Educational Federal Credit Union

Mortgage Closer/Funder

MIAMI, FLPosted 30+ days ago

Job summary

  • Job post source

    This job is directly from Educational Federal Credit Union

  • Job overview

    The Mortgage Closer/Funder is responsible for closing and funding residential mortgage and home equity loans, ensuring compliance and accuracy throughout the process.

  • Responsibilities and impact

    Daily responsibilities include reviewing closing conditions, preparing closing disclosures, verifying employment, managing the closing pipeline, and conducting loan closings with members.

  • Experience and skills

    Candidates should have experience in mortgage closing processes, strong attention to detail, and knowledge of compliance regulations; preferred qualifications include familiarity with RESPA/TRID and loan processing systems.

  • Company information

    Educational Federal Credit Union provides financial services to its members, focusing on community engagement and member satisfaction.

  • Unique job features

    This position offers the opportunity to work closely with members and various stakeholders in the mortgage process, enhancing customer service skills.

Company overview

Educational Federal Credit Union, commonly known as EdFed, is a member-owned financial cooperative primarily serving the educational community. They offer a range of financial products and services including savings and checking accounts, loans, mortgages, and credit cards. EdFed generates revenue through interest on loans, fees for services, and investments. Established in 1935, the credit union has a long history of providing financial support and education to teachers, students, and their families, emphasizing personalized service and community involvement.

How to land this job

  • Position your resume to showcase your experience in closing and funding residential mortgage and home equity loans, emphasizing your attention to detail and compliance knowledge.

  • Highlight your familiarity with RESPA/TILA compliance and your ability to prepare and explain Closing Disclosures, as these are key responsibilities of the role.

  • Apply through multiple platforms, including Educational Federal Credit Union's corporate site and LinkedIn, to maximize your exposure to this opportunity.

  • Connect with professionals in the mortgage division at Educational Federal Credit Union on LinkedIn to gather insights and express your interest in the position; potential ice breakers could include asking about their experience with the company's loan process or their thoughts on current industry trends.

  • Optimize your resume for ATS systems by incorporating keywords from the job description such as 'closing conditions', 'funding', 'compliance', and 'loan processing' to enhance your chances of passing initial screenings.

  • Utilizing Jennie Johnson's Power Apply feature can simplify your application process by tailoring your resume, identifying the best application channels, and suggesting relevant LinkedIn connections to network with, allowing you to focus more on your job search strategies.

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