Loan Closing Coordinator I

Napa, Californiafull timeOn Site

H1B: no

Redwoodcu Loan Closing Coordinator I supports Redwood Credit Union’s lending departments by facilitating loan closing and funding processes, focusing on mortgage lending. Responsible for preparing, reviewing, and validating loan closing documents and ensuring compliance with regulations.

Responsibilities

o Prepare and remit accurate loan closing documents to closing agents.
o Ensure supplemental documents and underwriting stipulations are included.
o Review loan documents for completeness, accuracy, and compliance.
o Apply TRID regulations, including timing and accuracy of Loan Estimates and Closing Disclosures.
o Maintain compliance with RCU policies, investor guidelines (e.g., Fannie Mae), and regulatory changes.
o Validate executed loan documents for proper signatures, notary info, and title compliance.
o Resolve documentation errors and ensure fee tolerance compliance.
o Review and approve Closing Disclosure and Settlement Statement for accuracy.
o Issue final Closing Disclosure when needed and initiate wire transfers.
o Input funding data into loan origination and core banking systems.
o Address post-closing issues and support delivery of loan packages to investors.
Lending Operations Support:

Qualification

Required

Entry level skills in reviewing loan closing documents for completeness and accuracy
Ability to balance funding transactions in partnership with title companies