Join the family of First Federal Bank of Kansas City and be part of changing the banking industry where customers are cared for and treated like part of the family. We believe in taking care of our employees so they in turn are compelled to deliver the utmost customer service.
 

SUMMARY 

The Mortgage Loan Closer verifies, and compiles the closing figures to create the closing documents by performing the following duties:

 

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. 

Responsible for promotion and delivery of quality internal and external customer service. 

Reviews, approved mortgage loan to determine conditions that must be met prior to closing, such as purchase of private mortgage insurance.  

Calls respective contacts to request specified documents, such as receipt for payment of outstanding tax bill. 

Verifies accuracy and consistency of documents in an efficient and timely manner. 

Answers questions regarding closing requirements.

Enters information for closing documents on Portfolio, Conventional, FHA and VA, USDA loans and other required bank products. 

Reviews documents for delivery to title company for closing. 

Disburses, and prepares loans for shipping. Input of wires (daily).

Has comprehensive understanding of TRID and CFPB requirements

Has comprehensive understanding of Mavent Compliance and how to resolve issues that the report has identified.

Complies with all applicable banking laws and regulations, including, but not limited to, the Bank Secrecy Act, USA Patriot Act, and related anti-money laundering statutes; and, federal consumer protection legislation and regulations

 

QUALIFICATIONS:  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

EDUCATION and/or EXPERIENCE:

High school diploma or general education degree (GED); and three years related experience and/or training in mortgage lending, which includes the entire process from origination through closing and shipping. Completion of Investor and Federal regulations training on an ongoing basis.

 

LANGUAGE SKILLS 

Ability to read and interpret documents such as operating and procedure manuals. Ability to write letters and business correspondence. Ability to speak effectively to customers or employees of organization.

 

MATHEMATICAL SKILLS 

Ability to calculate figures and amounts such as interest, payments, discounts, commissions, and percentages. Ability to accurately complete and reconcile General Ledger Accounts for loan income.

 

REASONING ABILITY 

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

 

OTHER SKILLS AND ABILITIES

Typing speed of 45 WPM.  Word processing experience. 

Demonstrated responsibility and capacity to be solely responsible for closing loans.

 

PHYSICAL DEMANDS  The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

While performing the duties of this job, the employee is regularly required to sit and use hands to finger, handle, or feel objects, tools, or controls. The employee frequently is required to reach with hands and arms and talk or hear. The employee is occasionally required to stand and walk.Specific vision abilities required by this job include close vision and the ability to adjust focus.

 

WORK ENVIRONMENT  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

First Federal Bank is committed to providing equal employment opportunities to all people without regard to race, color, religion, national origin, ancestry, marital status, veteran status, age, disability, pregnancy, genetic information, citizenship status, sex, sexual orientation, gender identity, or any other legally protected category.

A note to applicants:  First Federal Bank of Kansas City is closely monitoring the spread of the coronavirus to protect our employees and our organization as a whole.  We are hiring, but many of our internal and external job interviews are taking place through video and/or phone alternatives.  If contacted for an interview, we will be happy to share more with you about the steps we are taking to limit the spread of the virus.