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.

General 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

Education and Experience

• 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

Skills and Qualifications

• Knowledge of paperless file environments and image software repository
• Excellent written, verbal, and interpersonal communication skills essential
• Strong attention to detail and the ability to efficiently and consistently produce accurate work
• Capable of multi-tasking and prioritizing work in a fast-paced environment with heavy volume of transactions, as well as able to meet and handle deadlines
• Solid organizational and problem-solving skills
• Proven aptitude to work in both a team and individual environment
• Proficiency with computer systems including MS Office (Word, Excel, and Outlook) and Internet Browsers

Job Type: Full-time

Pay: $50,000.00 - $55,000.00 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

Education:

• High school or equivalent (Required)

Experience:

• Fair Housing regulations: 1 year (Preferred)

Work Location: Hybrid remote in Fairfax, VA 22030

Salary : $50,000 - $55,000