GSE Closing Analyst

Department Overview 

The Closing department facilitates loan closings, coordinating with underwriting, producers, borrowers/clients and working closely with internal and external counsel to ensure smooth and efficient customer service. Closing is also responsible for ensuring compliance with investor legal requirements and exercising quality control over data provided to our investors as well as to internal groups, such as accounting, servicing, and asset management. 

The Impact You Will Have  

Provide closing support to the Closing Officers with a particular emphasis on data management, due diligence review, and document preparation.  Close assumptions, supplementals and vanilla agency loans under the supervision of a senior closing officer.  Support Delivery Management.  

Primary Responsibilities

• Manage receipt and review of due diligence items and ensure all necessary participants receive copies.   

• Track rate lock and closing special conditions.    

• Generate amortization schedules.  

• Prepare escrow analyses.  

• Assist with drafting commitments.  

• Generate accounting workbooks for review by Closing Officer and coordinate with Loan Funding and the warehouse lender to set loans up for funding.  

• Prepare reconciliation of application fee and third party costs.  

• Back up the closing analyst responsible for the preparation of income notices and the follow up on servicing set up issues.  

• Ensure that data in Salesforce is complete and accurate throughout the process.  

• Generate Midland HML within required timelines.  

• Ensure that documents needed within 48 hours for loan set up are received and placed in the Servicing Deliverables folder.  Follow up with counsel if documents are not received by required deadline.  

• Prepare C&D commitments and submissions on Fannie Mae deals.  

• Prepare Funding Express submissions on Fannie Mae deals and provide necessary information and back up support to the Early Funding Desk.  

• Review C&D and the final 4662 before submission of the loan for securitization to ensure accuracy and consistency.  

• Track and follow up on post closing requests from Fannie Mae and Freddie Mac.  

• Provide backup support to Delivery Management.  Assist with deliveries, Ginnie Mae pool set ups, investor communication, and the tracking and follow up on open post closing items.  

• Assist with the closing of HUD IRR deals.  

• Close assumptions, supplementals, and vanilla agency deals under the supervision of a senior closing officer.  

• Communicate and problem-solve daily with teammates, clients, vendors, and other stakeholders, often in combination with travel. 

• Perform other duties as assigned. 

• Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays. 

Education and Experience

• Bachelor’s Degree 

• 1+ years of experience in the corporate workforce 

 
Knowledge, Skills and Abilities 

• Ability to work as a part of a team, while providing a strong individual contribution. 

• Strong time management and organizational skills.   

• Strong written and oral communication skills.  

• Excellent judgment and dependability, including the ability to meet deadlines.  

• Strong teamwork and interpersonal skills.  

• Strong working ability with Microsoft Office applications, including Word, Excel and PowerPoint. 

• Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes. 

• Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders. 

#LI-NA1

#LI-Hybrid