An established mortgage company in the Orange area has immediate need for an experienced Post Closing Shipper.
Verifies all mortgage documents are completed properly; prepares loan files for shipment by performing the following duties.
Inputs data into Loan Delivery for FNMA Loans and GNMA Loans.
Sends original notes to document custodian.
Tracks and monitors all locks with FNMA to ensure timely delivery.
Works the FNMA data discrepancy monthly in accordance with FNMA.
Handles all insuring of government loans.
Prepares loan files for shipment to multiple investors for purchase.
Transfers all Mortgage Electronic Registration System (MERS), Flood Certificates, Insurance and FHA Holdings on all loans sold to other investors.
Completes all requested FHA/VA audit requests at time of insuring.
Monitors MI and follows up; sends in lender paid checks.
Verifies all documents in the funding package have been completed properly when package is returned from the attorney.
Stays current on specific investor requirements for loan purchase.
Clears any outstanding conditions with investor to ensure loan is purchased.
Handles Federal Housing Administration (FHA) insurance cases, and ensures timely payment of Mortgage Insurance Premium (MIP), preparing case binders and FHA endorsement to issue Mortgage Insurance Certificate (MIC).
Provides Loan Administration with purchase advice and MIP payment information to ensure that income/charges are assigned to the appropriate cost centers.
Maintains well organized customer files (paper & Point files).
Ensures that proper Home Mortgage Disclosure Act (HMDA) reporting information is forwarded to Compliance Officer in a timely manner.
Works all monthly Post Close reports to provide investors with any outstanding trailing docs.
Pulls and works daily reports from MERS, validation of loan data and MIN status
High School Diploma or GED
At least 2 years mortgage loan experience; or equivalent combination of education and experience
Must know how to satisfy investor stipulations and how to stack files for investors
3+ years mortgage loan experience; or equivalent combination of education and experience
On Call Staffing Solutions, Inc. is an Equal Opportunity Employer – Minority/Female/Disability/Veterans