Single Family Loan Closer / Post-Closer

District Of Columbia Housing Finance Agency Washington, DC
The Loan Processor supports the processing and closing of loans for the DC Housing Finance Agency's Single Family Programs. Primary duties of the position include: application intake, screening, review and initial eligibility determination, submission to underwriter, preparation and transmittal of loan closing documents, and post-closing follow-up.

Essential Duties & Responsibilities:

* Monitor loan pipeline to ensure timely loan closing and post-closing for all Single Family Programs

* Coordinate closing dates with lenders and title companies

* Maintain closing calendar and reschedule settlements as needed

* Communicate with lenders regarding loan status, outstanding items and address questions

* Review final Closing Disclosure (CD) provided by lender and title company to ensure compliance

* Review closing documents including; title reports, termite reports, homeowner's insurance, etc. for accuracy and acceptability prior to closing

* Upon final approval of loan, prepare and securely transmit closing documents to lender

* Submit loan funding requests to Agency's Office of Financial Management and confirm funds have been sent for settlement

* Confirm receipt of complete and accurate post-closing executed document

* Perform post-closing duties for all Single Family Programs including; receipt of original executed closing documents and conditions, review and follow-up of required documents,

* Assist with clearing post-closing deficiencies required for loan purchase

* Ensure all documents are electronically scanned into system

* Ship closed loan files to appropriate investor as applicable

* Monitor and ensure rate lock and closing purchase deadlines are met

* Maintain borrower closing files, including monthly Continuing Eligibility Certifications

* Prepare final closing reports and other reports, as required

* Perform other duties as assigned

Knowledge and Other Qualifications:

* High School Diploma required

* 3- 5 years mortgage related experience

* 3-5 years customer service experience

* Understanding of mortgage concepts, practices, and procedures

* Ability to pay strong attention to detail and excellent organizational skills

* Must be able to successfully and autonomously manage projects of a varied and complex nature

* Must possess strong working knowledge of all aspects of Microsoft Office Suite,

* Excellent communication skills; both verbal and written