Premier America Credit Union - Senior Real Estate Closer / Funder bei Premier America Credit Union

Job Title:  Senior Real Estate Closer / Funder

At Premier America Credit Union, our Core Purpose is to serve our members by making it easier to meet today’s needs and reach tomorrow’s dreams. Talented team members succeed in our organization by demonstrating a commitment to our shared values of accountability, friendliness and respect, a passion for delivering great service, giving back to our communities, and pursuing personal growth. Come grow with us and be part of growth and the Premier America family!

Overview: 

This position is responsible for providing clerical and data entry support to the Real Estate department. Prepares related documentation and performs settlement functions associated with all real estate loan closings. The primary duties of the Mortgage Loan Closer/Funder are to close and fund residential mortgage loans (FHA, FNMA, FHLMC, VA, USDA, and Conventional) in accordance with company and investor guidelines. This will include the efficient use of our technology systems to apply the proper funding procedures for all types of mortgages. Successful candidates will be able to rely on their experience and judgment to plan and accomplish the following essential duties and responsibilities.

What You Will Do: 

• Borrower notification of completed loan funding
• Assist with preparation of loan files to be sent to outside servicer and 3rd party QC vendor. 
• Complete loan boarding on core system 
• Cross-sell additional products and services as applicable. 
• Initiate funding and wire transfers as required. 
• Ensure that investor requirements for property taxes, insurance coverage and endorsements are properly adhered to.
• Prepare documentation for boarding, insuring proper distribution of loan proceeds in accordance with loan documentation or instructions.
• Identify and resolve conflicting information prior to loan settlement. 
• Maintain records of activity and prepare related reports as required.
• Ensure that all escrow accounts are current and that all associated billings are paid in a timely fashion when due.  
• Complete and review Initial and Final CDs for accuracy and compliance. 
• Coordinates and prepares loan closing packages, ensuring compliance with appropriate regulations, insurance, and guarantee functions/specifications, as applicable. 
• Meet established productivity levels and turnaround times as set by Operations Manager.
• Ensure all original closing documentation is received and reviewed in a timely manner to ensure the salability and insurability of the loan 
• Quality control review of all closing documentation to ensure they are accurate, properly signed and notarized as required. 
• Identify document deficiencies and promptly remediate with the appropriate internal/external parties. 
• Ensure the Receipt, tracking, and safekeeping of Original Note is received in the original closing package.
• Be well organized and pay close attention to details. 
• Prepare loan data entry documents and final closing conditions

 What We Are Looking For:

• A minimum of three (3) years of Mortgage loan funding or processing experience or equivalent. 
• Bachelor’s degree or equivalent work experience
• Strong organizational and time management skills 
• Strong oral and written communication skills.
• Thorough knowledge of Credit Union products, services, and policies.
• Mortgage Cadence or other Mortgage lending software knowledge required. 
• The ideal candidate will have a minimum of 3 years of experience closing/funding residential mortgage loans and possess excellent working knowledge of 2015 RESPA-TILA (TRID) regulations 
• PC skills: Word, Excel, Microsoft Office 
• Knowledge of Mortgage loan documents and Loan Origination systems.
• Basic Accounting

Premier America Credit Union will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring (Ban the Box) Ordinance.

Equal Opportunity Employer – Veterans / Disabled

Drug-free Workplace

Pay Grade Info:

To provide greater transparency to candidates, we share base pay ranges for all our job postings regardless of State.  We set standard pay ranges for all roles based on function and level of expertise, benchmarked against similar stage growth companies.  Final offer amounts are determined by multiple factors including, skills, depth of work experience and relevant licenses/credentials, and may vary from the amounts listed below.

The base pay range for this position is: $26 - $32 /hourly

Perks Important to You:

Our Team Members enjoy the following rewards and benefits:

• Competitive pay
• Subsidized health care including medical, dental and vision
• FSA and HSA
• Company-Paid Life and A&D insurance
• Discounts on loans (must be a member)
• Paid Vacation, Holiday, and Sick time
• 401k Retirement Saving Plan with a 6% safe harbor employer match
• Educational Assistance Program and more!

About Us:

Founded in 1957, Premier America is one of the nation’s largest credit unions, with over 100,000 members and more than $3 billion in assets. But more importantly, we are ever mindful of one crucial fact: we exist to serve the needs of all members - the owners of Premier America. With a large retail branch network, access to over 30,000+ surcharge-free ATMs; and the Shared Branch Network, Premier America provides financial services to those who live, work, worship or attend school in the Ventura and Los Angeles counties of California, and Harris County in Texas.

Credit unions, such as Premier America, have a rich history evolving from the idea that people working together can create better financial solutions, especially when as owners, members have a vested interest in their collective success. Whether offering higher savings rates and affordable mortgage options, loans for unexpected emergencies or financial counseling during difficult times, credit unions have always made a meaningful difference in the lives of members.