Senior Post-Closing Processor

Fulton Bank • Virginia Beach, VA

3d • Hybrid

About The Position

Responsible for reviewing, auditing, and finalizing closed mortgage loan files to ensure compliance with investor and regulatory guidelines. This role ensures that all documents are complete, accurate, and properly executed before delivery to investors or custodians. Incumbents will be cross-trained across all departmental functions and will typically process loan documents with a higher level of complexity.

Requirements

• High School Diploma or equivalent. (Required)
• 3 or more years banking, mortgage lending, or post-closing. (Required)
• Ability to assume responsibility requiring independent judgement and work with limited instructions or supervision (Required)
• Strong knowledge of mortgage documents and investor guidelines (Fannie Mae, Freddie Mac, FHA, VA). (Required)
• Familiarity with LOS systems (e.g., Encompass) (Required)
• Excellent attention to detail and organizational skills (Required)

Nice To Haves

• High School Diploma or equivalent. Specialty: business administration. (Preferred)

Responsibilities

• Process more complex loan packages, provide support within all processing functions, advise and mentor junior staff and resolve escalated issues.
• Respond to investor suspense items and cure deficiencies promptly.
• Assists in preparing for investor audits and regulatory examinations by organizing and validating documentation and responding to audit findings.
• Scan and index all mortgage closing loan documents and trailing packages to create a retention file for all residential mortgage loans.
• Organize loan documents in accordance with investor and Fulton Bank requirements.
• Ensure all documents required are present and properly executed.
• Ensure all conditions on the final commitment are accounted for.
• Contact the settlement agent or branch for any missing documentation, as necessary.
• Upload and deliver mortgage file to designated investors for all loans in accordance with the commitment and delivery expiration dates.
• Deliver mortgage collateral documents to loan services for all loans in a timely fashion.
• Track and resolve post-closing document deficiencies
• Assist in preparing and submitting trailing documents
• Perform necessary functions to secure insurance from Housing and Urban Development, VA, and USDA on all government insured loans.

Benefits

• medical plans with prescription drug coverage
• flexible spending account or health savings account depending on the medical plan chosen
• dental and vision insurance
• life insurance
• 401(k) program with employer match
• Employee Stock Purchase Plan
• paid time off programs including holiday pay and paid volunteer time
• disability insurance coverage
• maternity and parental leave
• adoption assistance
• educational assistance
• a robust wellness program with financial incentives

What This Job Offers

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