Mortgage Post-Closing Associate

Perl Mortgage is a leading national independent correspondent lender headquartered in Chicago, with over 200 employees company-wide, licensed in 27 states and growing nationally. Founded by Ken Perlmutter in 1994, PERL is now celebrating its second decade as one of Chicago’s most respected independent financial institutions. As a full-service lender, PERL has access to a wide range of loan products and consistently finds competitive rates and programs to fit the unique needs of our clients.

A Post-Closing Associate is responsible for clearing of post-closing suspense items to avoid pricing penalties and ensure the sale of loans to investors.

• Ability to obtain, review, and work investor specific suspense reports/deficiency reports for post-funding issues
• Ability to complete modifications and corrective documents to satisfy investor requirements for timely delivery to investors
• Runs daily reports to help identify aged loans not yet sold to the investor
• Assist or fill in for Post-Closing Reviewers and Shippers on an as needed basis
• Participate in weekly meetings to discuss post-closing suspense trends
• Ability to obtain, review and work investor specific suspense reports/deficiency reports for post-funding issues
• Ability to complete modifications and corrective documents to satisfy investor requirements for timely delivery to investors
• Runs daily reports to help identify aged loans not yet sold to the investor
• Assist or fill in for Post-Closing Reviewers and Shippers on an as needed basis
• Participate in weekly meetings to discuss post-closing suspense trends

Personal Traits / Competencies:

• Must possess strong organizational skills and be detail-oriented
• Must be able to meet established minimum daily expectations for this position
• Ability to complete time-sensitive tasks
• Communication with borrowers, investors, and third-party agents
• Demonstrated skills in verbal and written communication, effective listening, problem solving, and negotiating required
• Ability to work in a fast-paced environment and handle multiple files at one time
• Flexible and strong work ethic

Requirements:

• 1 to 3 years’ experience in the mortgage industry
• High School diploma or equivalent
• Ability to pick-up new systems and understand new websites quickly
• Familiarity with Microsoft Word, Outlook, Excel, and Adobe Acrobat
• Ability to scan, copy and fax documents
• General understanding of web searches and how to use town, county and state websites to obtain necessary info and documents
• Technical proficiency with loan production software (Encompass a plus) and Microsoft Office Suite