Mortgage Closer (WCC)

About the role

To close first mortgage loans in accordance with applicable federal/state laws as well as Navy Federal policies and procedures. Prepare mortgage packages for delivery to settlement companies for purposes of closing on conventional, Veteran's Administration (VA), Federal Housing Administration (FHA) mortgage products, and equity loans. To coordinate the closing and funding of assigned loan packages.

Responsibilities

• Authorize release of closing packages to closing agent, if applicable - Under minimal supervision
• Determine amount to be withheld from loan proceeds, request and process internal payoffs and prepare request for loan disbursement
• Determine status of title and review mortgagees, mortgagors, manner of title and existing/proposed lien for accuracy
• Ensure credit, underwriting and property conditions have been satisfied prior to closing
• Evaluate title exceptions and determine if applicable; clear any mortgage related deficiencies within specified time period
• Examine property status reports and property insurance policies for accuracy in documents and proper coverage
• Maintain contact with lawyers, settlement agents and real estate brokers regarding the status of closing package
• Monitor mortgage loan process and ensure compliance with Federal laws, as well as, Navy Federal, NCUA and secondary market practices, guidelines and regulations
• Prepare fully executed mortgage file for post-closing
• Provide closing agent with information for title binder and specifics about documents and condition required for closing
• Review preliminary and final closing package including HUD-1 or closing disclosure for RESPA compliance
• Review property surveys for unacceptable or uninsurable encroachments or violations
• Schedule settlement with closing agent, member, seller and realtor
• Verify completeness and accuracy of approved credit packages
• Closing equity loans, closer confirms how title will be held, review, and confirm escrow information
• Closing equity loans, closer will provide closing disclosure, obtain acknowledgement from the member as needed, and maintain member contact once assigned the loan
• Closing equity loans, closer will maintain contact with the members and notaries regarding the status of scheduled closings, notary information, and closing packages
• Closing equity loans, prepare payoff checks for payment and starter checks
• Perform other duties as assigned

Qualifications

• Minimum of 2 years of financial and/or banking experience preferred
• Experience with processing preferred

Skills

• Customer service
• Data entry
• Inbound and outbound calls
• Call center
• Loans
• Banker
• Financial services
• Paralegal skills
• Accounts payable
• Accounting
• Administrative support
• Mortgage closing
• Executive administrative

Pay

$19.88 - $19.88/hr

Benefits

• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)

Schedule

This is a Contract to Hire position based out of Capon Bridge, WV. This is a hybrid position in Capon Bridge, WV.