Job Abstract

The Loan Closer/Post-Closer supports the complete closing and post-closing functions of loans for the DC Housing Finance Agency’s Single Family Programs. Primary duties of the position include: settlement scheduling, obtaining/review final loan/closing conditions, preparation and transmittal of loan closing documents, and post-closing follow-up, scanning, filing and shipping, as necessary.

ESSENTIAL DUTIES AND RESPONSIBILITIES

· Monitor loan pipeline to ensure timely loan closing and post-closing for all Single Family Programs

· Coordinate closing dates with lenders and title companies

· Maintain closing calendar and reschedule settlements as needed

· Communicate with lenders regarding loan status, outstanding items and address questions

· Review final Closing Disclosure (CD) provided by lender and title company to ensure compliance

· Review closing documents including; title reports, termite reports, homeowner’s insurance, etc. for accuracy and acceptability prior to closing

· Upon final approval of loan, prepare and securely transmit closing documents to lender

· Submit loan funding requests to Agency’s Office of Financial Management and confirm funds have been sent for settlement

· Confirm receipt of complete and accurate post-closing executed document

· Perform post-closing duties for all Single Family Programs including; receipt of original executed closing documents and conditions, review and follow-up of required documents,

· Assist with clearing post-closing deficiencies required for loan purchase

· Ensure all documents are electronically scanned into system

· Ship closed loan files to appropriate investor as applicable

· Monitor and ensure rate lock and closing purchase deadlines are met

· Maintain borrower closing files, including monthly Continuing Eligibility Certifications

· Prepare final closing reports and other reports, as required

· Perform other duties as assigned

KNOWLEDGE AND QUALIFICATIONS

· High School Diploma required

· 3- 5 years mortgage related experience

· 3-5 years customer service experience

· Understanding of mortgage concepts, practices, and procedures

· Ability to pay strong attention to detail and excellent organizational skills

· Must be able to successfully and autonomously manage projects of a varied and complex nature

· Must possess strong working knowledge of all aspects of Microsoft Office Suite,

· Excellent communication skills; both verbal and written

· Ability to work proactively and operate accurately and efficiently in a fast-paced environment