Corporate Mortgage Post Closer

Summary

The Mortgage Loan Post Closer boards loans onto Xperience, prepares and delivers closed loan files and related documentation to investors, and reconciles the purchase of the loan.

This is a corporate position that may be located at an available bank division in Coeur d'Alene,  entry rate for this position is $19.12 per hour (calculated for Coeur d'Alene, ).  to learn more about our bank divisions.
All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background.

• Board loan onto Xperience timely after loan funding.
• Creates client record on system, if needed.
• Books funding GL entries on system.
• Performs quality review after boarding to ensure accuracy.
• Activates MI certificates.
• Ensures MERS MIN is registered.

• Prepares and delivers closed loan files and related documentation to investor.
• Logs FHA appraisals.
• Insures/guarantees loans (FHA/VA/USDA).
• Ships file to investor and confirms receipt.

• Keeps track of files status with investor.
• Addresses loan files that have been suspended by the investor and works to clear suspended loans in a timely manner.

• Receives wire and purchase advice and reconciles purchase advice.
• Posts payoff GL entries on system.
• Ensures MERS MIN is transferred at loan purchase.
• Sends out notice of transfer to insurance company.
• Sends out notices of transfer to borrower(s).

• Receives and forwards final documents.
• Verifies the vesting on the Final Title matches the Recorded Security Instrument.

Required:

High School Diploma / GED

Required:

1 year general clerical or banking experience.
Beginner experience with computer applications (Microsoft Word, Excel, Outlook) and ability to learn additional applications.

Preferred:
1 year mortgage fulfillment or post closing experience.
Knowledge of FHA, VA, USDA, construction and conventional procedures.

Experience with loan platform software such as Encompass and ability to learn additional computer applications.
Core banking systems including GL's and reconciliation tracking.

• Ability to multi-task and handle complex tasks efficiently; strong organizational skills.
• Strong analytical skills.
• Strong attention to detail.
• Must be capable of regular, reliable, and timely attendance.
• Must interact calmly and professionally with a variety of people from diverse backgrounds at various levels within and outside the organization.
• Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by the due date.

Occasional travel required: less than 10 days per year by automobile (as driver and passenger), commercial airlines, rental vehicles and public transportation and to lodge in public facilities.

Environment:
Indoors, a climate‑controlled shared work area. Noise Level: Moderate noise; not extreme or excessive; within reasonable limits.
Lifting:
Sedentary work; exerting up to 10 pounds of force occasionally. Vision:
Close visual acuity to prepare and analyze data, view a computer terminal, and read print and handwritten materials.

• Balancing – Infrequent.
• Climbing – Infrequent.
• Crawling – Infrequent.
• Crouching – Infrequent.
• Feeling – Infrequent.
• Fingering – Daily.
• Grasping – Infrequent.
• Kneeling – Infrequent.
• Lifting – Infrequent.
• Pushing – Infrequent.
• Pulling – Infrequent.
• Repetitive Motion – Daily.
• Stooping – Infrequent.

Starting salary depends on relevant experience and may vary based on geographic location. We offer an extensive benefits package including medical, dental, vision, and life insurance; health savings account;
Employee Assistance Program; health rewards program; retirement savings plan (401(k) and Profit‑Sharing); short and long‑term disability; education and training benefits; and discounts on banking products and services. Paid Time Off accrues at .0745…