What are the responsibilities and job description for the Senior Funder position at theLender?
Essential Job Functions
- Prepare legal documents according to state and/or federal regulations
- Draws final loan documents
- Ensure loans close in accordance with underwriter’s approval and thelender policies and procedures
- Prepare and orders wire transfers
- Validate fees and balance loans prior to ordering funds
- Work with title companies on loan scheduling, document delivery, final sign-off of HUD-1
- Assist in resolving issues at closing
- Prepare collateral files to Funding within required timeframes
- Review post-closing packages for accuracy and completeness
- Cure deficiencies
- Monitor locks expiration dates and notifies appropriate individuals- monitoring system lock changes
- Collaborate with other departments to facilitate the timely closing of loans.
- Meet performance requirements for volume, quality and timeliness
- Prioritize workflow to meet funding deadlines
- Maintain company service levels to provide appropriate turn times
- Interacts with Secondary Marketing, Wholesale, Retail, Accounting, Servicing, Shipping and Quality Control
- Maintains high degree of confidentiality
- Draw documents on a minimum of 5 loans daily
Essential Job Skills
- Two years minimum current residential mortgage closing experience required.
- Working knowledge of FHA/VA/USDA regulations and FNMA/FHLMC and investor underwriting guidelines
- Maintain working knowledge of all loan programs to ensure loans conform with program requirements through the loan process and to able to answer questions as needed
- Working knowledge of lending compliance and regulations
- Ability to identify and resolve problems in a timely manner
- Strong organizational and interpersonal skills
- Clear understanding of the implications of customer service
- Excellent verbal and written communication skills
- Strong attention to detail and accuracy
- Strong organizational and time management skills
- Ability to multi-task and work in a deadline driven environment
- Ability to work effectively in a team environment
- Effectively manage the pipeline to achieve targeted closing ratios
- Ability to work independently, handle detail and maintain confidentiality
- Strong pipeline management skills
- Knowledge of different loan types (e.g. conventional, Purchases, VA, IRRRL, FHA, etc.)
- Strong Customer Service skills/customer service oriented
Salary : $29 - $36