Loan Senior Post Closer

job description

posted thursday, june 18, 2026 at 10:00 am

title: home loan senior post closer
department:home loan operations
status:non-exempt

job code: 10019

pay range: $25.40 - $30.00 hourly

general description

the function of this position is to review closed loan files for documentation accuracy; and ensure closed loans are properly setup and shipped to investors, agencies, gses and/or sub-servicer for either loan purchase, insuring or servicing on a timely basis to meet commitment expiration or file delivery deadlines. In addition, ensure that loan files are purchased timely and accurately.

tasks, duties, functions

• complete post closing tasks:
  1) assign sub-servicer loan numbers to funded 1st mortgage loans,
  2) complete mers registration on funded 1st mortgage loans,
  3) link mortgage loans in teller navigator to member’s accounts for on-line viewing and access,
  4) complete mi documentation to setup mortgage insurance.
• obtain final settlement statement from escrow. Review final closing disclosures, make corrections as needed and issue post consummation closing disclosure if corrections are made.
• review the e-folder in encompass on recently closed loans to ensure that all required documents for the investors, agencies, gses and/or sub-servicer are contained in the e-folder and filed under the appropriate placeholder. Ensure required documents are complete and original note/riders and all trailing documents are obtained and stored in fireproof filing cabinet. Shred remaining paper loan documents.
• upload electronic files and send physical collateral packages to investors, agencies, gses and/or sub- servicer on recently closed loans for either loan purchase, insuring or servicing on a timely basis to meet commitment expiration or file delivery deadlines.
• upload loan data via gse loan delivery portals for loan purchase on a timely basis to meet loan delivery requirements and deadlines.
• send required documents and/or request shipment of required documents, including the note, to the applicable document custodian (gse, agency or golden
  1) timely to meet loan document delivery deadlines.
• clear suspense items and ensure loans are purchased and/or insured by applicable investors, agencies and gses.
• independently coordinate and complete monthly tena audits.
• work independently within mers systems to perform all required mers validations and functions, including reporting.
• assist management with new employee and new process training.
• assist with post closer file assignment as needed.
• proficient in processing transactions within host/datasafe as it pertains to home loans.
• reconcile purchase advices on investor purchased loans and research any credits or checks from investors, title companies and/or vendors for principal reductions, funding overages or fee overages and forward to appropriate accounting area.
• follow up and obtain outstanding funding conditions on closed loans. Provide updates to management on a regular basis.
• communicate and interact with title companies, member(s), management, loan officers, investors, gses, agencies and other third party service-related vendors. Identify, investigate and respond to requests and inquiries in a timely manner.
• maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.
• perform functions in accordance with golden 1’s performance competency standards
• perform additional duties as assigned by the manager.

physical skills, abilities, and exertion utilized in the performance of these tasks

• effective oral and written communication skills required to interact with members, staff, branches, counties, title companies, servicing, investor staff, vendors and other department staff.
• must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, personal computer, facsimile machine and telephone.

organizational contacts & relationships

• internal: credit union management and all levels of staff.
• external: members, title companies, escrow agents, real estate agents,…