Mortgage Post Closing Processor

Old National Bank • Tecumseh, MI

38d • $17 - $22

About The Position

Old National Bank has been serving clients and communities since 1834. With over $50 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values. Post- Closers are responsible for reviewing/auditing the final executed mortgage closing packages returned from the title companies. This is to ensure the file is within compliance and satisfies regulatory guidelines and Old National internal policies and procedures. Also, confirming all documents that were sent to closing were returned accurately signed and notarized where applicable. All executed closing documents are filed within the appropriate folders for accessibility for future review. The salary range for this position is $17.00/hr - $22.00/hr The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Requirements

• High School Diploma or GED
• 1-2 years of related work experience, previous mortgage loan experience preferred.
• Strong organizational skills
• The ability to effectively communicate and have experience using a personal computer.

Nice To Haves

• 1-2 years of related work experience, previous mortgage loan experience preferred.

Responsibilities

• Reviewing executed closing packages post- closing to increase safeguards for both compliance purposes and Old National's internal policies and procedures.
• Confirming all documents that were sent to closing were received back from closing.
• Reviewing the entire executed closing packages to ensure all borrower signatures/ dates and notarizations are accurate.
• Contacting internal and external parties to assist with corrections or obtain additional documentation that is required for the files.
• Reviewing the Loan Operating System (LOS) and based on the information update as necessary or contact various internal parties to update as needed prior to the loan being moved to its next destination. i.e. Underwriting, Processing, Sales.
• Track outstanding items to confirm timely receipts of documentation and follow up as needed, by contacting the title companies and effectively communicating what is needed.
• Track and pay government premiums for FHA, USDA and VA loans.
• Obtain government insuring by completing the application and successfully obtaining the certificate for each government loan.
• Activate Private Mortgage Insurance (PMI) online or by sending a check for the full premium.
• Associates can seek to understand factors that influence their role. They also identify and present opportunities for improvement to both the system and the process.
• Effectively communicate with both internal and external clients. i.e. Processor, Underwriters, Sales, and Title Companies.
• Actively review outstanding items to ensure they are being cleared in a timely manner.
• Periodically reviewing files to confirm all activity is being consistently reviewed on all files.
• Reviewing government loans to ensure premiums are being paid timely.

Benefits

• medical, dental, and vision insurance
• 401K
• continuing education opportunities
• employee assistance program
• Impact Network Groups

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees