Home Equity Funder/Post Closer


: $84,720.00 - $185,900.00 /year *

Employment Type

: Full-Time


: Financial Services - Banking/Investment/Finance

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Position Purpose and Objectives

The primary purpose of this employee is to assist CUTX in living out its vision to deliver an unexpected experience. To achieve this goal, the employee must provide outstanding service to both internal and external members while answering calls and assisting members with mortgage related products, funding Home Equity loans, along with other mortgage related programs, and some other mortgage related items. The Home Equity Funder/Post Closer works directly with the Home Equity department staff and is responsible for funding all mortgage related programs, prepares the mortgage files for filing/scanning, final review of all HELOC closing documents, and answering any questions about the process.

Major Duties and Essential Functions

  1. Deliver outstanding service to both internal and external members that meets or exceeds our core values:
  2. We are interested, not interesting
  3. We are empowered
  4. We have fun
  5. Deliver outstanding service to both internal and external members that meets or exceeds our creed:
  6. Care
  7. Understand
  8. Teach
  9. Xceed
  10. Obtain and communicate effective knowledge of the Credit Union s mortgage/home equity products and services.
  11. Keep work area neat and clean
  12. Complete daily assignments/closings
  13. Demonstrate enthusiastic support of CUTX mission, core values and loan term objectives. Performs job duties within bylaws, regulations, Board of Directors policies, established internal and external service standards and our work procedures.

A Home Equity Funder/Post Closer handles a variety of general functions for the Home Equity Department, including the final loan closing process of home equity loans. These functions include (but are not limited too):

  1. Maintains a closing pipeline assigned for daily funding and workload
  2. Must be able to deal tactfully and courteously with internal and external members and others face to face, over the phone or by electronic communication
  3. Track and review final, signed closing packets from the Title Company/Mobile notaries.
  4. Prepares Home Equity Loan closing documents, and gets the file ready for funding.
  5. Reviews, pre-audits and analyzes the closing packet for accuracy and completeness to ensure that there are no post-closing issues. The
  6. Answers questions regarding closing requirements from other staff, members or departments
  7. Fund any and all CUTX mortgage related products: HELOCs, TML loans, Triad Loans, and any other program we might have.
  8. Must possess strong time management skills to plan and organize a high daily loan volume and fast paced environment
  9. Ability to handle multiple tasks simultaneously with a high level of accuracy and attention to detail
  10. Must be a team player and work constructively with fellow teammates, member and other employees
  11. Follows up to ensure timely receipt of missing and/or corrected information/documents
  12. Complete any additional duties assigned by Director of Real Estate Lending or Senior Home Equity Processor
  13. Must maintain an active MLO registration through the Nationwide Mortgage Licensing system and Registry (SAFE Act).
  14. Must maintain notary registration

Positions directly supervised: N/A

Specific knowledge, skills, and abilities required for this position:

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.

- Personal Computer/Printer

- Accurate typing skills (40 wpm)

- Calculator/Adding Machine

- Telephone System



- DocuSign

- Fax Machine/Scanner

- Microsoft Word, Excel, E-Mail

The ability to read and comprehend instructions, short correspondence, and memos. The ability to write simple correspondence. The ability to effectively present information in one-on-one situations to supervisor, members, and other employees in the organization.

An ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, decimals, and the ability to compute rates and percentages.

An ability to apply common sense understanding to carry out instructions furnished in written, oral, diagram form and the ability to deal with problems involving few concrete variables in standardized situations.

Knowledge of loan policies, procedures, and loan documents to perfect liens on collateral securing loans (Homestead/Real Estate).

The ability to operate Call Management System. Must effectively communicate via telephone with members and other individuals who contact the Home Equity/Real Estate Department.

Good communication skills, using courtesy and proper grammar, to discuss credit union s policies and procedures.

An ability to perform multiple tasks while maintaining a high standard of performance

Education: High school diploma or general education degree (GED) and two years of experience in loan processing or funding analysis.

Experience: Minimum 1-2 years or more of similar or related experience.

Physical Activities and Requirements of this Position



Finger Dexterity

Using primarily just the fingers to make small movements such as typing, picking up small objects, or pinching fingers together.


Using fingers and palm on an object.


Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.

Repetitive Motions

Movements frequently and regularly required using the wrists, hands, and/or fingers.

Average Hearing

Able to hear average or normal conversations and receive ordinary information.

Average Visual Abilities

Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery.

Sedentary Work

While performing the duties of this job, the employee will frequently talk or hear, sit, use hands to handle or feel, and reach with hands or arms. The employee will occasionally, stand and walk, climb or balance, and stoup, kneel, crouch, or crawl. The employee will occasionally lift and move up to 10 pounds.

Working Conditions of this Position


None. No hazardous or significantly unpleasant conditions.

Mental Activities and Requirements of this Position

Reasoning Ability: The ability to use common sense or logic.


Ability to define problems, collects data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Mathematical Ability: The level of ability required to perform math skills and operations.


Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

Language Ability: The level of ability required to communicate and understand written and oral language.


Ability to use passive vocabulary of 7,000-9,000 words; read at a fast-paced rate; and define unfamiliar words in dictionaries for meaning, spelling, and pronunciation. Ability to write moderate to complex documents. Ability to communicate in complex sentences, using normal word order with present and past tenses and strong vocabulary. Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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