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FM
First Merchants Bank
Mortgage Loan Post Closer
Career Insights for Real Estate Agent
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Based on Indiana data
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What they do
A Real Estate Agent works with clients to help them buy, sell or rent property. Works with and represents either a buyer or a seller in real estate transactions, and specializes in residential, commercial or other types of property. Offers clients up to date knowledge of local communities, real estate markets and prices. May be licensed to operate a real estate business.
$87,439 / year median in Indiana
+1% projected growth
Job Description
First Merchants Bank is seeking a Mortgage Loan Post Closer to join our team! This position will package closed loans for delivery to applicable investor in a complete and salable package. As part of this role you will: Organize and "stack" mortgage loan files for the applicable loan type. Review and validate loan file for completeness to eliminate/cure deficiencies. Prepare and assignments as needed. Update system with funding information. Validate HMDA information. Cure any and all deficiencies on a loan file. Analyze deficiency for accuracy. Determine if documentation to cure currently exists. Determine if alternate documentation to cure currently exists. Work with appropriate team member to cure deficiencies as needed. Work with the closing agent and/or customer to cure deficiencies as needed. Track and follow up on investor funding. Scan and deliver completed loan file to investor. In order to be successful in this position, we require the following: High school diploma or equivalent (GED). A minimum of one (1) year of mortgage loan processing, post production or related experience.