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#1686

Downey, CA, USA

Pay Range

$23.34 - $35.02 per hour

Pay Range

$23.34 - $35.02 per hour

Position Type

Temporary

Job Description

The position will oversee and assure the Consumer Home Equity Lines of Credit and Residential Mortgage executed loan documents are reviewed, in detail, for accuracy, completeness and compliance. This position will work with various departments inside and outside the credit union, including Title Company, Compliance and County Recorder offices. To accomplish this, the Post-Loan Closing Specialist must comprehend & analyze loan documents, title policies and legal documents.

ESSENTIAL RESPONSIBILITIES:

+ Must be familiar with Mortgage loan documents such as the Deed of Trust, Loan Note and Title policies

+ Review commercial, consumer and Real Estate loan packages presented for booking and confirm all required loan documents, memos, waivers and good funds have been provided and are acceptable and compliant while completing the review checklist and addressing all issues in order for loan to be boarded to the Fiserve subservicing system

+ Update Document Status Reports indicating if the loan was booked or if errors need to be addressed. If the loan package is incomplete or incorrect, inform the loan closers and loan processors what’s needed so the loan can be booked and archived.

+ Follow up on missing documents with county recorders and title companies

+ Ability to recognize errors and request corrections with Real Estate Lending

+ Request missing loan endorsements from title company on Final Title policies

+ Prepare the file for scanning and final set-up and archiving of the collateral file .

+ Excellent organizational skills and time management is a must

+ File preparation for loan sales and assist loan delivery department with shipment of loan files

+ Continually work to update loan exceptions and forward exceptions as needed

+ Will assist in the creation, monitoring and distribution of the loan exception reports to the loan closing department staff and upper management

+ Will assist in the review of perfected collateral and review final title policy for all requirements based on the loan and collateral type

+ Participate in scheduled or unscheduled audits or projects specific to the loan closing process or department

+ Usually works with minimum supervision.

+ Other duties as assigned

EDUCATION and/or EXPERIENCE:

Mortgage loan document knowledge a must. Minimum 1-3 years’ experience. Working knowledge of Word and Excel. Must be able to input, extract, and read data. Must be able to read and write English. Broad knowledge of real estate and/or mortgage loan servicing experience. Must be detail oriented.

The pay range for this position is listed above. Our pay ranges are designed to allow for candidates with various levels of experience and skill to be considered, and to allow room for growth to be achieved in a role over time. Generally, new hire salary offers fall within the minimum to midpoint of a pay range for many candidates. Any offer extended to a candidate will be based upon their individual combination of experience, knowledge, skills, and education as well as internal equity.

Financial Partners Credit Union is an equal opportunity employer and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.