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Job 25895


Location:


Job Title:
Post Closing Shipper (City of Orange)

Employment:
Temp To Hire

Description:
An established mortgage company in the Orange area has immediate need for an experienced Post Closing Shipper.    

Summary

Verifies all mortgage documents are completed properly; prepares loan files for shipment by performing the following duties.

Responsibilities:

  • 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

Basic Qualifications:

  • 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

Preferred Qualifications:

  • 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

 



Minimum Years of Experience:
3




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