Loan Funding Specialist

2 weeks ago


Anaheim, United States Carrington Wholesale Full time
Job Title: Loan Funder

Carrington Wholesale is seeking a highly skilled Loan Funder to join our team. As a Loan Funder, you will play a critical role in ensuring the smooth processing and funding of mortgage loans.

Responsibilities:
  • Review loan documents for completeness and accuracy, ensuring compliance with federal, state, and local laws, as well as company policies and procedures.
  • Work closely with Account Managers, Brokers, and Escrow companies to ensure timely loan funding.
  • Ensure quality and compliance of work, maintaining a thorough working knowledge of company and regulatory changes that affect the funding process.
  • Review signed loan documents for correct signatures, notary information, title reports, and escrow instructions.
  • Verify and prepare wire transfer instructions, as well as verifying loan amounts, fees, rates, discount points, broker rebates, and other funding amounts.
  • Input funding information into the loan system(s) and follow up with any post-closing issues that may arise.
Qualifications:
  • Any combination of education and experience equivalent to a bachelor's degree and an equivalent combination and/or experience that demonstrates a thorough knowledge of mortgage loan funding.
  • Two to four years of experience as a mortgage loan funder with multiple investors, loan products, and warehouse lines.
  • Excellent computer skills and working knowledge of Microsoft Office products.
  • Calyx Point, DataTrac, DU, LP, Doc Magic, and other AUS experience is preferred.
  • Title and Escrow experience would be helpful.

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