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Purchase Clearing Specialist, Post Closing

Company: Nationwide Mortgage Bankers, Inc.
Location: Melville
Posted on: May 3, 2021

Job Description:

Nationwide Mortgage Bankers was named the Fastest Growing Private Mortgage Bank on the East Coast by INC and the #1 Ranked Mortgage Company in the Small & Medium category of the 2020 Best Workplaces in Financial Services & Insurance by Fortune and Great Place to Work

Join a winning team and take your career to the next level.

Nationwide Mortgage Bankers, Inc

NMLS: 819382

NMB currently seeks top talent for Mortgage Post Closers

Essential Job Function

Nationwide Mortgage Banker's Post Closers satisfy any and all investor suspensions/conditions to ensure timely purchase of all loans.

Principal Responsibilities include:

  • Generate/Pull Active Mortgage Loan Pipeline Report for complete overview of loan statuses.
  • Prioritize workload by reviewing aging loans first and escalating if necessary.
  • Review warehouse bank reports for various information needed for investors.
  • Review conditions from investor and determine validity of stipulations.
  • Communicate with borrowers, internal departments, title/settlement agents, investors, and warehouse banks for missing documentation and status updates.
  • Escalate any denials or exception requests to manager for review/approval/resale.
  • Submit satisfactory conditions via investor websites for their review, approval, and purchase of loan.
  • Assist Mortgage Loan Shippers when needed/end of the month.
  • Assist with Post Purchase Conditions from investors (after sale of loan) to cure any open/new deficiencies found.

Knowledge, Skills and Abilities include:

  • Knowledge of Microsoft Office, Correspondent Investors, Encompass, FHA Connection, USDA Portal, VA WebLGY, MERs online.
  • Must be organized and diligent when reviewing documents/following up with requests.
  • Adaptable to change due to ever changing mortgage industry standards.
  • Strong written & verbal communication skills.
  • Must take initiative and be solution oriented.


  • Minimum of High School Diploma, College degree a plus
  • Minimum of 3-5 years in the Mortgage Industry, 2 years recent in Mortgage Operations
  • Familiar with Conventional, FHA, USDA, and VA, guidelines
  • Experience delivering loans to Fannie Mae and Freddie Mac required

Nationwide Mortgage Bankers, Inc. is an Equal Opportunity Employer. Our Company does not and will not discriminate in our employment and staffing practices on the basis of race, age, disability, gender, sexual orientation, nationality or any other basis prohibited by law.

Job Type: Full-time

Keywords: Nationwide Mortgage Bankers, Inc., New Haven , Purchase Clearing Specialist, Post Closing, Other , Melville, Connecticut

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