Job Description

The Post Closing Insurer will focus on the timely submission of FHA/VA files to the agencies and also assist with Post Closing department functions as time permits.

PRIMARY FUNCTION:

GOVERNMENT INSURING DUTIES:

• Payment of FHA, VA, USDA and PMI fees

• Monitor FHA Connection daily for completion of UFMIP payment and uploading remittance and payment history to LOS System

• Prepare, audit and submit FHA case binders to appropriate HOC office

  • Perform Pre-endorsement review of binder

• Monitor FHA Connection daily for endorsing of FHA case number or any Notice of Returns

  • If NOR is received work on resolution so upon receipt of binder from FHA it can be updated and resubmitted.

  • If endorsed, upload MIC to LOS System

• Maintain master FHA insuring spreadsheet for internal and Corporate reporting

• Monitor FHA Connection LRS (Lender Reporting System) weekly for any deficiency notifications and Response Requests

  • Report any Response Requests to your Manager

  • Follow up with Manager to confirm response provided to HUD by a required date

EDUCATION AND EXPERIENCE

• The ideal candidate must have a minimum of 1 years of processing experience
• Demonstrates an understanding of mortgage processing, underwriting, closing and funding procedures
• Strong working knowledge of current Conventional, VA, FHA, USDA, and Non-QM guidelines