Real Estate Closing Coordinator
Gulf Coast Educators Federal Credit Union · Pasadena, TX · 2 days ago
ManagementFull-time
Essential Functions And Responsibilities
- Celebrate the Real Estate Departments processing and closing pipelines by following-up with other Real Estate Processors, Underwriters, Loan Officers, Title Companies, and other credit union partners and CUSOs to ensure real estate closings are timely and compliant.
- Review closing documents and processor work to ensure adherence to established quality assurance guidelines.
- Partner with the Quality Assurance Specialist and Real Estate leadership to recommend and implement updates to loan policies and procedures as needed.
- Consult with real estate attorneys on legal documentation matters related to real estate transactions.
- Ensure that Closing Disclosures and Closing Documents are within RESPA/TRID compliance and guidelines.
- Review funding documents to guarantee formal loan closings.
- Book loans onto Credit Union system(s), and update loan statuses on Loan Origination System(s).
- Coordinate and back-up setup of new loan files and order all required services for preparation for underwriting.
- Order typical services such as title, insurance, verification of employment, appraisal, flood, fraud check, updated trade lines on credit report, survey, case numbers, certificate of eligibility on Veterans loans, payoff, review power of attorney, etc.
- Comply with Bank Secrecy Act and all governmental regulations and Credit Union policies and guidelines.
- Comply with the Federal Rules and Regulations as required by NCUA.
- Perform all other related duties as assigned.
Requirements
- Three years to five years of similar or related experience.
- A two-year college degree, or completion of a specialized certification or licensing, or completion of specialized training courses conducted by vendors, or completion of an apprenticeship program.
- This position requires a NMLS license.