Description
Legal Entity: Honda Federal Credit Union
Business Unit: Honda Federal Credit Union
Division: 1CU
Work Location: Honda Federal Credit Union - Marysville, OH Echo Dr. Location
Shift: 1st
Workstyle: Onsite
Career Level: 2
Job Grade: Non-Exempt-4 (NE4)
Job Purpose
This position is responsible for preparing closing documents, funding loans in symitar and shipping closed loans files (i.e., funded loans) to Secondary Market Investors, loans sold with servicing retained by HFCU to a third party sub-servicer, or loans retained for portfolio to the Credit Union’s file room.
Key Accountabilities
Draw loan documents; verify legal description, vesting, loan amount, loan type, interest rate, and points/costs. Deliver Closing Disclosure to borrowers within TRID guidelines
Schedule loan closing with closing agents. Communicate closing date, loan terms, and payoff requests with loan stakeholders. Deliver documents to closing agent, complete the wire, and deliver funding stipulations 1 business day prior to close
Confirm loan documents are properly executed. Process loan on core system and disburse funds as required. Contact closing agent to correct any problems with loan documentation. Deliver completed loan to secondary market investor, servicer, or file appropriately within HFCU policies
Communicates closely and effectively with MLOs, Processor, Members and Closing Agents
Ongoing education and training
Qualifications, Experience, and Skills
High School Diploma or General Education Degree
Understanding of TRID Regulations
Two years of related experience processing loans and/or relevant training
Working knowledge of State and Federal lending regulation
Working knowledge of Secondary Market Guidelines
Computer skills: Knowledge of Microsoft Office Suite, Loan Origination systems, and Automated Underwriting systems
Honda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.
For more detail, salary and company information, use the apply link
