Residential Post Closer & Lock Desk

River Run Services LLC • Amesbury, MA

10h • Hybrid

About The Position

River Run is a shared services organization that supports banking affiliates, Newburyport Bank, Pentucket Bank and Rollstone Bank & Trust. The Residential Post-Closer & Lock Desk performs post-closing mortgage loan transactions, manages rate sheets and locks, and monitors secondary market loan purchases and sales, with a strong focus on quality and accuracy. This role features a hybrid work model that blends in-office collaboration three days a week with the flexibility to work from home two days a week.

Requirements

• High school diploma required.
• Minimum of 3-5 years of experience in mortgage operations.
• Strong knowledge of secondary market lending, pricing, and rate locks.
• Comprehensive understanding of mortgage closing, residential loan products, and post-closing file reviews across all channels.
• Knowledge of federal/state regulations, investor guidelines, and bank policies related to mortgage lending.
• Strong organizational and communication skills (verbal and written).
• Ability to thrive in a fast-paced, high-volume environment.
• Self-motivated and flexible to meet business needs.
• Proficient in LOS, AUS, and standard office software (word processing, spreadsheets, presentations).

Responsibilities

• Obtains closed loan packages from escrow agents.
• Completes post-closing file reviews to ensure data accuracy of loan file documentation, and follows up on missing, incomplete, or erroneous documents in a timely manner.
• Prepares, delivers, and tracks loan notes, mortgages, and recordings.
• Exports loan documentation images for all completed loan files to FIS Imaging Center.
• Completes and ensures the integrity of Home Mortgage Disclosure Act (HMDA) data for all loan pipelines.
• Maintains and distributes daily rate sheets for all loan channels and manages the internal pricing engine.
• Confirms portfolio, correspondent, broker, and investor rate locks, extensions, and repricing.
• Monitors correspondent pipeline. Imports and sets up loan files received for purchase.
• Manages investor pipeline to ensure files are prepared and shipped within required timelines.
• Receives and reconciles investor's purchase advice forms, processes purchase funding transactions and completes sales in the core system.

What This Job Offers

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