Purchase Funder

3 weeks ago


Boca Raton, United States NQM Funding LLC Full time

NQM Funding, LLC aka Premier Mortgage Associates is a mortgage company with a 25-year history of helping people become new homeowners and refinancing others into a better financial situation. Serving clients needs is the core of our business. This basic principle of putting "the client first" is the reason we close loans based upon relationships, not leads. NQM Funding, LLC is not your typical mortgage company...and our clients appreciate that.

Our Corporate Office is looking to hire a Purchase Funder (remote).

Job Title: Purchase Funder

Reports To: Post-Closing Acquisitions Manager/Director of Acquisitions

FLSA Status: Non-Exempt

Department: Post-Closing

Division: Correspondent

Salary Range: $45K to $50K per year

Summary: To accurately review loan file and pay histories to establish correct Unpaid Principal Balances, Escrows, etc. for the purchase of loans from Correspondent Clients.

Duties and Responsibilities include the following.

  • Fund cleared correspondent loans ready for purchase.
  • Work collaboratively with internal counterparts and third parties to efficiently fund compliant saleable loans.
  • Review Pay History and loan documentation to accurately compute Purchase Advice and wires for Correspondent Channel.
  • Track Pipeline for new loans through wire completion to ensure wires are ordered accurately and compliantly.
  • Work with warehouses on loans requiring additionally documentation to wire or wire exception requests.
  • Work with Correspondent Clients regarding wire questions or concerns.
  • Work with Correspondent Clients and secondary Team for pricing reconciliation.
  • Other duties as assigned
Skills:
  • Critical thinking and problem-solving skills
  • Planning and organizing
  • Decision-making
  • Communication skill
  • Influencing and leading
  • Delegation
  • Negotiation
  • Conflict management
  • Adaptability
  • Stress tolerance
Education/Experience:

Degree: High School Diploma or Equivalent. Experience preferred.

NQM Funding, LLC offers the following benefits:
  • Medical Plan
  • Dental Plan
  • Vision Plan
  • GAP Insurance
  • Life Insurance paid by the company
  • Voluntary Life Insurance
  • 401K
  • Pet Insurance
  • Legal Shield/ID Shield


Equal Employment Opportunity:

NQM Funding, LLC management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.

NQM Funding, LLC will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

NQM Funding, LLC will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to NQM Funding, LLC.