Loan Funder
At a glance
Location: US-CA-Irvine Map
Posted: 09/30/2020
Closing: 10/29/2020
Degree: Not Specified
Type: Full-Time
Experience: Not Specified
Job description
A leading mortgage company is seeking a talented Loan Closer/Funder for their closing department. You will understand and review loan documents as a closer. The Loan Closer will keep an open dialogue about loan files with customers. If you are looking to join a company that values result and integrity, this is a place for you.  

Key Responsibilities:

1. Review and prepare Loan Documents 
  • Prepare and review files for docs 
  • Review data input to assure loan document information is accurate for signing
  • Provide an accurate review to ensure compliance with Federal, State, Investor and company policies
  • Up to date with all compliance with Federal, State, Investor and company policies
  • Conventional, VA, & FHA loans
2. Provide and Sign-off Outstanding Funding Conditions
  • Complete funding review within the required turn time
  • Review outstanding funding conditions in a timely manner to make scheduled funding
  • Properly communicate and update applicable parties of funding status
  • Complete loan package for funding
  • Screen and/or protect documents for loan requirements
3. Resolve Discrepancies and Post-Closing-Closer
  • Communicate with applicable parties regarding loan closing and loan delivery
  • Deliver loan file to investor with no funding purchase suspense
  • Assist in resolving any purchase suspense issues required before investor lock expiration
4. Review TRID Compliance
  • Finalize Final Closing Disclosure and issue Post Consummation Closing Disclosure if required
  • Properly review Final Closing Disclosure to ensure RESPA Compliance and validate tolerance thresholds
  • Upload and complete system entries with Final Closing Disclosure
  • Retrieve correct principal reduction check and correct system entry if required
  • Complete and verify Uniform Closing Dataset (UCD) for loan delivery
  • Review all LE's & CD's for correspondent loans if applicable
  • Run compliance test for correspondent loans if applicable
5. Initiative
  • Identifies opportunities and issues, proactively acts and follows through on work activities to resolve or capitalize on them. 
6. Dependability
  • The quality of being able to be counted on or relied upon.
7. Problem Solving
  • Able to solve problems using logic, judgment and data to determine effective solutions
8. Customer Service
  • Refers to the ability to satisfy the expectations and requirements of customers, both internal and external. Displays courtesy and sensitivity and responds promptly to service requests. Identifies customer needs and explains services clearly.
 Professional Experience, Education, and Qualifications: 
  • 2 years related experience in mortgage as a Loan Closer
  • Must be knowledgeable in the guidelines and TRID
  • Excellent oral and written communication skills
  • Must be reliable
  • Attention to detail
  • Excellent computer skills
  • Ability to work independently
Company Perks: 
  • Competitive compensation reliant on ability & experience.
  • Excellent benefits package including multiple health, dental & vision options.
  • Company paid life and AD&D Insurance, as well as additional voluntary benefit possibilities.
  • 401K 
  • PTO days in addition to 8 paid company holidays.
  • Game room, Starbucks daily, resting room, nursing room and many more. 

We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job assignments are made without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, or any other protected classification. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
Loan Funder