Mortgage Loan Post Closer II

United Community Bank; Blairsville (Indiana County); On-site; USD 25,000 - 33,000; Full time

Job summary

United Community Bank is seeking an Audit Specialist to verify that loans have closed in accordance with federal and state laws and investor requirements. The role involves following up with settlement agents, maintaining LOS records, and auditing files for investor delivery.

You will also document exceptions, prepare and deliver loan packages to investors, and correct issues raised by investors and QC reviews. Requires FNMA/FHLMC experience and proficiency with mortgage lending processes.

Qualifications

• Minimum two years of FNMA/FHLMC loan experience.
• Intermediate computer skills required.
• Encompass software experience preferred.
• General knowledge of all areas of mortgage lending.
• Must communicate effectively with attorneys and within UCB.
• Must stay focused and work well under pressure.
• Participation in compliance training including BSA/AML and related programs.

Responsibilities

• Follow up with settlement agents on incomplete or incorrect loan packages.
• Maintain current status of loan files in LOS system.
• Audit files to ensure receipt of required documentation for investor delivery.
• Document in LOS system any exception items with receipt and follow-up times.
• Prepare, image and deliver completed loan packages to investors for review and purchase.
• Respond to and correct investor-required conditions on loan files.
• Respond to and correct findings on quality control reviews.

Skills

FNMA/FHLMC loans

Computer skills

Mortgage lending knowledge

Tools

Encompass

Job description

Overview

Audit all legal documents on closed loans. Assure that loans have closed in accordance with federal and state law and with investor requirements. Ensure timely delivery and subsequent funding of closed loans.

What You’ll Do

• Follow up with settlement agents on incomplete or incorrect loan packages
• Maintain current status of loan files in LOS system
• Audit files according to departmental procedures to ensure receipt of required documentation to deliver loan file to investor
• Document in LOS system exception items requested, receipt of such items, date and time for follow up
• Prepare, image and deliver completed loan packages to investors for review and purchase
• Respond to and correct conditions required by the investor on individual loan files
• Respond to and correct findings on quality control reviews

Requirements For Success

EDUCATION AND EXPERIENCE REQUIREMENTS

• Minimum two years of experience with FNMA/FHLMC loans
• Intermediate computer skills required
• Encompass software experience preferred
• General knowledge of all areas of mortgage lending
• Must be able to communicate effectively and professionally with attorneys and within UCB
• Must be able to stay focused and work well under pressure
• Participate in all required compliance training, including Bank Secrecy Act/anti-money laundering training, as well as internal and external training programs, online training, meetings, and seminars/conferences, etc.

Conditions of Employment

• Must be able to pass a criminal background and credit check

FLSA Status:

Non-Exempt

SUPERVISORY RESPONSIBILITY

This position does not manage employees.

POSITION TYPE

This is a full-time position that requires schedule flexibility to work evenings and weekends as needed.

TRAVEL

This position requires up to 5% travel.

OTHER

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

Pay Range

USD $18.00 - USD $23.75 /Hr.