Real Estate Post Closing Administrator

FreeStar Financial Credit Union

Sterling Heights, MI

JOB DETAILS
SALARY
$20–$26 Per Hour
SKILLS
Accounting, Administrative Skills, Bank Secrecy Act, Communication Skills, Computer Skills, Credit Union, Detail Oriented, Escrow, Fannie Mae (FNMA), Federal Housing Administration (FHA), Federal Laws and Regulations, File Maintenance, IRS (Internal Revenue Service), Insurance Documentation, Liens, Loan Closing, Loan Payoffs, Loan Servicing, Loans, Maintain Compliance, Microsoft Excel, Microsoft Word, Mortgage, Mortgage Lending, Mortgage Servicing, Post Closing, Property Tax, Quality Control, Real Estate, Record Keeping, Regulations, Residential Mortgages, Software Administration, Time Management, Typing
LOCATION
Sterling Heights, MI
POSTED
Today
Real Estate Post Closing Administrator

FreeStar Financial Credit Union is looking for a dynamic, and detail oriented professional to join our Loan Servicing Department. If you love to use your administrative and service skills to serve our members and maintain loan compliance, this couldbe the role for you!

Job Location: Sterling Heights Branch

Days: Monday thru Friday w/ occasional Saturdays

Hours: 8 AM - 5 PM

Salary: $20-$26/Hr

Benefits:

  • 3 weeks PTO available in the first year
  • 401k with up to a 6% match
  • Up to a 5% year-end bonus

Position Purpose:

The primary purpose of the Post-Closing Administrator is to assist FreeStar Financial Credit Union in fulfilling our mission positively by providing support to our Real Estate Lending department, and to provide superior service to our membership

What You'll Do As A Post-Closing Administrator:

Serves as an administrator in mortgage related software systems as well as FNMA, FHA, VA and other GSE's and Credit Union related delegations.

Ensure timely reporting for HMDA, FHA Certification, 1098 to Member, IRS Filing 1098, and Fannie 582 forms.

Disburse mortgages and transfer loans on to our mortgage servicing platform.

Process escrow analyses on a monthly basis.

Maintain escrow records for paid property taxes and insurance documentation.

Balance and reconcile daily Real Estate Lending general ledgers.

Process daily mortgage payments for Fannie Mae.

Responsible for answering and directing incoming phone inquiries from Servicing Queue.

Maintain a high level of communication with team members as well as responding to Credit Union Members.

Complete quality control pre-audit on all closed home loans to ensure accuracy and compliance.

Input all mortgages and maintain the mortgage tracking log for final title policy and lien recordings.

Maintain loan payoff information and process mortgage discharges promptly.

Maintain file retention and organization of loan files in file vault.

Cross train on department duties to assist as back up as required.

Assist with month-end board reports as requested by department leader.

Review and approve wires for purchases and refinances.

Review closing disclosures for processors as requested.

What You'll Bring To FreeStar Financial As a Post-Closer:

High School Diploma or equivalent.

Five years or more similar or related experience in the mortgage servicing field or accounting experience preferred.

Strong Computer skills including Microsoft Word and Excel.

Excellent typing skills.

Experience in Conventional, FHA and VA home loans is preferred.

Must have knowledge of various federal regulations and the responsibilities relating to each act of the following:

  • Right to Financial Privacy Act
  • Regulation C (Home Mortgage Disclosure Act – HMDA)
  • Regulation CC (Funds Availability)
  • Regulation ZZ (Truth in Lending)
  • Bank Secrecy Act (BSA)
  • SAFE Act

NMLS License

What You'll Get Working at FreeStar Financial As a Post-Closer:

Partner with a talented team helping to provide financial solutions to our members!

Be part of an environment where our service to each other is just as important as our service to our members!

A wonderful opportunity to expand your skillset and develop professionally!

Join a Credit Union culture that makes an impact in the community!

Join an organization which appreciates and promotes having balance in your life!

A competitive compensation structure which rewards the contributions of our team members!

About the Company

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FreeStar Financial Credit Union