Post Closing Specialist

Summary:

• Location: Franklin, TN
• Hours: 8:00 AM–5:00 PM (Mon - Fri)

Responsibilities:

• Manage warehouse unpurchased loan pipelines.
• Obtain documentation to perfect loans for delivery to investors or insurance agencies.
• Clear investor or agency suspense conditions.
• Work with lenders, title companies, counties, and borrowers to resolve outstanding final documents and loan deficiencies.
• Manage the escrow holdback process.
• Perform compliance and ad hoc audits.
• Order property inspections for properties located in disaster areas.
• Resolve post-closing issues.
• Review and audit required closing documents from closing agents.
• Ensure all funding conditions have been satisfied, including reviewing and auditing original and final Closing Disclosures (CDs).
• Coordinate with closing agents and brokers to obtain missing closing documents.
• Follow up on final documents.
• Release funding numbers to closing agents after reviews and audits are completed.
• Complete daily assigned loan reviews and update systems for work carried over to the next day.
• Review both paper and electronic loan files.
• Work within the Empower loan origination system.

Requirements:

• Experience in post-closing.
• Experience with mortgage loan processing.
• Ability to review Closing Disclosure (CD).
• Experience in compliance audits.
• Experience in funding conditions review.
• Knowledge of loan documentation.
• Experience in final document follow-up.
• Management of escrow holdback.
• Investor suspense resolution skills.
• Experience with disaster inspections.

Preferred Skills:

• Experience with Government and Bond Loans.
• Familiarity with the Empower loan origination system.
• Understanding of post-closing documentation and mortgage terminology.
• Ability to review both paper and electronic loan files.
• Strong organizational, analytical, and communication skills.