21 Aug
|
Weekday AI
|
Maharashtra
21 Aug
Weekday AI
Maharashtra
This role is for one of the Weekday's clients
Salary range: Rs ****** - Rs ****** (ie INR 3-6.5 LPA)
Min Experience: 2 years
Location: Pune
JobType: full-time
The Mortgage Post-Closing Specialist is responsible for ensuring the accuracy, compliance, and salability of closed loan files prior to investor delivery. This role focuses on post-consummation review, regulatory compliance, exception management, and coordination across multiple mortgage operations teams to meet quality, SLA, and investor requirements.
Key Responsibilities
Post-Closing Operations
Review and validate closed loan packages for completeness, accuracy, signatures, and proper execution.
Reconcile Closing Disclosure (CD) against Loan Estimate (LE), ensuring tolerance accuracy, fee validation, and TRID compliance.
Perform compliance reviews aligned with federal regulations, investor guidelines, and internal policies.
Execute Pre-Purchase Reviews (PPR) to confirm loan salability and clear conditions prior to investor purchase.
Ensure accurate loan stacking, indexing, imaging, and delivery to investors and insurers (Fannie Mae, Freddie Mac, Ginnie Mae, and private investors).
Track and resolve post-consummation conditions, including final title policies, recorded deeds or deeds of trust, insurance documents, and NMLS disclosures.
Manage recording follow-ups, MERS registration updates, and collateral shipping as required.
Collaborate with Closing, Processing, Underwriting, Secondary Marketing, and Quality Control teams to resolve exceptions and cures.
Maintain turnaround time (TAT), service level agreements (SLAs), and quality metrics; prepare daily and weekly MIS reports and dashboards.
Quality & Compliance
Conduct TRID audits covering CD/LE timing, redisclosures, tolerance testing, and cures.
Identify, escalate, and remediate regulatory and investor compliance exceptions.
Support pre-funding and post-funding QC audits, including findings remediation and audit readiness.
Ensure adherence to information security, privacy, and data governance standards.
Process Excellence
Drive process standardization through checklists, SOP documentation, and continuous improvement initiatives.
Identify opportunities for automation and RPA to reduce manual effort and defects.
Mentor junior team members and support cross-training across mortgage operations functions.
Required Skills & Experience
Hands-on experience in mortgage post-closing, closing, and closing package validation.
Strong expertise in Closing Disclosure (CD) and Loan Estimate (LE) reconciliation.
In-depth knowledge of TRID regulations, including timing, tolerance testing, and cures.
Experience conducting Pre-Purchase Reviews (PPR) and meeting investor delivery requirements.
Familiarity with key mortgage documents, including:
Note, Deed / Deed of Trust
Final Title Policy
Appraisal
Initial CD / LE
Change of Circumstance
Right of Rescission (where applicable)
Homeowners Insurance (HOI), Taxes, PMI / MIP
Experience with LOS and document systems such as Encompass, Empower, Black Knight/ResWare, DocMagic, or DocuSign.
Solid analytical, documentation, and stakeholder communication skills.
Ability to manage SLAs, turnaround times, and high-volume workflows effectively.
Skills
Mortgage Post-Closing • TRID Compliance • CD/LE Reconciliation • Pre-Purchase Review (PPR) • Investor Delivery • Loan Documentation • LOS Systems
📌 Mortgage Post-Closing Specialist (Maharashtra)
🏢 Weekday AI
📍 Maharashtra