Job Description:

The Senior Real Estate (RE) Funder/Closer prepares closing documents and reviews signed documents for all loan program types and will be responsible for balancing loans against estimates and final closing disclosures as well as ensuring docs in compliance with Underwriting, Investor and Regulatory requirements, including QM and TRID. Also ensures closing pipeline is managed in accordance with TRID mandated timelines and all other required compliance tracking dates. The Sr. Funder/Closer will be responsible for auditing final closing disclosures and resolving any tolerances cures.

- Follows underwriting instructions on obtaining and verifying documentation needed at closing to approve loans for funding

- Prepares closing packages according to product type, lock information and underwriting approval and enters all information required in closing documents preparation software including, but not limited to, flood cert information, insurance, tax and mortgage insurance

- Checks all applicable documents in file for accuracy and consistency

- Facilitates all closings for Employee loans including preparing loan docs, funding and post-closing

- Assists with creating or revising current Funding, Post Closing policy and procedures or in the development of new polices in accordance with investor guidelines changes

- Together with the manager, assists with optimizing day to day operations and workflows and assists co-workers to ensure service levels are met.

- Serves as key point of contact for operational questions when RE Fulfillment Manager is not available.

- Serves as key point of contact with programming to resolve funding/accounting outages. * May train/mentor new funder/closers.

- Manages mortgage document requirements for specific products, states, investors and underwriting criteria.

- Ensures accuracy in mortgage loan system and loan documents

- Reviews title binder and insurance for requirements of closing and acceptability

- Reviews credit file for quality, accuracy and completeness, including, but not limited to, origination documents and underwriting criteria

- Responsible for ensuring all prior-to-closing conditions are cleared by underwriting/Processing, including inspections, title and approval conditions

- Prepares closing instruction with fees according to information provided by loan officer on closing fee sheet

- Communicates with Loan Originator, settlement agent, Mortgage Loan Processor and Accounting regarding time and place for closing and delivers electronic closing package to settlement agent

- Updates system to reflect details of closing disclosure and determines approval tolerance risks; approval of closing disclosure to be in compliance with various product, investor and agency guidelines and inform closing agent of any needed corrections

- Completes pre-funding review and prepares funding sheets and orders funding checks or wires in timely manner

- Follows up with closing/escrow agent to verify consummation of loan, disbursement of funds and advise of any problems or concerns

- Reconciles loans that have not funded and retrieves funds from closing agent

- Reviews signed loan documents to maintain compliance with federal, state and local law and Company policies and procedures

- Follows up on all trailing legal docs, including final settlement statement within SLA's

- Audits all closing disclosures to final settlement statement and issues all refunds/tolerance cures within federal regulatory requirement

- Issues final/corrected closing disclosures to member

Education and/or Experience Must have:

- At least 5 previous RE Funder/Closing experience with recent TRID experience and/or training

- Working knowledge of RE Loan products, operations & regulations.

- Superior oral & written communication skills

- Ability to multi-task and work in a fast-paced, goal-driven environment

- Exceptional customer service skills & a desire to deliver service that delights

- Working knowledge of the Microsoft suite of office products

- Ability to learn new skills quickly and implement effectively

- Proven ability to gather and analyze data

- Bachelors' Degree preferred.

Must also demonstrate conduct consistent with our Corporate Values:

- Practice open Communication with all levels;

- Be Accountable by taking ownership of customer issues and responsibility for one's actions;

- Foster Teamwork by cooperating and collaborating with other employees;

- Seek ways to make the workplace Fun for oneself & others;

- Conduct oneself with Integrity by being honest, trustworthy and ethical in all work activities and interactions;

- Work with a Service Orientation by having a genuine concern for the needs of one's customers and by being friendly, professional and following through on commitments; and

- Demonstrate Humility in all interactions and remember to leave one's ego at the door when one arrives to work.

Logix Federal Credit Union is an equal opportunity employer that does not discriminate in employment opportunities or practices on the basis of race, religion, color, sex, sexual orientation, gender identity, national origin, protected veteran or disability status, or any other status protected by law..

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