Mortgage Post Closer

The Mortgage Post-Closer is responsible for reviewing all mortgage documents to assure quality in delivering the complete loan package to the aggregators/GSE.The incumbent will be responsible to meet delivery deadlines in addition to clearing any suspense items needed for the loan to be sold.

How You Will Spend Your Time

• Monitor rate lock expiration dates to assure loans meet pricing delivery deadlines.
• Assemble, review and ship closed loan files to aggregators/GSE to meet all guidelines timely and accurately.
• Perform edits necessary to delivery files to the GSEs
• Work with closing agents, correspondents, custodians, and counties to obtain outstanding final docs and corrections as needed.
• Effectively communicate within the mortgage department of deadlines approaching, missing information and corrections that could affect the loan profitability and delivery of loan.
• Locate and deliver pertinent documents missing from original closing package and timely resolve any discrepancies to meet delivery requirements.
• Pay upfront premiums and prepare and send loan documents for government insuring.
• Monitor and gather aggregator/GSE suspense items for clear loan purchase.
• Reconcile purchase advice notices from the aggregators/GSE and update LOS.
• Follow up on trailing documents such as the final title policy and recorded security instrument to complete the loan file.
• Cross train to back-up other areas of the department.
• Perform other duties as required and assigned.

We're excited to talk with you if you have

• High School diploma or equivalent experience
• Mortgage industry relevant experience
• Effective business communication skills
• (both oral and written).
• Excellent time management and organizational skills.
• Excellent customer service skills.
• Strong math and analytical skills.
• Ability to work effectively with all levels of professionals including borrowers, attorneys, title companies, etc.
• Computer Literate; experience using all Microsoft Office Applications.
• Demonstrates understanding of the sense of urgency for delivery of files

Bonus points if you have

• Associate degree or equivalent college coursework
• 3 yrs. of recent mortgage
• Post-closing experience
• Experience with Encompass LOS.
• Demonstrates thorough understanding of investor requirements and automated delivery systems (FHA Connection, VA WebLGY, USDA Portal, MERS online)
• Demonstrates knowledge of FNMA, FHLMC, FHA and VA guidelines and documentation

Compensation Range

Minimum $38,910.00 - Maximum $90,090.00

The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more?

You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.

If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.

Salary : $38,910 - $90,090