Post Closer at Orchard | Powderkeg

About Orchard

Orchard is radically simplifying the way people buy and sell their homes. For the average American, the home purchase and sale process takes months, creates anxiety, and is filled with uncertainty and hassle. Orchard has reimagined the end-to-end experience of buying and selling, from innovative home search tools to find the perfect home to the ability to buy a new home before selling your current one. Orchard customers manage the entire experience through a personalized online dashboard, while also getting the support of best-in-class Orchard real estate agents. 

Headquartered in New York City with offices in Austin, Denver and Atlanta, and team members across the US, Orchard has over 800 employees and growing. We've recently raised $100 million in Series D funding at a valuation over $1 billion and have financing from top-tier investors including Revolution, Firstmark, Accomplice, Navitas and Juxtapose. Our investors have also backed the likes of Pinterest, AirBnb, Shopify and Sweetgreen. We're proud to be recognized by Glassdoor, Inc. Magazine, Fast Company and Forbes on their lists of best places to work.

About the Role

Orchard is looking for a closer who will be primarily responsible for our docs and funding processes. 

What You’ll Do Here: 

  • Expedite the clearing and curing of loan document deficiencies.
  • Confirm, communicate, and clear salability issues on closed loans, for sale on the Secondary Market, in a timely manner.
  • Track pipeline for funded loans ready for investor delivery.
  • Balance purchase advice from investor 
  • Review, package and ship required loan documents to Investors for purchase review: Fannie Mae, Freddie Mac and other Government Agencies and Private Investors.
  • Insure loans with FHA, VA and USDA.
  • Perform daily reporting on status of shipped loans and update loan origination system to ensure accurate daily reports.
  • Prepare and send correspondence, including goodbye letters to customers once loans are sold to Investors.
  • Prepare loans for shipping based on investor/agency requirements.
  • Ensure files are complete and accurate based on investor and program guidelines.
  • Direct department communication for missing or inaccurate documents.
  • Complete electronic and hard copy shipment of loans within required timeframe.
  • Perform daily MERS functions, registrations, transfers, and min reconciliations to identify errors and ensure timely corrections.

We’d love to hear from you if you have: 

  • 1+ years of post-closing and shipping experience.
  • 1+ years of Freddie Mac Loan Selling and Fannie Mae Loan Delivery experience.
  • Knowledge of FHA, VA and USDA guidelines.
  • Ability to maintain a knowledge of lending guidelines, investor programs, industry requirements, and industry changes.
  • Excellent written and verbal communication 
  • Ability to thrive in a fast paced team oriented environment

#LI-DE1

Orchard is proud to be an equal opportunity employer. We provide employment opportunities without regard to age, race, color, ancestry, national origin, religion, disability, sex, gender identity or expression, sexual orientation, veteran status, or any other protected status in accordance with applicable law.

Job Summary
  • Job Title
    Post Closer
  • Company
    Orchard
  • Location
    N/A
  • Employment Type
    Full time
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