Mortgage Loan Post Closer

POSITION SUMMARY

Delivers, funds, reviews, and balances real estate loans. Duties include uploading the loan documents to the electronic document storage system, recording proper mortgage documents, ordering, and reviewing final title work, completing quality control reviews, ensuring all the invoices are paid, delivering loan files to investors, boarding investor loans serviced by Magnifi Financial into servicing software, and balancing each loan file upon completion.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Delivers, funds and reviews portfolio real estate loans, secondary market real estate loans, including government sponsored programs, and home equity loans according to investor guidelines, Magnifi Financial policies, procedures, and state and federal regulations.
• Communicates with investors to ensure accuracy and completeness of loan file and follows up on status of purchase.
• Notifies Mortgage Loan Closer and Mortgage Loan Coordinator of any discrepancies found by investors in the loan file.
• Follows up and assures appropriate documentation will be received by investors within appropriate time periods.
• Uploads loan documents to electronic storage system.
• Boards investor loans to the servicing platform.
• Records mortgages, satisfactions, and subordinations for all real estate transactions.
• Perfects liens on titled property.
• Verifies all invoices related to the real estate transaction are paid and collected from the borrower at closing.
• Keeps abreast of rules, regulations and Magnifi Financial policy relating to mortgage loans.
• Maintains corporate assigned reports and participates in assigned projects.
• Shares knowledge to train other mortgage support team members.
• Updates and creates department procedures.
• Actively participates in community relations efforts to contribute to the mission and visibility of the Magnifi Financial.

EDUCATION AND EXPERIENCE

• Associates degree in a business-related field and two years of experience in a financial institution, preferably in mortgage operations; or equivalent knowledge and skills gained through a minimum of three years related work experience.

The Benefits

We are committed to investing in our team! Magnifi Financial offers benefits that help everyone achieve their full potential. Full-time employees are eligible for the following benefits (benefits with an asterisk are also available to eligible part-time positions):

• Opportunities for Training and Development *
• Leadership Development *
• Job Level Advancement (ability to move up in your position through training and development) *
• Tuition Reimbursement *
• 32 Hours Volunteer Paid Time Off *
• Paid Time Off - starting at 4 weeks per year for FT; prorated for PT *
• Medical
• Dental
• Vision
• Employer paid Life Insurance/AD&D
• Employer paid Disability Insurance
• Retirement Plan - Employer match up to 4%, eligible for annual profit sharing *
• Paid Parental Leave
• Bonus/Incentive Program
• Health and Wellness Programs *

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)