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Post closer skills for your resume and career

Updated January 8, 2025
2 min read
Post closer example skills
Below we've compiled a list of the most critical post closer skills. We ranked the top skills for post closers based on the percentage of resumes they appeared on. For example, 16.5% of post closer resumes contained loan packages as a skill. Continue reading to find out what skills a post closer needs to be successful in the workplace.

15 post closer skills for your resume and career

1. Loan Packages

Here's how post closers use loan packages:
  • Audited loan packages after closing to ensure completeness and accuracy.
  • Audit closed loan packages for federal guidelines and exceptions/requirements documentation.

2. Post-Closer

Here's how post closers use post-closer:
  • Supervised the Post Closing Department and trained all new employees for the post-closer position.
  • Mortgage Loan Post-Closer * Communicate with all involved parties to obtain documentation required to clear exceptions on loans.

3. FHA

The Federal Housing Administration (FHA) stands for a government agency in the United States that offers housing insurance to FHA-approved lenders who follow certain conditions.

Here's how post closers use fha:
  • Track missing FHA loan documents/collateral files and resolve collateral exceptions reported by investors.
  • Audit government Insurance Documents following specific FHA guidelines.

4. Va

Virtual assistants are the professionals who provide assistance for businesses virtually from remote areas. These individuals are hired by online businesses to perform management and administrative tasks of the company such as marketing, bookkeeping, and many other services. with virtual assistants, businesses can exist and work virtually without any need for a physical office.

Here's how post closers use va:
  • Check all closing packages for accuracy and ensure closing conditions are met for conventional conforming and non-conforming loans and FHA/VA loans.
  • Endorsed VA and HUD mortgage insurance, paid premiums and sent documents to proper personnel.

5. Escrow

An escrow refers to a third party who holds in their custody money or asset on behalf of other parties involved in a business transaction. Every month a lender deposits an escrow amount of the mortgage into another party's account and handles the insurance premiums plus the estate taxes.

Here's how post closers use escrow:
  • Designed instructional materials that enabled escrow personnel to properly identify HUD coding requirements, and disbursement processes.
  • Experienced with lender procedures including purchase contracts, escrow, insurance and other regulatory requirements.

6. Mers

Here's how post closers use mers:
  • Registered and transferred servicing rights of closed loans via MERS (Mortgage Electronic Registration System) to investors.
  • Average sell time 7 days --Other responsibility included keeping track of MERS transfers.

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7. USDA

Here's how post closers use usda:
  • Prepared and shipped all USDA insuring packages, including check for Guarantee Fee, to Guaranteed Rural Housing (GRH).
  • Underwrite and approve, deny or counter offer on all Conventional, Bond, USDA, VA and FHA Loans.

8. HUD-1

Here's how post closers use hud-1:
  • Reviewed Hud-1 or settlement statements for accuracy.
  • Interacted with lenders and brokers to prepare HUD-1 Settlement Statements and real estate closing documents according to lender and government guidelines.

9. Investor Guidelines

An investor guideline refers to general standards, strategies, and parameters relating to investments; the set guidelines get altered from time-to-time.

Here's how post closers use investor guidelines:
  • Reviewed completed closing file documents to ensure compliance with investor guidelines.
  • Perform preparation of warehousing/shipping packages within framework of Investor guidelines.

10. Settlement Statements

A settlement statement is a document that holds summaries of all the terms and conditions regarding a settlement. In the cases of a loan settlement statement, it fully discloses the terms of a loan and all details of the charges that a borrower needs to pay from a loan's interest.

Here's how post closers use settlement statements:
  • Prepared preliminary and final settlement statements, and all documents required for closings.
  • Balanced settlement statements and disbursed checks.

11. Title Policies

Here's how post closers use title policies:
  • Retrieved Final Title Policies/Recorded Mortgages from Title companies to update database.
  • Prepare and ensure that title policies are issued in accordance with closing instructions and policies are delivered to the appropriate parties.

12. Loan Applications

A loan application is a form of request presented by a person to a financial institution for the approval of a loan. This application form carries detailed information regarding the petitioner's identification information, financial competence, and sources of income that indicate whether he can return the loan back or not.

Here's how post closers use loan applications:
  • Reviewed loan applications for federal and state regulations, program eligibility, underwriting guidelines, etc.
  • Reviewed title reports, loan applications and appraisals to verify accuracy of information.

13. FNMA

Here's how post closers use fnma:
  • Process incoming loans from Closing reviewing to ensure company guidelines and FNMA rules and regulations were followed.
  • Audited loans purchased for GNMA, FNMA & FHLMC to ensure they meet their guidelines.

14. Mortgage Insurance

Here's how post closers use mortgage insurance:
  • Utilize thorough knowledge of title, appraisals, mortgage insurance, tax returns, trusts and powers of attorney.
  • Review of mortgage insurance documents for accuracy prior to delivery to county clerk for recording.

15. Government Loans

Here's how post closers use government loans:
  • Performed post-closing audits on conventional and government loans from correspondent lenders.
  • Submitted government loans to the Department of Housing & Urban Developments and the Veterans Administration for insuring and guaranty.
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List of post closer skills to add to your resume

Post closer skills

The most important skills for a post closer resume and required skills for a post closer to have include:

  • Loan Packages
  • Post-Closer
  • FHA
  • Va
  • Escrow
  • Mers
  • USDA
  • HUD-1
  • Investor Guidelines
  • Settlement Statements
  • Title Policies
  • Loan Applications
  • FNMA
  • Mortgage Insurance
  • Government Loans
  • Title Commitments
  • Computer System
  • FHLMC
  • RESPA
  • Bank Secrecy Act
  • Fannie MAE
  • HOA
  • TIL
  • Wire Transfers
  • Freddie Mac
  • Conventional Loans
  • AS400
  • Loan Closings
  • HMDA
  • Commercial Loans
  • Title Searches
  • Automated Underwriting
  • Real Estate Closings
  • Truth
  • GFE
  • Estoppel
  • REO
  • Lender Packages
  • Title Insurance Policies
  • FedEx
  • Calyx Point

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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