Government Insuring Specialist

Job Description

I. JOB SUMMARY:

Under the direction of the Post-Closing Manager, reviews and submits FHA and VA loan files for insuring or guarantee.

II. DUTIES & RESPONSIBLITIES:

• Reviews for completion, a minimum of 10 assigned loan files per day and submits completed files for insuring/guarantee.
• Updates the government insuring exceptions log with regard to incomplete files and notifies appropriate party as to the documentation required for completion.
• Reviews and clears documentation received on incomplete loans.
• Corrects deficiencies and communicates with appropriate government agency to resolve issues.
• Processes principal reduction payments collected at closing prior to insuring or guarantee.
• Insures FHA loans online by updating FHA Connection and completing the appropriate insuring screens.
• Guarantees VA loans online by updating the VA portal and completing the appropriate screens.
• Reviews loans through FHA Connection to determine which files require a binder per HUD request.
• Submits FHA binder selections within the required timeframe, including audits, when appropriate.
• Submits loan note guarantees on USDA loans to the appropriate investor.
• Requests checks from accounting for USDA insuring; Sends check and package to the appropriate USDA office for insuring.
• Scans insuring follow-up documentation into XDocs.
• Maintains a professional image and adheres to standards consistent with company policies and procedures.
• Performs other duties as assigned.

III. JOB REQUIREMENTS:

• High school diploma or equivalent.
• Minimum of 2 years related mortgage experience, required.
• Excellent communication skills, both verbal and written.
• Ability to meet deadlines.
• Team player
• Ability to adapt quickly to a rapidly changing environment.
• Exhibit excellent PC skills.
• Demonstrated excellent analytical skills with an attention to detail.
• Display excellent time management, organizational and problem-solving skills.
• Demonstrated ability to perform a number of complex tasks simultaneously and effectively.
• Must be able to work regularly scheduled hours, arriving at scheduled reporting time and at the prescribed time after any breaks or lunch periods.
• Must be able to work overtime on short notice, as required.

DISCLAIMER: The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the company.