This posting will be used to fill 2 positions.
Are you looking for a purpose-driven career, not just the same old 9 to 5? One that gives you a reason to come to work beyond just receiving a paycheck? Look no further! The SC Housing Finance and Development Authority (SC Housing) is actively searching for a Post-Closing Specialist to complete our Mortgage Production Team!
Why join SC Housing?
We know our employees work hard, so we work hard to encourage a culture that promotes work-life balance, well-being and employee engagement/recognition. We are a forward-thinking organization that is committed to changing lives by creating safe, decent, and affordable housing opportunities that fulfill dreams and inspire hope in our citizens. Our staff energizes the work that we do and helps find solutions that make a difference in the lives of others. If you want to be part of an organization that allows you to connect your passion for improving the lives of others to purpose, we invite you to join our team of housing champions!
What will you do?
Under limited supervision you will perform support tasks related to the reservation, processing, review, approval/denial and purchase of mortgage loans by SC Housing in our Single-Family Homeownership Programs. In this role you will:
- Complete prefunding review and audit of closed mortgage loan files delivered to SC Housing for purchase.
- Ensure compliance with applicable program and insurer requirements.
- Ensure all regulatory compliance documentation is included and executed in accordance with state and federal requirements.
- Validate final loan pricing prior to loan purchase, to include assessing fees for late delivery and documenting deficiencies and extensions.
- Approve eligible loans for purchase.
- Complete daily posting and updates to single-family mortgage program rates via the lender portal.
- Provide direct support to the pricing desk by fulfilling initial, re-lock, extension and lock change requests.
- Monitor the weekly purchase and monthly settlement gain on sale calculations of loans delivered to the agency by our lending partners.
- Carry out all lock desk duties according to agency policies and procedures.
- Prepare and reconcile production and allocation data weekly for reporting to management and external partners.
- Monitor lender performance and communicate recommendations for process improvements and training.
- Stay abreast of industry changes, monitoring and participating in available training for continued development.
