--- title: Post-Closing/Loan Trade description: Use the Post-Closing/Loan Trade tab to track boarding, shipping, trailing documents, mortgage assignments and loan sale exceptions. --- [Skip to content](https://help.lendingwise.com/knowledge/post-closing-loan-trade#main-content) English Show submenu for translations [Submit Ticket](https://help.lendingwise.com/knowledge/kb-tickets/new?hsLang=en) [Customer portal](https://help.lendingwise.com/tickets-view?hsLang=en) ![owl-Logo-1.png\]](https://help.lendingwise.com/hs-fs/hubfs/owl-Logo-1.png?width=43&height=46&name=owl-Logo-1.png) - [New Releases](https://lendingwise.releasenotes.io/) - [System Status](https://lendingwise.statuspage.io/) Open main navigation Close main navigation - [New Releases](https://lendingwise.releasenotes.io/) - [System Status](https://lendingwise.statuspage.io/) - English Show submenu for translations - [Submit Ticket](https://help.lendingwise.com/knowledge/kb-tickets/new) - [Customer portal](https://help.lendingwise.com/tickets-view) - Go to lendingwise.com Go to lendingwise.com Hello. How can we help you? - There are no suggestions because the search field is empty. 1. [LendingWise - Help Center](https://help.lendingwise.com/knowledge?hsLang=en) 2. [Using The Platform](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en) 3. [Inside a loan file](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#inside-a-loan-file) # Post-Closing/Loan Trade ## Track boarding, shipping, trailing documents, assignments and loan sale exceptions after closing. The Post-Closing/Loan Trade tab is a checklist for everything that happens to a loan file after closing: boarding the loan, shipping the closing package and collateral, tracking trailing documents like the recorded deed of trust and final title policy, mortgage assignments and allonges, and exceptions before and after a loan sale. Use it to see at a glance what's done, who did it and when, and what's still outstanding. Open the tab Open the loan file. In the menu on the left side of the loan file, under POST-CLOSE, click **Post-Closing/Loan Trade**. The tab has five sections: **Pre Boarding**, **Shipping**, **Trailing Documents**, **Mortgage Assignments** and **Loan Trade**. Click the arrow at the right of a section's title bar to collapse or expand it. Save your changes Fill in what you need, then click the blue **Save** button at the bottom right of the screen. It stays greyed out until you change something. One Save covers the whole tab. If you click another tab before saving, you'll be asked "Would you like to save the data before leaving this tab?" Click **YES** to keep your changes. Pre Boarding ![Pre Boarding section of the Post-Closing/Loan Trade tab with Yes/No document fields, comments, and Boarding Completed By and date](https://help.lendingwise.com/hs-fs/hubfs/01-pre-boarding.png?width=670&height=185&name=01-pre-boarding.png) 1. A Yes / No for each closing document you've received: Note, Settlement Statement (executed or final HUD), Property Tax Document, Loan Agreement, Flood Certification, First Payment Letter, Deed of Trust, Flood Insurance, Assignment of Mortgage 1 (AOM1), ACH, Hazard Insurance and ECommunication. 2. **Pre-Boarding Comments**: note anything missing, for example a document you're still waiting on. 3. **Boarding Completed By** and **Boarding Complete Date**: record who finished boarding and when. Shipping ![Shipping section with closing package and collateral shipping dates, tracking, custodian dates and Shipping Completed By](https://help.lendingwise.com/hs-fs/hubfs/02-shipping.png?width=670&height=181&name=02-shipping.png) 1. The closing package sent to HQ (date shipped, tracking, date received) and the collateral sent to the custodian (date shipped, tracking). 2. **Custodian Received Collateral Date** and **Custodian Cleared Collateral Date**. 3. **Shipping Completed By** and **Shipping Complete Date**, with Shipping Comments above them. Trailing Documents Track documents that come back after closing, in two parts: **Deed of Trust/Mortgage (DOT)** and **Final Title Policy (FTP)**. ![Trailing Documents section showing the Deed of Trust/Mortgage fields, delivery options and the add and remove record buttons](https://help.lendingwise.com/hs-fs/hubfs/03-trailing-documents-dot.png?width=670&height=189&name=03-trailing-documents-dot.png) 1. For the deed of trust: the dates the recorded document and its copy came back, the recording information, whether the copy went to the custodian by the **Lender** or the **Investor**, how it was delivered (**Email**, **Portal** or **Mail-in**), the tracking number, and whether a correction was requested. 2. Use the green **+** to add another DOT record, and the red **-** to remove one. The Final Title Policy part has the same kind of fields: requested, received and sent-to-custodian dates, source of delivery, who sent the copy, and whether a corrective policy was requested. Finish with Trailing Documents Comments, **Trailing Docs Completed By** and **Trailing Docs Complete Date**. Mortgage Assignments ![Mortgage Assignments section with Assignment Type, assignment dates, change history clock icons, add and remove buttons, and Allonge dates](https://help.lendingwise.com/hs-fs/hubfs/04-mortgage-assignments.png?width=670&height=253&name=04-mortgage-assignments.png) 1. **Assignment Type**: AOM 1, AOM 3, Corrective or Repurchase. Then record when the assignment was executed, sent for recording, recorded and sent to the custodian, how it was delivered, and who completed it. 2. The small clock icon next to each assignment field shows that field's change history (see below). 3. Use the green **+** to add another assignment record, and the red **-** to remove one. 4. **Allonge**: the dates Allonge 1 and Allonge 2 were executed, plus comments. ### See who changed an assignment field Click the clock icon next to an assignment field. A **Change Log** window shows each change with the Old Value, New Value, when it Changed and By whom. Click **Close** when you're done. ![Change Log window for an assignment field showing Old Value, New Value, Changed and By columns](https://help.lendingwise.com/hs-fs/hubfs/05-field-change-log.png?width=670&height=263&name=05-field-change-log.png) 1. One row for each saved change to that field. Loan Trade ![Loan Trade section with Pre-Sale Exceptions and Post-Sale Exceptions fields](https://help.lendingwise.com/hs-fs/hubfs/06-loan-trade-exceptions.png?width=670&height=290&name=06-loan-trade-exceptions.png) 1. **Pre-Sale Exceptions**: log a problem found before the loan is sold. Pick the exception type (DOT, FTP, Allonge 1, Allonge 2, AOM 1 or AOM 2), the date it was issued and the date it was sent to the investor, how it was delivered to the custodian, tracking, who completed it and a comment. 2. **Post-Sale Exceptions**: the same fields for problems found after the sale. Use the green **+** to log more than one exception, and the red **-** to remove one. Good to know - The "Completed By" lists show the employees assigned to the loan file. If someone's missing, check who's assigned on the Admin tab. - This tab tracks the post-closing work and any exceptions. It doesn't have fields for the buyer, trade date or sale price. - Filling in this tab doesn't change the loan's file status or its stage, so update those yourself (our recommendation). Questions? Email [helpdesk@lendingwise.com](mailto:helpdesk@lendingwise.com). - [Overview of LendingWise Platform](https://help.lendingwise.com/knowledge/overview-of-lendingwise-platform?hsLang=en#main-content) - [Training & Support](https://help.lendingwise.com/knowledge/overview-of-lendingwise-platform?hsLang=en#training-support) - [Privacy](https://help.lendingwise.com/knowledge/overview-of-lendingwise-platform?hsLang=en#privacy) - [CRM](https://help.lendingwise.com/knowledge/overview-of-lendingwise-platform?hsLang=en#crm) - [Website](https://help.lendingwise.com/knowledge/overview-of-lendingwise-platform?hsLang=en#website) - [Setting Up The Platform](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#main-content) - [Setting up Users and Permissions](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#setting-up-users-and-permissions) - [Main Platform Settings](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#main-platform-settings) - [Creating Your Loan Programs](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#creating-your-loan-programs) - [Setting Up a Webform](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#setting-up-a-webform) - [White Label Setup](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#white-label-setup) - [Website Template Setup](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#website-template-setup) - [Auto-Generate Docs](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#auto-generate-docs) - [Miscellaneous Setup Items](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#miscellaneous-setup-items) - [Setting up Users](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#setting-up-users) - [Email Templates](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#email-templates) - [Automations](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#automations) - [Importing Data](https://help.lendingwise.com/knowledge/setting-up-the-platform?hsLang=en#importing-data) - [Using The Platform](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#main-content) - [Using the dashboard](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#using-the-dashboard) - [Communications and Email](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#communications-and-email) - [Loan Origination](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#loan-origination) - [Inside a loan file](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#inside-a-loan-file) - [Running Reports & Exporting Data](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#running-reports-exporting-data) - [Loan Servicing](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#loan-servicing) - [Lender/Investor Marketplace](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#lender-investor-marketplace) - [CRM](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#crm) - [Integrations](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#integrations) - [Frequently Asked Questions](https://help.lendingwise.com/knowledge/frequently-asked-questions?hsLang=en#main-content) - [CRM](https://help.lendingwise.com/knowledge/frequently-asked-questions?hsLang=en#crm) - [LOS](https://help.lendingwise.com/knowledge/frequently-asked-questions?hsLang=en#los) - [Pricing Engine](https://help.lendingwise.com/knowledge/frequently-asked-questions?hsLang=en#pricing-engine) - [Website Template](https://help.lendingwise.com/knowledge/frequently-asked-questions?hsLang=en#website-template) - [Integrations](https://help.lendingwise.com/knowledge/frequently-asked-questions?hsLang=en#integrations) - [Marketing](https://help.lendingwise.com/knowledge/frequently-asked-questions?hsLang=en#marketing) - [Automations Emails and Communication](https://help.lendingwise.com/knowledge/frequently-asked-questions?hsLang=en#automations-emails-and-communication) - [Service and Support](https://help.lendingwise.com/knowledge/service-and-support?hsLang=en#main-content) - [Help Desk](https://help.lendingwise.com/knowledge/service-and-support?hsLang=en#help-desk) - [Managing your Subscription and Billing](https://help.lendingwise.com/knowledge/service-and-support?hsLang=en#managing-your-subscription-and-billing) - [Submit Ticket](https://help.lendingwise.com/knowledge/kb-tickets/new) - [Customer Portal](https://help.lendingwise.com/tickets-view) - [New Releases](https://lendingwise.releasenotes.io/) - [System Status](https://lendingwise.statuspage.io/) [![LendingWise Logo\_600x131](https://help.lendingwise.com/hs-fs/hubfs/LW%20logos/LendingWise%20Logo_600x131.jpg?width=366&height=80&name=LendingWise%20Logo_600x131.jpg "LendingWise Logo_600x131")](https://lendingwise.com) Copyright © 2025, LendingWise