Mortgage Post Closer

Lafayette Federal Credit Union

Mortgage Post Closer at Lafayette Federal Credit Union responsible for quality control of servicing issues. Supporting investor loan sales and service while serving the community as a financial partner.

Posted 7/7/2026full-timeRockville • District of Columbia, Maryland, Virginia • 🇺🇸 United StatesMid-LevelSenior💰 $42,612 - $51,360 per yearWebsite

About the role

Key responsibilities & impact

Funding and Loan Boarding
Review funding packages to ensure all required documents, approvals, and closing conditions have been satisfied prior to releasing funds.
Verify funding authorization requirements, wire instructions, payoffs, and disbursement details for accuracy and completeness.
Coordinate with settlement agents, title companies, attorneys, and internal departments to resolve funding issues and facilitate timely loan closings.
Release loan proceeds in accordance with established policies, procedures, and funding authorities.
Ensure loans are accurately boarded to servicing and core systems.
Reconcile funding reports, disbursement records, and loan booking information to ensure accuracy.
Research and resolve funding discrepancies, balancing issues, and loan boarding exceptions.
Monitor loan files to support timely funding and minimize closing delays.
Post-Closing Review and Investor Delivery
Review closed loan packages for completeness, accuracy, proper execution, notarization, and compliance with investors, agency, and regulatory requirements.
Identify and clear post-closing deficiencies, missing documentation, trailing documents, and investor suspense conditions.
Prepare and deliver loan files to investors, warehouse banks, custodians, and servicing systems within established timeframes.
Monitor and track outstanding post-closing conditions to ensure timely resolution.
Review recorded documents, final title policies, collateral files, and related documentation for completeness and accuracy.
Maintain tracking systems to ensure accurate reporting of funded, purchased, and delivered loans.
Follow up with settlement agents, title companies, and recording offices regarding outstanding documents and recording status.
Compliance, Quality Control, and Risk Management
Ensure compliance with federal and state regulations, agency guidelines, investor requirements, and internal lending policies.
Perform quality control reviews to identify documentation deficiencies, data integrity issues, and compliance exceptions.
Register loans with MERS and complete transfers, assignments, and updates as required.
Assist with internal audits, external audits, examinations, and quality control reviews by providing requested documentation and responses.
Support HMDA, investor, and regulatory reporting requirements as assigned.
Maintain complete and accurate audit trails and loan documentation.

Requirements

What you’ll need

High School Diploma or equivalent required; Associate Degree in Business, Finance, Accounting, or a related field preferred.
Minimum of three (3) years of mortgage closing, funding, post-closing, shipping, investor delivery, or related mortgage operations experience required.
Experience working with Conventional, FHA, VA, USDA, Portfolio, Home Equity, and investor-delivered mortgage products preferred.
Experience with MERS registration, investor delivery, collateral documentation, loan boarding, and post-closing quality control processes preferred.
Proficiency with Loan Origination Systems (LOS), preferably Encompass, and Microsoft Office applications, including Outlook, Excel, and Word.
Strong knowledge of mortgage loan documentation, funding, post-closing, shipping, investor delivery, collateral management, and regulatory compliance requirements.
Working knowledge of federal and state mortgage lending regulations, agency guidelines, investor requirements, and MERS registration and transfer processes.

Benefits

Comp & perks

Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan)
Fully funded deductible (HMO Plan)
401k employer matching contribution
Income protection with life insurance, short and long-term disability
Paid time off, holiday leave & birthday leave
Educational assistance
Commuter benefits program and more!

ATS Keywords

✓ Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

Funding Package ReviewLoan BoardingDisbursement ReconciliationDocumentation AccuracyInvestor Delivery ProcessesCollateral ManagementQuality Control ReviewsData Integrity ManagementMortgage Loan DocumentationRegulatory Reporting

Soft Skills

Problem SolvingAttention to DetailCommunicationCollaborationTime Management