What are the responsibilities and job description for the Post Closing Specialist position at First Source Title?
- Experience: Entry level: 1 years of mortgage closing experience or 2-3 years of mortgage industry experience
Post-closing specialists are responsible for assembling, preparing, and reviewing/verifying documents for a loan closing while ensuring all applicable state, federal, and regulatory requirements are met. Post-closing specialists act as the final point of contact for all parties involved in a real estate closing transaction.
ESSENTIAL RESPONSIBILITIES & DUTIES:
- Prepare loan closing documents within ResWare.
- Manage a pipeline of conventional, portfolio, and USDA loans.
- Complete an accurate and compliant Closing Disclosure to be provided to the borrower within the TRID timing guideline requirements.
- Complete an accurate and compliant Closing Disclosure to be provided to the borrower within the TRID timing guideline requirements.
- Monitor the borrower’s receipt of the Closing Disclosure
- Ensure accuracy of documents sent to closing, including but not limited to borrower names, rate, term and loan type, first payment date, and escrow information.
- Review underwriting closing conditions to ensure salability of loan and adherence to the underwriting decision.
- Coordinate funding dates with accounting to ensure accuracy of loan disbursements.
OTHER DUTIES, KNOWLEDGE, SKILLS, ABILITIES:
- Effectively use Microsoft Office, ResWare, and other office equipment.
- Familiarity with residential mortgage loan documentation.
- Time-management; perform under pressure and meet deadlines.
- Strong conflict-resolution and communication.
- Customer-service focused.
- Remain detail-oriented while multitasking.
BENEFITS:
- Career growth opportunities
- Full Medical & Dental Insurance
- Paid Holidays
- Paid Vacation
- 401(k) matching program