Redwoodcu·16 days ago
16 days ago
Loan Closing Coordinator I
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What you'll do
- Prepare and remit accurate loan closing documents to closing agents.
- Ensure supplemental documents and underwriting stipulations are included.
- Review loan documents for completeness, accuracy, and compliance.
- Apply TRID regulations, including timing and accuracy of Loan Estimates and Closing Disclosures.
- Maintain compliance with RCU policies, investor guidelines (e.g., Fannie Mae), and regulatory changes.
- Validate executed loan documents for proper signatures, notary info, and title compliance.
- Resolve documentation errors and ensure fee tolerance compliance.
- Review and approve Closing Disclosure and Settlement Statement for accuracy.
- Issue final Closing Disclosure when needed and initiate wire transfers.
- Input funding data into loan origination and core banking systems.
- Address post-closing issues and support delivery of loan packages to investors.
- Provide backup support for lending phone queues.
What they're looking for
- Entry level skills in reviewing loan closing documents for completeness and accuracy
- Demonstrated ability to balance funding transactions in partnership with title companies utilized to transact the loan
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Redwood Credit Union is looking for a Loan Closing Coordinator I, who will be responsible for supporting RCU’s lending departments closing and funding processes particularly focused in Mortgage Lending, by working both individually and as part of a team to facilitate the loan closing process, including the creation and review of loan closing documents. The Loan Closing Coordinator I must have entry level skills in reviewing loan closing documents for completeness and accuracy, as well as demonstrated ability to balance funding transactions in partnership with title companies utilized to transact the loan.
Key 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:
o Provide backup support for lending phone queues.
o Respond to basic inquiries from members and interested parties regarding loan status.
Join us and discover why you'll love working at Redwood Credit Union!
ABOUT REDWOOD CREDIT UNION (RCU):
At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad.
As a not-for-profit financial institution, we are committed to a people-first approach, which is reflected not only in how we serve our Members, but also in how we treat our employees. Our leadership team is deeply focused on fostering a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and ensuring financial well-being for all.
Why work for Redwood Credit Union?
• 21st largest credit union in the U.S. and the largest financial institution based in the North Bay
• Recognized by Newsweek as one of "America's Best Credit Unions 2026"
• Awarded a 5-Star Bauer Rating
• Recognized by Newsweek as one of "America's Greatest Midsize Workplaces 2026"
• Top Corporate Philanthropists (#24) - San Francisco Business Times
• Voted Best Places to Work in the North Bay 21 years in a row
• World-class Employee Engagement scores
• Rated Superior in Service by more than 90% of Members, surveyed by SF Gate
• Industry leading Net Promoter Scores across the U.S.
Company
Redwoodcu
Napa, United States of America
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