Mortgage Loan Closer

Mortgage Loan Closer Dearborn, MI Job Details Full-time 1 day ago Benefits Health savings account Paid holidays Disability insurance Health insurance Dental insurance Flexible spending account Financial planning services Tuition reimbursement Paid time off 401(k) 4% Match Adoption assistance Vision insurance 401(k) matching Employee discount Life insurance Pet insurance Qualifications Document preparation (loan closing) Document review (document control) Federal Housing Administration (FHA) loans Regulatory compliance Mid-level High school diploma or GED Key Performance Indicators Real estate closing management Coordination (loan closing) Loan funds disbursement Veterans Affairs (VA) loans Associate's degree Document management systems Loan document verification 2 years Communication skills TRID compliance Full Job Description Join the DFCU Financial team today, and discover the benefits, rewards and development opportunities from one of the largest and best managed credit unions in the country. Do you have a sharp eye for detail and a passion for accuracy? Are you organized, deadline-driven, and dedicated to delivering a smooth experience for members? As a Mortgage Loan Closer, you'll coordinate all aspects of the first mortgage closing process—working with members, internal partners, real estate agents, sellers, and settlement agents. You'll prepare and deliver complete, compliant closing document packages while verifying loan data, confirming final figures, and ensuring accuracy across every file. This role requires a strong understanding of mortgage regulations, including local, state, federal, and investor requirements. Your diligence, communication, and collaboration will help ensure every closing is handled with precision and every member experience is exceptional.

The Opportunity:

We are seeking a full time Mortgage Loan Closer to join our team in Florida or Michigan.

What You'll Do:

Review loan files for completeness and accuracy of loan data and closing information and update system accordingly. Prepare and issue preliminary Closing Disclosure at prescribed process point. Confirm closing date, time, and location, with all parties. Prepare closing document packages and deliver to settlement agent via preferred method and/or location. Review and confirm final figures with borrowers. Follow-up and obtain documentation needed for closing (i.e., tax bills, insurance documentation, confirmation of HOA fees, updated payoff statements, POAs, etc.). Coordinate funding of mortgage transactions with title companies/settlement agents (i.e., wire transfers, cashier's checks). Clear closing conditions and tasks in loan origination system, when applicable. Maintain working knowledge of local, state, federal, and investor guidelines to ensure compliance. Update loan status in the system and ensure timely progression through the pipeline, to close loans within defined service level agreements. Collaborate with loan officers and loan processors to ensure a smooth loan process and positive member experience. Achieve performance goals and key performance indicators (KPIs) as defined by the management team.

What You'll Need:

High school diploma or equivalent work history required; associate's degree preferred. Minimum 2 years of experience in mortgage loan closing or related field. Strong understanding of mortgage products, including conventional, FHA, VA, and state-supported loans. Familiarity with loan origination systems (LOS) and document management platforms. Experience with Michigan and Florida housing programs or government-backed loan products, preferred. Knowledge of compliance and regulatory requirements (TRID, RESPA, HMDA), preferred. Proficient in Microsoft 365. Demonstrated analytical and problem-solving skills. Able to initiate and embrace change. Excellent interpersonal skills, including written and verbal communication, and ability to work in a team environment. Occasional overtime may be required during peak periods.

What We Offer:

Potential for a hybrid work schedule 401k plan match, dollar for dollar up to 4% 401k additional employer contribution after one year at 5% Employee bonus program Medical, dental and vision insurance effective date of hire Health savings account (HSA) Flexible spending accounts for medical and dependent care expenses Adoption assistance for qualified expenses maximum $10,000 per child Wellness initiatives and reimbursements Pre-paid legal services plan Identity protection plan Accident supplemental plan Short & long term disability plans paid for by company Company provided basic life insurance of $50,000 plus supplemental for employee, spouse and child Pet Insurance Free financial planning assistance Numerous fun employee events throughout the year Volunteer and community engagement opportunities Employee loan discounts (closed-end loans) Service / anniversary awards Employee discounts for company logo wear Employee referral payouts for recruiting your friends and family Paid lunch time Tuition reimbursement / Education assistance Ongoing training opportunities Leadership development program Paid time off Paid holidays (13 per year) Flexible scheduling for students Equal Opportunity Employer / Disabled / Veterans