Mortgage Post Closer

Job description

Position Summary: The Post Closer will be to help closed loans get to purchase status expeditiously in a timely and professional manner while protecting our institution's credibility. In this role, the Post Closer will demonstrate an in-depth knowledge of relevant rules and regulations. Essential Functions: - Execute the loan funding process to closing agents to assure that approved fundings are expedited and completed properly. - Collect and deliver all necessary documentation for the loan package. - Ensure all government products and obtain guaranty certificates (FHA, VA, USDA). - Register closed loans and sold loans with Mortgage Electronic Registration Systems (MERS) . - Send servicing transfer letters to borrowers when loan is sold. - Regular, reliable, and predictable attendance. Marginal Functions: - Obtain trailing documentation required to complete sold loan files. - Process purchase advice forms received. - Payoff warehouse line. - Deliver and request original notes to/from warehouse lender and investor. - Ensure compliance with the established regulations and law requirements. - Clear any investor conditions of sale. - Liaison between operations personnel to clear condit...