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Rapid Mortgage Company

Mortgage Loan Funder

Posted 20 Days Ago
Be an Early Applicant
Remote
Hiring Remotely in United States
Mid level
Remote
Hiring Remotely in United States
Mid level
The Mortgage Loan Funder prepares closing disclosures, coordinates with title companies, loan officers, and clients, ensuring compliance and meeting funding goals.
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Rapid Mortgage Company

Position:  Mortgage Loan Funder

Rapid Mortgage Company a leading financial services company dedicated to providing exceptional lending solutions to our clients. We are seeking a detail-oriented and experienced Mortgage Loan Funder to join our team.

General Job Information

The ideal candidate for this position has a strong eye for detail and a keen sense of accuracy in preparing and reconciling closing disclosures, preparing closing documents and ordering funds for closing. Effective time management is very important. Develop and maintain strong, positive relationships and communicate effectively with title companies, branch managers, loan officers, and processors. 

Be organized and be part of the Team. Must have flexible hours and be willing to work when work needs to be done. An ideal candidate takes their job seriously, is very organized and detail oriented, has good computer and great customer service skills and enjoys working in a positive Team environment.

Principal Responsibilities

Include but are not limited to:

  • Create accurate Closing Disclosures.
  • Obtain borrower, title company and Loan Officer approval.
  • Prepare and deliver on time closing package to settlement agent.
  • Order funds for closing.
  • Confirm funds receipt 24 hours before closing.
  • Field incoming calls and correspondence.
  • Enhance relationships with title companies, partners and clients.
  • Be responsible for duties as assigned.
  •  Review and clear Compliance Alert (Mavent) fails/warnings.
  • Clear Funding conditions.
  • Complete closing instructions for settlement agent.
  • Ensure compliance with federal, state, and investor regulations and guidelines.
  • Monitor and meet daily/monthly funding goals and deadlines.

Required Knowledge, Skills and Abilities:

  • Experience with a variety of loan products (Conventional, FHA, VA, USDA, DPA’s).
  • Must know Encompass.
  • Strong understanding of TRID regulations, CD balancing, and loan documentation.

Preferred Knowledge, Skills, and Abilities:

  •  Accurate data entry and good computer skills.
  • Strong communicator with interpersonal skills.
  • Strong collaboration and organization skills.
  • Positive attitude.
  • Ability to work under pressure and meet strict deadlines.
  • Sound judgment skills and prudent deductive reasoning skills.
  • High levels of integrity and a strong work ethic. 

Benefits:

  • Competitive salary
  • Health, dental, and vision insurance
  • Life insurance and LTD
  • Retirement plan
  • Paid time off and holidays
  • Opportunities for career development and advancement

Job Type: Full-time 

Location: Office is located in Cincinnati. Position can be fully remote.

Top Skills

Encompass

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