Sr Home Loan Closer/Funder

A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals — and make a difference. Get started by choosing the career that’s right for you.

Dearborn, MI

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA.

keywords: about acg,compensation,loans,compliance,solutions,collaboration,other duties,benefits,education & experience,proficiency,knowledge,flexibility,skills

Full Time

Competitive Compensation and Benefits Package

Overview: <p><strong>About ACG</strong><br />The Auto Club Group (ACG) provides membership, travel, insurance, and financial services offerings to approximately 13 million members and customers across 14 states and 2 U.S. territories through the AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second-largest AAA club in North America.<br /><br /></p> <p><strong>Compensation</strong><br />The Auto Club Group offers competitive compensation and benefits packages including a base salary with performance-based incentives; medical/dental/vision insurance, pension, 401(k), generous time off, a complimentary AAA Membership, and much more!<br /><br />The Auto Club Group is seeking prospective&nbsp;<strong>Senior Home Loan Closer/Funders&nbsp;</strong>who will review all information submitted on complex, highly detailed and/or high profile residential mortgage loan applications to ensure all closing/funding documentation is complete and meets all requirements. &nbsp;</p>
Responsibilities: <br /> <ul> <li> <p>Complex loans/files include investor loans, loans associated with special government programs, and/or complicated accounts with short turn-around purchase transactions.&nbsp;</p> </li> <li> <p>Initiate and maintain contact with clients throughout the mortgage loan closing/funding process.&nbsp;</p> </li> <li> <p>Work with borrowers to obtain any information needed to complete the loan closing/funding process.&nbsp;</p> </li> <li> <p>Meet all conditions required by the automated loan origination system and program guidelines.&nbsp;</p> </li> <li> <div>Comply with all regulatory guidelines.</div> </li> <li> <p>Assemble a completely documented paperless loan file for closing within established timeframes.&nbsp;</p> </li> <li> <p>Work with borrowers and closing agents to establish closing dates, prepare the initial CD&rsquo;s and final CD&rsquo;s, as well as loan closing documents.</p> </li> <li> <p>Balance funding figures with closing agents to ensure proper and timely loan disbursement.</p> </li> <li> <p>Close loans following company, investor, federal, and state requirements.&nbsp;</p> </li> <li> <p>Follow all security guidelines for wiring funds.&nbsp;</p> </li> <li> <p>Ensure compliance with all GSE guidelines for loan quality and loan delivery to investors.&nbsp;&nbsp;</p> </li> <li> <p>Monitor the overall pipeline to identify triggers that require review.</p> </li> <li> <p>Serve as a lead/resource by proving assistance to lower-level staff.&nbsp;</p> </li> <li> <p>Handle more advanced/complex items and/or escalated disclosure issues.&nbsp;</p> </li> <li> <p>Utilize advanced knowledge and methods to identify issues in order to formulate and implement loan-level solutions.&nbsp;</p> </li> <li> <p>Participate in large projects or lead components of projects.</p> </li> <li> <p>Ensure understanding of departmental processes.&nbsp;</p> </li> <li> <p>Proactively work to identify, recommend and assist in the implementation of means to enhance department operations.&nbsp;</p> </li> <li> <p>Maintain ongoing knowledge of industry standards and develop higher-level working knowledge necessary to be successful in current role and possible progression within given field.</p> </li> </ul> <br /><br /> <p align="left">With our powerful brand and the mentoring we offer, you will find your position as a&nbsp;<strong>Senior Home Loan Closer/Funder</strong>&nbsp;can lead to a rewarding career at our growing organization.</p> <div align="left"><strong>How you will benefit:<br /><br /></strong></div> <ul> <li> <p align="left">Our Auto Club Group Senior Home Loan Closer/Funders earn a competitive salary with the potential of earning bonuses</p> </li> <li> <p align="left">Excellent and comprehensive benefits packages are just another reason to work for the Auto Club Group. Benefits include:</p> <ul> <li> <div align="left">401k Match</div> </li> <li> <div align="left">Medical</div> </li> <li> <div align="left">Dental</div> </li> <li> <div align="left">Vision</div> </li> <li> <div align="left">PTO</div> </li> <li> <div align="left">Paid Holidays</div> </li> <li> <div align="left">Tuition Reimbursement</div> </li> </ul> </li> </ul>
Requirements: <br /> <div><strong><u>Education:<br /><br /></u></strong></div> <ul> <li> <p align="left">High School Diploma or equivalent</p> </li> <li> <p align="left">Associate's Degree in related field</p> </li> </ul> <br /><span style="text-decoration: underline;"><strong>Experience:</strong></span><br /><br /> <ul> <li> <p align="left">Five years of experience working with residential mortgage lending of first mortgages sold on the secondary market to include the following:</p> <ul> <li> <p align="left">Closing/funding Conventional, FHA, and VA mortgage loans.</p> </li> <li> <p align="left">Closing second mortgages and home equity lines of credit</p> </li> <li> <p align="left">Analyzing reports and completion of forms</p> </li> <li> <p align="left">Working with math concepts including fractions, ratios, percentages statistics, etc.</p> </li> <li> <p align="left">Processing portfolio first and second mortgage loans as well as HELOC&rsquo;s</p> </li> <li> <p align="left">Resolution of underwriting and documentation issues</p> </li> <li> <p align="left">Working with secondary market vendors in regard to the purchase of loans</p> </li> <li> <p>Wiring of funds and Cash management procedures</p> </li> <li> <p>Analyzing mortgage loan credit package (income, assets, credit, and collateral)</p> </li> <li> <p>Packaging loans for sale in the secondary market</p> </li> <li> <p>Reconciling loan purchase advice from investors in regard to the purchase of loans</p> </li> <li> <p>Analyzing and setting up workflow process and procedures</p> </li> </ul> </li> </ul> <br /><span style="text-decoration: underline;"><strong>Knowledge &amp; Skills:</strong></span><br /><br /> <ul> <li> <p>Mortgage loan products, services, pricing, tax, and regulatory issues</p> </li> <li> <p>Mortgage loan closing/Funding procedures in a multi-state environment</p> </li> <li> <p>FCRA, ECOA, HMDA as well as other state and federal regs regarding the extension of credit</p> </li> <li> <p>Automated Underwriting Systems</p> </li> <li> <p>Experience with Encompass&nbsp; Loan Origination System</p> <p>&nbsp;</p> <div>&nbsp;</div> <div>&nbsp;</div> </li> </ul> <strong><span style="text-decoration: underline;">Demonstrated Skills in:</span></strong><br /><br /> <ul> <li> <p>Analyzing and problem solving complex loan processing issues</p> </li> <li> <p>Organization and planning</p> </li> <li> <p>PC software applications including Word and Excel</p> </li> <li> <p>Encompass based lending environments</p> <div>&nbsp;</div> <div>&nbsp;</div> </li> </ul> <strong><span style="text-decoration: underline;">Ability to:</span></strong><br /><br /> <ul> <li> <p>Provide input and assistance to less-experienced staff</p> </li> <li> <p>Clearly communicate with others in a professional work environment including internal and external customers and co-workers. This communication is in both verbal and written forms</p> </li> <li> <p>Adhere to mortgage loan closing/funding procedures</p> </li> <li> <p>Assist in the development of loan closing/funding procedures</p> </li> <li> <p>Work effectively with IT and software vendors in regard to loan processing systems</p> </li> <li> <p>Complete detailed tasks accurately and in a timely manner</p> </li> <li> <p>Meet deadlines and work well under pressure</p> </li> <li> <p>Work flexible hours including after hours and weekends when required</p> </li> </ul> <br />Important Note: The above statements describe the principle and essential functions, but not all functions that may be inherent in the job. This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements. Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfill these requirements.<br /><br />The Auto Club Group, and all of its affiliated companies, is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.