Randstad Mortgage Closer in Lynn, Massachusetts

Mortgage Closer


Lynn, MA

Date Posted:

Monday, October 17, 2016

Job Type:


Reference #:


Questions? 617-737-4000.


Randstad Finance & Accounting

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  • Prepares accurate, complete closing packages on real estate loans. Interacts with members, realtors, appraisers, and others involved in the closing package to ensure the smooth flow of information on closing a loan.Researches and resolves items in the closing package in professional and timely manner.

  • Ensures that closing dates are arranged and coordinated with all involved in the process.

  • Prepares loan file folders and ensures that all files are complete with up-to-date, accurate,and comprehensive documentation that complies with policies and procedures and external rules and regulations. Follows-up on exceptions and missing items. Ensures that a closed file is completed accordingto RWCU s policies and procedures.

  • Inputs loans on credit union system;posts rates; and posts loan transactions to the General Ledger.

  • Audits loans to ensure accuracy, completeness,and compliance. Packages and sends fully audited and compliant loans to investors.

  • Ensures the processing of HELOCs and first mortgages comply with all NCUA requirements as well as State and Federal requirements.

  • Fellows-up with members and potential members to gather additional information or documentation, ensuring that the member is comfortable with the requirements and timetables in general and specifically on closings.

  • Ensures wired funds are ordered through the Accounting Department to complete closing package

  • Processes loan to include verification of employment, deposit accounts, and all liabilities in order to prepare application of verified information.

  • Requests and evaluates real-estate appraisals, surveys, and titles; reviews for accuracy and completeness. Ensures proper guidelines are followed.

  • Requests flood certification to determine if property is or is not in a flood zone. Obtains copy of current homeowner s insurance and flood insurance.


  • May have a specialty function within the Loan Department but will also cross-train to provide coverage as a Loan Processor or Sr. Loan Processor.

  • May close business loan files as a back-up.

  • May assists, as needed,with pre-closing functions.

  • May participate in community service events and/or Credit Union sponsored events.


  • Professional,courteous interpersonal and communication skills are essential for projecting a positive image as an employee of RWCU with co-workers, members and potential members, attorneys, title examiners, vendors, visitors, etc.

  • Work requires a thorough knowledge of RWCU s mortgage products and procedures as well as NCUA and State and Federal rules and regulations on mortgage and HELCO processing and closings. Bondability is a requirement of the position.

  • Associate Degree in Business or related field,or the equivalent combination of education and experience is required. Proficiency with computer software applications is required.

  • A minimum of five years of experience in a Mortgage Loan function of a financial institution is required.

  • Position requires the: ability to read,analyze,and interpret financial reports, procedures,legal documents and external regulations; ability to respond professionally to varied inquiries or complaints from members; and ability to communicate and negotiate effectively.

  • Intermediate math skills (adding,subtracting, multiply, dividing,percentages, proportions, fractions, interest) are required.

  • Position requires the ability to work on a keyboard, sit for prolonged periods of time, and communicate orally and in writingwith members, management, peers,subordinates, vendors, etc.

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