In accordance with sound underwriting practices as set out in policy and procedure, examines, evaluates, and recommends closing of borrower's real estate loans. Communicate effectively with closing attorneys. Responsible for review of settlement statement and disbursed funds. Audit post-closing package received from attorneys.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:
·Provides in person or by telephone, information concerning the mortgage closing process and procedures, as well as other credit union products and services.
·Schedules closing with loan applicants and prepares loan closing packages for attorneys.
·Posts to and balances real estate related general ledgers.
·Post payments and disbursements from escrow funds as required.
·Prepares and mails Regulation B notifications on disapprovals.
·Prepares subordinations, modifications, mortgage satisfactions and lost satisfactions.
·Prepare and complete bank wires for all closing transactions within designated timeframes
·Prepares Payoff Statements when requested
·Fund and book mortgage loans to the Credit Union’s core system. Review and monitor for accuracy
·Works closely with team mates to always ensure efficient processing times and exceptional member service
·Assists Mortgage Closer with Construction loan process to include draws, builder review, inspections, and modifications
·Audit post-closing files
·Other duties as assigned.
In 1955, 15 civilian employees at Shaw Air Force base in Sumter, South Carolina pooled their money to charter SAFE Federal Credit Union. Since then, SAFE has grown to over 130,000 members and just over $1.6 billion in assets. SAFE is the largest Midlands based credit union with 18 branches in eight counties in South Carolina.
SAFE exists only to serve our members, and when you join, you also become an owner. Our not-for-profit structure allows our members to enjoy generally higher dividends on savings, lower loan interest rates, and fewer fees. And you can be sure your money is safe with us, as all deposits are insured up to $250,000 by the National Credit Union Administration (NCUA).
