a financial institution, EdFed has been dedicated to providing our members, the South Florida educational community, with quality financial services since 1935. As an employer, we strive to provide staff with challenging career opportunities, great benefits, and a friendly work environment. Confidentiality is of the utmost importance in this position.