What are the responsibilities and job description for the Funding Specialist position at Longbridge Financial?
Company Description
At Longbridge, we love seniors and we’re passionate about helping them unlock the power of one of their greatest assets—their home equity.
As a leading provider of home equity solutions for seniors, we’re committed to helping older homeowners make the most of what they’ve worked hard to build, so they can live the retirement they imagined.
And we don’t just do it well, we do it really well. With an “Excellent” rating on Trustpilot and over a thousand customer testimonials, we’ve earned a reputation for making it easy and stress-free to access home equity—with guidance every step of the way.
But it’s not just our customers who love us—our team does, too! We’ve been named a Great Place to Work® three years in a row because we believe that when people enjoy what they do and where they do it, everyone wins.
Why Longbridge?
At Longbridge, we don’t just offer jobs, we offer careers that grow with you. Here’s why you’ll love being part of our team:
- Grow With Us – We’re big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from within—because when you succeed, we all do.
- A Culture That Clicks – We work hard, but we have fun doing it! Whether it’s team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like “just work.”
- Benefits That Have Your Back – We’ve got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers.
If you’re looking for a place where your work truly makes a difference, we’d love to have you on board. Apply today and let’s do great things together!
Job Description
The Funding Specialist is responsible for the review of closing packages to ensure loans are fully compliant before initiating a wire to fund and/or purchase loans. This position is located in our Paramus, NJ Headquarters, this is not a remote role.
Primary Job Duties:
- Utilize checklist to complete pre-funding / pre-purchase review of closing documents
- Communicate with inside staff, loan officers, settlement agents and lenders to ensure loans are funded and purchased in a timely manner
- Determine all underwriting pre-funding and pre-purchase conditions have been satisfied
- Maintain data integrity of LOS fields
- Verify and balance wire amounts for daily reconciliation
- Coordinate with settlement agents to ensure loans are fully disbursed
Qualifications
- High School diploma or GED required
- Precise attention to detail
- Strong time management skills, along with the ability to multitask
- Must be able to work independently and part of a team
- Excellent communication and customer service skills
- Skilled in the use of personal computers and related software applications, specifically Internet Explorer, Microsoft Outlook, Microsoft Excel and Word
- The ability to work in office Monday - Friday
Additional Information
- Working in a growing and dynamic industry
- Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
- 401(k) with company match
- Paid time off
- This is a non exempt role
- Target base salary range is 42 - 45K; which is based on various factors including skills and work experience.
- In addition to base salary, this role is eligible for a competitive additional compensation program via monthly production bonus that is based on individual performance.
- LBF is an EEO/AA/Vet/Disabled Employer
- Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.
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