Job Description
Job Type Full-time Description Post-Closing/Loan Delivery Specialist is responsible for ensuring the timely and accurate review of closing packages returned from settlement agents, scanning and indexing closing packages, delivering loans to Private investors, Agency GSE, FHA, VA and USDA, insuring Ginnie Mae loans MERS, Final Documents and construction builder acceptance and loan draw management. After one year as a Post-Closing/Loan Delivery Specialist, you know you are successful if you can do the following confidently and independently... Track, receive and process closing packages from settlement agents on Retail, Purchased loan closings. Follow up on any packages not returned within 48 hours. Prepare and send payoffs as required by Underwriting for HELOC loans. Scan and index closing packages in the eFolder in the LOS system of record; Encompass or Blue Sage. Ensure information is complete, timely, and accurate. Review all documents, checking signatures and data for accuracy, according to the Post Closing Checklist, and Document Checklist for servicing delivery. Communicate with appropriate teams and/or agencies/Title companies to ensure needed corrected documents are received in a timely manner. Includes tracking Final Documents. Monitor and communicate information from group email boxes. Prepare a complete collateral package to be forwarded to Merchants Bank of Indiana custodian. Prepare collateral releases for Merchants Premium Product (MPP Jumbo loans) and track receipt of collateral by TPO custodian Prepare and submit HUD binders, USDA packages, VA loans, Indiana Housing and other DPA loans to the appropriate agency for post- closing review and insuring/approval. Track MICs, VA Insuring and LNGs for any FHA, VA & USDA loans. Become knowledgeable with the process of delivering TPO (Third Party O