Mortgage Post Closer

Equity Bank • Wichita, KS

21h • Onsite

About The Position

The Mortgage Post Closer reviews closed mortgage loan files for accuracy, signatures, and dates; organizes and scans files; and submits files to investors for purchase. The role follows up on investor conditions, resolves discrepancies with underwriters and closers, completes mortgage loan insuring and booking/funding maintenance, transfers investor loans in MERS, and tracks recorded mortgages and final title policies. Duties also include paying fee invoices when required and monitoring investor final-document lists for missing items.

The position completes post-close reviews of in-house loans within 30 days of closing, enters exceptions into Baker Hill, and works weekly exception lists to clear outstanding conditions. It reviews documents for accuracy and ensures loans comply with applicable state and federal requirements, including RESPA, HMDA, and fair lending practices. The employee is expected to stay informed about changing mortgage regulations, meet department sales and service standards, maintain an error ratio below 5% as measured by quality control and audit processes, and follow applicable laws, regulations, and bank policies. Other duties may be assigned by management.

This is an on-site, hourly, full-time position in an office setting. Regular work involves computers and electronic media. The role requires standing, walking, bending, and squatting regularly, may involve stooping, kneeling, crouching, or reaching, and occasionally requires carrying, lifting, moving, or pushing up to 25 pounds.

Requirements

• High school diploma.
• Basic computer skills and ten-key skills.
• Excellent customer service.

Nice To Haves

• Knowledge of Encompass and Precision.

Responsibilities

• Review closed loan files for accuracy, signatures, and dates.
• Arrange files in the order preferred by investors, scan them into the bank's document housing system, and upload or ship files to investors for purchase.
• Follow up on investor conditions and work with underwriters, closers, and others to resolve file discrepancies and provide required documentation.
• Complete mortgage loan insuring, booking and funding maintenance, and transfers of investor loans in MERS.
• Track recorded mortgages and final title policies, pay fee invoices when required, and monitor investor final-document lists for missing items.
• Complete post-close reviews of all in-house loans within 30 days of closing.
• Enter exceptions into Baker Hill and work weekly exception lists to clear outstanding conditions.
• Review documents for accuracy and ensure loans comply with state and federal regulations, including RESPA, HMDA, and fair lending practices.
• Stay informed about changing rules and regulations for private and government-insured mortgages.
• Work in accordance with department sales and service standards and maintain an error ratio below 5% as documented through quality control reports, audits, and regulatory examinations.
• Understand and follow applicable laws, regulations, and bank policies, including business ethics and conduct, Bank Secrecy Act, information security, and suspicious activity reporting requirements.
• Perform other duties as assigned by management.

Benefits

• Health, dental, and vision insurance.
• Group life and long-term disability insurance.
• Flexible spending and health savings accounts.
• Group cancer insurance.
• 401(k) retirement plan with company match.
• Vacation and sick time.
• Employee stock purchase plan.
• Pet insurance.
• Retail banking benefits.
• Competitive compensation.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED