What are the responsibilities and job description for the Mortgage Post Closer position at 1st Advantage Federal Credit Union?
Yorktown, Virginia
1st Advantage Federal Credit Union is currently seeking a full-time Mortgage Post Closer to support our Mortgage Department. Scheduled hours will be 40 hours per week between the hours of 8:30 a.m. to 5:00 p.m. Monday through Friday.
The Mortgage Post Closer will review closed mortgage, home equity and business loan file documentation within established time frames and in accordance with applicable investor guidelines and government regulations. The role also tracks, obtains and reviews trailing documents to ensure timely receipt. The Mortgage Post closer works with internal staff and third-party vendors to obtain missing documentation, correcting any identified errors, and ensuring the proper stacking order of document for imaging and the scanning of files.
1st Advantage Federal Credit Union has been serving members in the Hampton Roads community since 1951. We provide financial products and services that help members get ahead, while volunteering our time and resources to civic organizations and nonprofits that share our mission to improve life for each other. Be part of something special. Join 1st Advantage as a colleague and support our community members.
We offer market competitive compensation and a generous benefit package
Mortgage Post Closer Essential Functions & Responsibilities
Experience One year to three years of similar or related experience.
Education (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).
Interpersonal Skills Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills
Talking - Effective verbal communication to convey and acknowledge receiving detailed or important instructions accurately, loudly, or quickly.
Average Hearing - Able to hear average or normal conversations and receive ordinary information to communicate effectively.
Finger Dexterity - Using primarily just fingers to make small movements such as typing, picking up small objects, or pinching fingers together to use office equipment such as phones, computers, scanners, and other office machinery.
Repetitive Motion - Movements frequently and regularly required using the wrists, hands, and/or fingers.
Average Visual Abilities - Average, ordinary visual acuity necessary to prepare and inspect documents, read email and computer screens, and operate office machinery.
Physical Strength - Sedentary work; sitting most of the time. Exerts up to 25lbs. of force occasionally (Almost all office jobs).
Reaching and Stretching: Reaching and stretching, below the shoulders, to access files, checks, documents, or office equipment on and across shelves, counters, and desks.
Work Environment Standard office work environment
This Job Description is not a complete statement of all duties and responsibilities comprising this position.
Offers of employment are contingent on a satisfactory criminal background and credit history check.
EOE/AA/M/F/Disability/Vet
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.
1st Advantage Federal Credit Union is currently seeking a full-time Mortgage Post Closer to support our Mortgage Department. Scheduled hours will be 40 hours per week between the hours of 8:30 a.m. to 5:00 p.m. Monday through Friday.
The Mortgage Post Closer will review closed mortgage, home equity and business loan file documentation within established time frames and in accordance with applicable investor guidelines and government regulations. The role also tracks, obtains and reviews trailing documents to ensure timely receipt. The Mortgage Post closer works with internal staff and third-party vendors to obtain missing documentation, correcting any identified errors, and ensuring the proper stacking order of document for imaging and the scanning of files.
1st Advantage Federal Credit Union has been serving members in the Hampton Roads community since 1951. We provide financial products and services that help members get ahead, while volunteering our time and resources to civic organizations and nonprofits that share our mission to improve life for each other. Be part of something special. Join 1st Advantage as a colleague and support our community members.
We offer market competitive compensation and a generous benefit package
- Dollar-for-dollar matching 401(k) plan to 4% of earnings.
- Choice of three medical plans
- Flexible Spending Accounts
- Health Savings Accounts
- Choice of two Dental plans
- Vision
- Basic Life & AD/D Insurance - no cost
- Optional additional life insurance for colleagues, spouses, and children
- Long-term Disability Insurance - no cost
- Short-term Disability Insurance - no cost
- Employee Assistance Program - no cost
- Critical Illness, Accident, and Hospital Indemnity Plans
- Generous paid time off accrual program
- 11 Paid holidays
- Pre-paid legal services
- Pet Insurance
- Discounts on consumer loans and mortgages, increases on savings products, and much more!
Mortgage Post Closer Essential Functions & Responsibilities
- Prepare electronic files with specific loan documents to be delivered to servicer.
- Reviews all closed loan documentation for accuracy and compliance, completes stacking order checklist and all scanning of mortgage files.
- Maintain monthly closed loan reports for first mortgages, home equities and business loans.
- Submits Deed of Trusts for electronic recording. Tracks documents mailed to recording offices for timely receipt of recorded documents. Back up for submitting Certificate of Satisfactions electronically when needed.
- Coordinate the funding of all first mortgages, funds, and posts all home equities and business loans.
- Process, reconcile and pay all outstanding invoices and purchase and funding advice on loans from Lenders Select.
- Performs other duties as assigned.
- Timely review, stacking and scanning of closed mortgages, home equities and business loans.
- Maintain monthly closed loan reports for first mortgages, home equities and business loans.
- Submitting Deed of Trusts for electronica recording.
- Electronically submit completed files to Midwest within 10 days of receipt from Lenders Select.
- Payments of applicable invoices; fundings for all mortgages, home equity and business loans.
Experience One year to three years of similar or related experience.
Education (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).
Interpersonal Skills Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills
Talking - Effective verbal communication to convey and acknowledge receiving detailed or important instructions accurately, loudly, or quickly.
Average Hearing - Able to hear average or normal conversations and receive ordinary information to communicate effectively.
Finger Dexterity - Using primarily just fingers to make small movements such as typing, picking up small objects, or pinching fingers together to use office equipment such as phones, computers, scanners, and other office machinery.
Repetitive Motion - Movements frequently and regularly required using the wrists, hands, and/or fingers.
Average Visual Abilities - Average, ordinary visual acuity necessary to prepare and inspect documents, read email and computer screens, and operate office machinery.
Physical Strength - Sedentary work; sitting most of the time. Exerts up to 25lbs. of force occasionally (Almost all office jobs).
Reaching and Stretching: Reaching and stretching, below the shoulders, to access files, checks, documents, or office equipment on and across shelves, counters, and desks.
Work Environment Standard office work environment
This Job Description is not a complete statement of all duties and responsibilities comprising this position.
Offers of employment are contingent on a satisfactory criminal background and credit history check.
EOE/AA/M/F/Disability/Vet
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.
