Mortgage Post Closer

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 conditions where necessary.
• Liaison between our growing financial institution and our investors.
• Follow-up with clients to verify important information.
• Maintain compliance with and adhere to all state and federal regulations and Bank policies and procedures, including, but not limited to Bank Secrecy Act, SAR, CTR, FACT ACT, Community Reinvestment Act, EEO, and fair employment practices.
• All other duties as assigned.

Minimum Educational & Experience Requirements

• High school diploma or equivalent required
• Bachelor's degree in finance or relevant field preferred
• Minimum of 5 years' experience as a Loan Processor, Post Closer or similar role

Minimum Skill Requirements

• In-depth knowledge of closing procedures, loan processes, and documentation.
• High level of understanding of current regulatory requirements affecting mortgage loans
• Professional and effective verbal and written communications
• High degree of detail orientation
• Strong organizational skills
• Ability to work independently with minimal supervision
• Proficient with MS Office

Physical Demands

In terms of an 8-hour workday, "occasional" equals 1% to 33%, "frequent" equals 34% to 66% and "continuous" equals 67% to 100%. However, some duties are performed monthly, annually or sporadically throughout the year and are essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions of the position, if the accommodation does not impose an undue hardship that would require significant difficulty or expense.

• Continuous stationary position, particularly, but not limited to, at a desktop computer
• Continuous repetitive use of hands/arms; particularly concerning to typing, writing, phone & computer use
• Continuous communication: verbal and written, in-person, phone and electronic

Work Environment

• Office environment; remote and hybrid flexibility if determined by management