Residential Loan Closer & Funder

About CBC Mortgage Agency

Voted as one of the top 20 places to work in Utah and winner of Best Communication in the State of Utah. CBC Mortgage Agency (CBCMA) focuses on personal and professional development as the core value of the Company that has established a record of success and growth. Take your career to the next level in a comfortable workplace with an environment that encourages networking and team socializing. As well as great perks and benefits the position offers competitive wages depending on experience as well as full benefits including medical dental and vision insurance coverage short- and long-term disability and a 401(k) plan retirement addition to these great benefits we offer 10 company holidays a year and paid time off (PTO). If this is the opportunity that youve been waiting for apply today!

ABOUT CEDAR BAND CORPORATION

We are a federally chartered tribal corporation wholly owned by the Cedar Band of Paiutes. Deeply rooted in our rich history we provide industry-leading military and government contractor services including construction management technology telecommunications and staffing solutions as well as mortgage industry convenience store and beverage distribution services to federal agencies and commercial industries. From our modest beginnings as a single IT company with one contract we have grown to ten branded companies across the nation.

Headquartered in Cedar City Utah with regional offices and project sites in South Jordan UT; Tooele UT; Seattle WA; Huntsville AL; Fort Lee VA; and Tobyhanna PA we employ over 100 employees who are all committed to our vision to be an industry leader as a tribally-owned business that provides world-class order to attract and retain this caliber of employees we offer competitive compensation excellent benefits and a dynamic work environment based on open communication and honesty.

Job Summary

CBC Mortgage Agency is seeking an experienced and detail-oriented Mortgage Loan Closer & Funder to join our operations team in a hybrid this dual-function role the successful candidate will be responsible for managing the closing and funding of residential mortgage loans from preparation through disbursement ensuring accuracy compliance and an exceptional experience for all parties involved. This role requires a thorough understanding of mortgage loan documentation regulatory requirements and funding processes as well as the ability to manage a high-volume pipeline with precision and professionalism.

Hybrid Work Structure: This role is based in our South Jordan Utah headquarters with flexibility for a hybrid schedule (combining in-office and remote work) after the initial onboarding period.

Key Responsibilities

Closing

• Prepare and review closing disclosure documents closing packages and all required loan documentation in accordance with investor guidelines and regulatory requirements.
• Coordinate closing dates times and logistics with borrowers title companies settlement agents and loan officers.
• Ensure all conditions of approval have been satisfied prior to closing and that loan files are complete accurate and compliant.
• Review executed closing packages returned from settlement agents for accuracy and completeness.
• Communicate proactively with internal teams and external partners to resolve any outstanding issues prior to and at closing.

Funding

• Review funded loan packages to verify all documents are properly executed and all closing conditions have been met.
• Authorize and initiate wire transfers for loan funding in accordance with company policy and investor requirements.
• Reconcile funding figures including loan proceeds escrow amounts and fees to ensure accuracy prior to disbursement.
• Coordinate with warehouse lenders to facilitate timely funding and loan delivery.
• Maintain detailed and accurate records of all funded loans and ensure timely submission to post-closing and secondary market teams.

General

• Monitor and manage a pipeline of loans through closing and funding stages prioritizing to meet rate lock expirations and closing deadlines.
• Ensure full compliance with RESPA TRID and all applicable federal state and investor guidelines.
• Identify and escalate potential issues or discrepancies in a timely manner.
• Collaborate cross-functionally with underwriting processing compliance and secondary market teams.
• Maintain a thorough working knowledge of FHA conventional and down payment assistance loan programs.

Qualifications

• Minimum of 25 years of experience in mortgage loan closing funding or a combined closing/funding role.
• Strong working knowledge of TRID RESPA and federal and state mortgage lending regulations.
• Experience with FHA loan programs and Ginnie Mae guidelines preferred.
• Proficiency with loan origination systems (LOS); experience with Encompass strongly preferred.
• Demonstrated ability to manage a pipeline while maintaining accuracy and meeting deadlines.
• Excellent written and verbal communication skills with the ability to interact professionally with borrowers settlement agents title companies and internal stakeholders.
• Strong organizational skills and keen attention to detail.
• Ability to work independently in a hybrid environment while remaining a collaborative and engaged team member.

Work Environment

This position will be hybrid with a combination of remote work and working onsite in office according to arranged schedule as well as deemed by management and business needs. Hybrid and remote employees are required to be readily available by telephone and video conference during normal business hours.

Physical Requirements:

• Prolonged periods of sitting at a desk.
• Must be able to lift up to 15 pounds at times.

Position Type/Expected Hours of Work

This is a full-time position hours of work and days are Monday through Friday 8 a.m. to 5 p.m. with occasional evenings as job duties demand.

Travel

No travel expected.

Education and Experience

1. High School Degree/GED or greater.
2. Minimum of 25 years of experience in mortgage loan closing funding or a combined closing/funding role.
3. Must have full knowledge and compliance understanding of RESPA TRID and all applicable federal state and investor guidelines; as well as FHA loan programs and Ginnie Mae guidelines.

Additional Eligibility Qualifications

None.

Work Authorization/Security Clearance

Must be authorized to legally work within the United States of America.

Other DutiesPlease note this job description is not designed to cover or contain a comprehensive listing of activities duties or responsibilities that are required of the employee for this job. Duties responsibilities and activities may change at any time with or without notice.