First Mortgage Closer

Posted Yesterday
Be an Early Applicant
Hiring Remotely in PA
Remote
Entry level
Financial Services
The Role
Manage and finalize mortgage loan closings by coordinating with originators, underwriters, and third parties. Ensure compliance with federal/state regulations, secondary market guidelines, and credit union policy. Review appraisals, credit, title, insurance, income, assets, and commitment conditions. Maintain pipelines and meet SAFE Act requirements.
Summary Generated by Built In

Members Achieve More isn't just a tagline for us, it's part of everything we do!  We're looking for passionate individuals to join our team to help us maintain that focus every day.  Want to work somewhere that's remained strong for 90 years, that encourages you to learn, grow, and pursue your dreams? If yes, then read on...

The Mortgage Closer/Processor will work with Mortgage Originator and Underwriters and Processing and Closing Managers to ensure mortgage loans are closed in accordance with secondary market guidelines and/or Board Policy. They serve as a point of contact for borrowers, realtors, settlement agents and other 3rd parties.
Schedule: Monday - Friday 9:00am - 5:00pm; Location: Remote, applicants must reside in PA to be considered for this role.

In this position, you will

  •  Ensures mortgage loans are closed in a timely and efficient manner.
  • Analyze and interpret federal and state regulations, credit union policy, and secondary market guidelines for all real estate loans- conforming and non conforming.
  • Maintains mortgage pipelines and queues to ensure closings are being completed timely and accurately and informs supervisor of concerns.
  • Performs in-depth review and analysis of appraisals, credit reports, title reports, insurance documentation, income documentation, tax return analysis, asset documentation, commitment letter conditions with little to no supervision. 
  • Must comply with and meet all requirements regarding the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act, 12 CFR 365). 
  • Other duties as assigned.

Qualifications:

GED (Required), High School (Required)

0-2 years of secondary market, first mortgage processing and/or closing. | Required Any equivalent combination of experience and education. | Required

Skills Required

  • High school diploma or GED
  • 0-2 years of secondary market, first mortgage processing and/or closing experience
  • Compliance with the SAFE Act (12 CFR 365)
  • Must reside in Pennsylvania
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The Company
927 Employees
Year Founded: 1934

What We Do

PSECU, also known as the Pennsylvania State Employees Credit Union, is a not-for-profit, state-chartered, digital-first credit union headquartered in Harrisburg, Pennsylvania. Founded in 1934, it serves as a full-service financial institution offering products such as savings, checking, and loans. Its mission is to help members and their families achieve a better life through a member-centric, community-focused approach to banking.

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