Post Closing Analyst

Job Summary
The Post Closing Analyst is responsible for handling post-closing mortgage loan document verification, analysis of investor suspense conditions, validating system data entry as compared to mortgage loan documents, and conducting follow-up document tracking with other departments and Title Companies to ensure a timely funding of the loan.

Responsibilities
•Manage a post-closing pipeline with multiple investors

•Review loans that have been suspended by investors, clearing conditions, and ensuring efficient loan sale

•Run, review and analyze DU, LPA and other AUS results to determine loan eligibility and documentation needs

•Communicate with investors and agencies regarding suspense items, timelines, and problem resolution

•Ensure timely resolution within 30 days of consummation for outstanding closing defects

•Work with Loan Officers, Processors, Underwriters, settlement agents etc., as needed

•Comply with documentation needs meeting specific investor requirements

•Use excellent communication skills to interact, support, articulate interpretation of a credit decision or suspense condition to staff and third parties

•Remain current on and adhere to all regulatory required training

•All other duties as assigned

Qualifications
•High school diploma or equivalent required; College degree preferred

•Basic knowledge of conventional, FHA, VA, USDA and bond program guidelines and requirements

•Basic knowledge of mortgage banking, underwriting, and closing policies and procedures

•Knowledge of basic mortgage forms and documents

•Experience with Encompass LOX is a plus

•Experience with FHA and VA insuring a plus

Job Type: Full-time

Pay: $40,000.00 - $50,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Referral program
• Vision insurance

Physical Setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Education:

• High school or equivalent (Required)

Experience:

• Fair Housing regulations: 1 year (Preferred)

Work Location: Hybrid remote in Fairfax, VA 22030

Salary : $40,000 - $50,000