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**A Day in the Life of a Mortgage Loan Coordinator**
Your day begins by ensuring the successful funding of scheduled mortgage
loans. You\'ll review closing packages, confirm all funding conditions
have been satisfied, coordinate wire disbursements, and verify that
loans are properly booked following the closing.
From there, you\'ll review your pipeline and prioritize the day\'s
activities. You may be gathering outstanding documentation from members,
clearing underwriting conditions, coordinating appraisals and title
work, preparing closing packages, reviewing Closing Disclosures, or
scheduling upcoming closings with attorneys, title companies, and other
settlement partners.
Throughout the day, you\'ll serve as the hub of communication for
everyone involved in the mortgage process. You\'ll provide updates to
members and Mortgage Loan Officers, troubleshoot issues that could
impact closing timelines, ensure compliance requirements are met, and
keep loans moving efficiently from application to funding.
Success in this role requires strong organization, attention to detail,
and the ability to manage multiple loans at different stages of the
process. No two days are exactly the same, but every day presents an
opportunity to help members achieve their homeownership goals while
delivering the exceptional service HFCU is known for
**Who Were Looking For**
- An organized, detail-oriented professional who can manage multiple
priorities in a fast-paced environment
- Someone with mortgage or loan documentation experience and strong
communication skills
- A dependable team player who values accuracy, compliance, and
delivering excellent member service
Why Join Us
- Heritage Family Credit Union is a dynamic and member-centric
organization committed to making a positive impact on the lives of
our members. We believe in delivering not just financial services
but fostering meaningful relationships that enhance the overall
well-being of our members and communities. With a focus on
education, integrity, and community, we strive to be the preferred
financial partner for our community.
- - Benefits Include:
- - Paid time off in addition to paid federal holidays
- Medical, dental, and vision benefits to employees who
regularly work 24+ hours a week
- 401k match
- Ongoing training opportunities
- 8 hours of volunteer time with an organization important to
you
- Reimbursement each month for Gym membership (up to \$25),
hobby reimbursement (up to \$25) and fresh local foods (up
to \$25 seasonally)
**Salary Range: \$20.54 - \$25.68 per hour**
Summary
The Mortgage Loan Coordinator supports the processing, closing, and
funding of residential mortgage and home equity loans in accordance with
HFCU and investor guidelines. This role issues required disclosures,
orders and reviews reports, prepares and reviews closing documents,
performs pre-closing quality control, and ensures loans are closed and
funded accurately and on time while providing a positive experience for
all parties.
Essential Functions
- Communicate clearly, timely, and accurately with borrowers and all
Essential Parties To Ensure a Positive Experience, Including
explaining mortgage documents, requirements, timelines,
expectations, and the closing process.
- Prepare, issue, and track required disclosures and documentation for
mortgage and home equity loans from application through closing,
ensuring compliance with all required timeframes.
- Request, obtain, and review borrower documentation, verifications,
and third-party reports to ensure loan conditions and requirem nts
are satisfied prior to closing.
- Review loan files prior to closing to confirm all processing
conditions are met, documented, and ready for execution.
- Prepare, review, and coordinate accurate closing documents and
ensure loans are closed and funded timely, including completing
funding transactions, wires, and required system updates.
- Ensure all processing, closing, and funding activities are completed
accurately and in compliance with federal, state, investor, and
mortgage lending requirements.
- Maintain predictable and reliable attendance.
- Perform other related duties as assigned.
Qualifications
- Education:
- Minimum High School Diploma or GED required.
- Experience:
- Previous mortgage experience or experience dealing with loan records
preferred.
- Skills:
- Strong organization, communication, ability to multi-task, attention
to detail, comfortable in a fast-paced work environment.
Perform primarily sedentary work with limited physical exertion and
occasional lifting of up to 10 lbs. Must be able to operate routine
office equipment including telephone, copier, facsimile, and calculator.
Must be able
