Job Description

SUMMARY Under the direction of the AVP Real Estate Experience, the Real Estate Loan Closer is responsible for performing a wide variety of member loan duties in the Real Estate Department.

 

ESSENTIAL FUNCTIONS 

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The following statements are intended to describe the general nature and level of work being performed by this position.  It is not intended to be an exhaustive list of all duties, responsibilities, and skills required of this position.  Other duties may be assigned to meet business needs.

_ _

• Receives and reviews applications submitted for final document preparation.
• Ensures all document and funding conditions have been satisfied prior to closing.
• Prepares and issues closing disclosures.
• Verifies that all timing and delivery methods and dates have been satisfied.
• Verifies that all HMDA data if applicable has been completed.
• Prepares final closing documents.
• Reviews signed closing documents to ensure they are complete and notary seal is legible.
• Funds and distributes loan proceeds at time of closing.
• Communicates with escrow and title officers to ensure timely closings.
• Prepares funding and wire worksheets.
• Requires reconciling additions and disbursements of escrow accounts.
• Reviews and reconciles general ledgers.
• Prepares monthly Real Estate Department closing reports.
• Knowledgeable of and abides by real estate regulations.
• Serves as backup to the Real Estate Servicer.
• Computes interest and payments.  
• Responds to members’ inquiries and requests; assists in completing forms and documents.
• Ensures loan documentation is complete and accurate, processes loans, documents loan file.
• Prepares and maintains a variety of real estate loan records, files and documents.
• Attends MLS meetings on occasion and affiliate meetings.
• Performs duties in compliance with Credit Union policy and appropriate regulatory statutes.
• Maintains current job knowledge of Credit Union policies, procedures, and services. Uses cross-selling techniques to promote other Credit Union services.
• Regularly attends and participates in in-house training.
• Performs duties as assigned by management and may be assigned to work at any location.

 

COMPETENCIES

• Communication
• Member Service Orientation
• Quality/Quantity
• Job Knowledge
• Judgment
• Self-Management

 

QUALIFICATIONS The qualifications listed below are representative of the knowledge, skill and/or ability required to perform the essential functions of this position.

 

_EDUCATION AND EXPERIENCE _

• College degree in Business or related field or equivalent education and experience.
• Three or more years increasingly responsible experience in real estate loan processing in real estate or financial institution.

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CERTIFICATES, LICENSES AND REGISTRATIONS

• Ability to obtain Notary Public commission.
• Obtain NMLS registration.

KNOWLEDGE

• Credit Union products, services, programs and promotions.
• Credit Union real estate policies, procedures and practices.
• Knowledge of various computer systems and software necessary to effectively perform job.

                                                                                             

OTHER SKILLS AND ABILITIES

• Ability to be bonded.
• Performs duties accurately and efficiently, even with frequent interruptions.
• Operates a variety of office equipment and machines.
• Travels, attends, and participates in meetings, seminars, and conferences held before and after normal business hours that may require unaccompanied long-distance travel and overnight lodging.
• Ability to work a variety of hours, including evenings and weekends.

 

PHYSICAL REQUIREMENTS 

 The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

 

 

While performing the essential functions of this job, the employee:

 

Occasionally

(up to 3 hours per workday)

 

Frequently

(3 - 6 hours per workday)

 

Regularly

(more than 6 hours per workday) 

 

Sits

 

 

 

 

 

                                X

 

Stands

 

                                X

 

 

 

 

 

Walks

 

                                X

 

 

 

 

 

Bends neck or waist

 

                                X

 

 

 

 

 

Twists neck or waist

 

                                X

 

 

 

 

 

Stoops or kneels

 

                                X

 

 

 

 

 

Uses hands to finger, handle or grasp

 

 

 

 

 

                                X

 

Repetitively uses fingers

 

 

 

 

 

                                X

 

Reaches, pulls or pushes below shoulder level

 

 

 

                                X

 

 

 

Reaches, pulls or pushes above shoulder level

 

                                X

 

 

 

 

Lifts and carries

 

  11 to 25 pounds

 

 

 

 Up to 10 pounds

 

Talks 

 

 

 

 

 

                                X

 

Hears

 

 

 

 

 

                                X

 

Sees

 

 

 

 

 

                                X

 

Drives a vehicle

 

                                X

 

                                 

 

 

 

WORK ENVIRONMENT

 The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.   Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

 

 

Working Condition

 

The worker is not substantially exposed to adverse environmental conditions.

 

Mobility

 

Moderate

 

Noise Level

 

Moderate

AFFIRMATIVE ACTION/EEO STATEMENT:

CoastHills Credit Union is an Equal Opportunity/Affirmative Action Employer.   All qualified applicants will receive consideration for employment, without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

ACKNOWLEDGEMENT

This Job Description describes the essential responsibilities and qualifications of the position described.  It is not an exhaustive statement of all the duties, responsibilities or qualifications of the job.

40 hours per week