Sr Mortgage Closer

We recognize that in order to meet the needs of our communities, we must represent our communities. Our success relies on creating a culture where we have diverse perspectives and a true sense of belonging. This is a journey, and we pledge to do more than simply check the box.

When you join the Meritrust team, your benefits will include:

• Comprehensive medical insurance plan that has HRA, HSA, and FSA options
• Dental and vision insurance
• Generous paid-time-off
• 11 paid holidays
• Annual bonus (based off of annual results/scorecard each year)
• 401(k) plan
• Wellness program
• Tuition assistance
• Employee loan discount
• Employee Assistance Program (EAP)
• Life and disability coverage
  
  

What sets working for Meritrust apart?

• Career development and pathing opportunities to move into leadership roles or other lines of business within MCU such as Commercial Lending, Finance, Marketing, Underwriting, Member Solutions, Training, Human Resources, and more.
• Supportive and engaging work environment.
• A wellness and sustainable work culture that puts family, Mother Nature, our community, and your health first.
• A work environment that encourages personal as much as professional growth, teamwork to make the dream work, and treating everyone equally.
• Studies have shown that individuals from marginalized and or historically underrepresented groups may be less likely to apply for jobs unless they meet every one of the qualifications listed. We are most interested in finding the best candidate for the job. We would encourage you to apply for a job at Meritrust Credit Union, even if you don’t meet every one of our qualifications listed.
  
  

This is a full-time in office position working 40 hours a week, Monday-Friday 8:00am - 5:00pm.

Position Summary

The Senior Mortgage Closer is responsible for ensuring the accurate and timely closing of mortgage loans. This role involves coordinating with various stakeholders, reviewing closing documents, and ensuring compliance with regulatory requirements. The Senior Mortgage Closer plays a critical role in the final stages of the mortgage process, ensuring a smooth and efficient closing experience for members.

Key Responsibilities

Closing Coordination:

• Communicate closing details and requirements to all stakeholders to ensure a seamless process.
• Expected to complete post-closing and MERs functions
  
  

Document Review

• Review closing documents for accuracy and completeness (to include title commitment, tax certifications, hazard insurance, purchase contracts, and loan documents), ensuring all conditions are met.
• Review Lock Confirmation and Underwriter Approval to ensure loan is closed in accordance to investor, underwriting, state, and federal guidelines,
• Verify that all required signatures and documentation are obtained before closing.
  
  

Compliance

• Ensure all closing activities comply with federal, state, and local regulations, as well as credit union policies.
• Stay updated on regulatory changes and adjust closing procedures accordingly.
• Register loans with MERS on applicable loans
  
  

Funding

• Coordinate the request and disbursement of loan funds, ensuring all conditions are satisfied before funding.
• Verify loan documents for accuracy and completeness prior to funding.
• Communicate with internal departments to resolve any issues that may delay funding.
  
  

Member Communication

• Ensure CD is signed timely by following up with Members
• Provide exceptional customer service to members, addressing any questions or concerns related to the closing process.
• Guide members through the closing process, explaining documents and procedures clearly.
  
  

Problem Resolution

• Identify and resolve any issues or discrepancies that arise during the closing process.
• Work collaboratively with internal and external parties to address and rectify problems promptly.
  
  

Process Improvement

• Identify opportunities for improving the closing process to enhance efficiency and member satisfaction.
• Implement best practices and new technologies to streamline closing operations.
• Assist with training and developing new closers.