Colorado Veterans Jobs

Colorado Veterans Jobs

Job Information

Ent Credit Union Post-Closing Specialist II - POSTC02471 in Colorado Springs, Colorado

The purpose of the Post-Closing Specialist is to ensure timely and accuratequality reviews of closing documentation for all mortgage loan products,coordinating with all appropriate parties to verify errors are properlyresolved before shipping and delivering loans to investors. They will alsoensure the loan is compliant with regulatory and Credit Union policies. ThePost-Closing Specialist will serve as the liaison between the members,mortgage lending staff, and third parties to the mortgage transaction oncethe loan has closed. They will also be responsible to utilize all availableresources to remain proficient and knowledgeable with Mortgage Lendingproducts, procedures, and regulations.Position Description:The purpose of the Post-Closing Specialist is to ensure timely and accuratequality reviews of closing documentation for all mortgage loan products,coordinating with all appropriate parties to verify errors are properlyresolved before funding, shipping, or delivering loans to investors. Theywill also ensure the loan is compliant with regulatory and Credit Unionpolicies. The Post-Closing Specialist will serve as the liaison between themembers, mortgage lending staff, and third parties to the mortgagetransaction once the loan has closed. They will also be responsible to utilizeall available resources to remain proficient and knowledgeable with MortgageLending products, procedures, and regulations.Essential Job Duties and Responsibilities:Audit closing packages for accuracy to include verifying signatures,notaries, dates, and completeness. Create and scan all documents tovirtual file, secure original collateral documents and complete/submitapplication for VA LGC or FHA MICPrepare CHFA and Bond loan files for sale following procedures set by eachinvestor to include using their websites to transfer documents, etc. Resolveany deficiencies on investor report from initial sale of loan. Ensure allinformation on purchase advice is accurate. Notify Servicing to transfer loanfile to investor and communicate with them as payments are received.Export/Import new loans, update system with critical information, remitfees to VA .and. FHA within their deadlines, and activate Private MortgageInsurancAddress any post-closing conditions to include following up on receipt ofrecorded documents, and title policies.Research and maintain an updated knowledge of progressing loan programguidelines. Understand and meet all regulatory guidelines to guarantee loancompliance.Other duties as requiredMinimum formal education required for this position:High School Diploma or equivalentEach year of relevant work experience may be exchanged for a year in arelevant degree program or vice versa. For example, a requirement ofKnowledge Consistent with a Bachelors Degree in Accounting and 2+ years ofaccounting experience could be substituted for a High School Diploma and 6years of relevant accounting work experience or a Masters Degree in Accountingand 0 years of work experience.Minimum work experience:2+ years First Mortgage Lending experienceand3+ years customer service or 2+ year(s) credit union experienceTechnical or specialized knowledge/skills:Working knowledge of 1st mortgage products.Knowledge of Mortgage Lending business terminology and process flow.Working knowledge of investor and lending regulations.Ability to analyze post-closing documents to ensure compliance with regulatoryrequirements.Ability to analyze and problem solve to create positive outcomes for allinterested parties.Ability to prioritize/manage files and allocate resources.Organized, detail oriented, flexible and able to multi- task in anever-changing environment.Display positive, professional demeanor and work independently with littlesupervision.Self-motivated.Initiative to meet and/or exceed job standards and willingness to take onother tasks that support the goals of the Credit Union.Effective verbal and written communication skills.Analytical and mathematical skills.Proficient with compute

DirectEmployers