Mortgage Post Closer

BLACK HILLS FEDERAL CREDIT UNION • Rapid City, SD

5d • Onsite

About The Position

Processing of Residential Mortgage loans and the preparation of mortgage loan post-closing documents. Reviewing closing documents for completeness and obtaining necessary at closing underwriting conditions. Assist in the on-going quality control efforts of the mortgage department.

Requirements

• Working knowledge of the Credit Union's products and services.
• Working knowledge of organization's policies/procedures and credit union's service philosophy.
• Working knowledge of credit union's in-house computer system and internet.
• Extensive knowledge of state and federal real estate lending regulations.
• Working knowledge of safety and security program for false alarms, robberies, bomb threats, and extortion.
• Vision: A sighted person to effectively review documents.
• Speech/Hearing: Ability to communicate verbally and in writing with staff, members, and vendors.
• Manual Dexterity: Ability to perform necessary computer-related input.
• Physical Mobility: Limited mobility required.
• Ability to understand and follow complex written and oral instructions.
• Ability to comprehend complex functions and procedures and to be able to disseminate that knowledge in a clear and understandable format to others.
• Ability to express oneself, clearly and concisely, both orally and in writing.
• Ability to prepare and maintain confidential records and reports.
• Ability to gather, assemble, correlate, and analyze facts and develop solutions.
• Ability to analyze statistics and financial data.
• Ability to put people at ease.
• Ability to assess the needs of multiple members and prioritize requests to ensure that all members receive the highest quality service possible.
• Ability to handle daily routine with moderate freedom to interpret and act upon various situations.
• Ability to present a professional and personable personality that communicates to members and visitors that the credit union is a professional financial institution.
• Ability to interact with more than one department daily.
• Ability to work within precise standardized guidelines with some latitude to make decisions and take initiative to resolve problems or unique circumstances.
• Job requires a two-year college level of language, math and reasoning skills.
• Two years' experience in a related field with equal responsibilities is acceptable.
• Formal training should be supplemented with continuing education.

Responsibilities

• Primary support and contact for all secondary market investor loan submissions.
• Key-in loan application information, order required documents and services, process and deliver closing documents, and coordinate follow-up for any of the originators, closer or underwriting staff as assigned to clear post-closing investor stipulations.
• Assist processing, closing, or servicing staff as needed.
• Maintain real estate loan files according to procedure.
• Monitor working real estate loan files to ensure proper documents are obtained and/or ordered from vendors as required.
• Review, scan, and ship closed loan documents for in-house and secondary market loans.
• Remit payments for all FHA, VA, PMI, USDA fees on loans after closing to the appropriate agencies.
• Assist mortgage closers with registering MERS on all secondary market files.
• Obtain and advance all purchase advices onto Mortgage Servicing to post wires after loans purchased.
• Review, process, scan and ship all recorded mortgage documents and final title policies to investors in a timely manner.
• Type, process, and disburse real estate loans as directed.
• Ensure all documents are complete and accurate.
• Maintain department records, reports, and general ledger accounts affected by department transactions.
• Assist mortgage managers with preparation of audit files when needed.
• Perform other duties as may be assigned by the Mortgage Operation Manager.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree