Mortgage Loan Post Closer

Job Description

Summary/Objective •The Mortgage Post Closer is responsible for coordinating the resolution of conditions identified by the investor during purchase review to enable the loans to be purchased in a timely manner. To resolve conditions, the post closer is expected to research the loan file, clarify any ambiguity or potential concerns with the investor, work with loan contributors and the appropriate departments to obtain additional or corrected documentation, and request investor exceptions or reconsideration when appropriate. The Post Closer uses Investor sites and the loan origination system to obtain daily suspense reports, upload documentation to the Investor for curing and purchasing of loans, documents and provides updates on all conditioned loans in the Post Closers pipeline.•What you will do: • Reviews closed loan files for completeness prior to shipping to the Investor• Retrieves loan file documentation and investor specific requirements for purchase• Delivers imaged loan files and some original documents to the Investor• Reviews Investor Suspense Reports daily to identify loans that have been suspended for purchase• Logs updates from Investors to our LOS• Reviews and obtains clarity from the Investor when needed to determine the suspense item and requirements to cure the defect• Reviews loan file to determine if suspense information is available and works with internal and external resources to obtain needed documentation to cure suspense items timely• Uploads suspense documents to LOS and Investor sites for review and purchasing of loans• Notifies management of incurable defects or unresponsive internal or external resources• Submits loan packages to obtain insurance or guaranty• Tracks recorded documents and ensures timely delivery to InvestorWhat were looking for: • Ability to work independently with minimal supervision• Must be detailed-oriented• Proficient in MS Windows/Outlook and LOS (Calyx Point experience preferable)• Strong problem-solving skills• Good communication skills and teamwork• Ability to independently plan, prioritize, organize and complete work in an efficient manner• Understanding of mortgage lending origination requirements including applicable laws and regulationsWork Environment •This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.•Position Type and Expected Hours of Work •This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5 p.m.•Education and Experience • •High School Diploma or higher•• •The ideal candidate must have a minimum of 3 years experience in residential mortgage post-closing activities•• •Experience using loan origination system and familiarity with navigating Investor and Agency sites••Other Duties •Please 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.Whats in it for you • Competitive compensation and full benefits package include medical, dental, and vision.• 100% company-paid life insurance and disability coverage!• 401K with company matching!• 17 days PTO (increases with tenure) and 9 company paid holidays!• Professional but fun, casual work environment and great team culture!About BSI Financial: Founded in 1986, we provide financial services that support our vision of enabling sustainable home ownership by practicing core values that embody doing what is right; emphasizing problem solving; delivering on expectations and winning with humility. Our clients include lenders and investors who make home financing possible.BSI Financial was ranked multiple times in the SMU Dallas 100 list of the fastest growingcompanies in North Texas and was twice named to the Inc. 5000 list of the fastest growing U.S. companies.EEO Statement: We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.