Funding Coordinator II

Finance of AmericaTulsa, OK
4d

About The Position

Finance of America helps homeowners 55+ access the equity they’ve built while staying in full control of their home and their financial future. Through a range of reverse mortgage solutions, we help customers shape the retirement they’ve earned while continuing to evolve how we serve and work together. Joining Finance of America now means stepping into a period of momentum and growth, with teams actively shaping what comes next and opportunities to make an impact and grow your career. To learn more about us, visit www.financeofamerica.com EXPECTATIONS Responsible for setting up purchase wire notification to be verified by internal wire verification specialist prior to sending a wire request to the designated warehouse lender Accurate documentation of loan details Position includes processing duties which can include reviewing each loan to ensure that it is compliant with company policy while understanding workings of FHAC Responsible for conducting research to verify that the company proceeds were deducted or set up correctly at the time of funding Will be responsible for prioritizing a large pipeline of loans as well as working and communicating with Title Agents and Brokers to ensure outstanding conditions are satisfied prior to disbursement Ensure system data corresponds to document data and product guidelines Perform other duties as assigned

Requirements

  • At least 1 year of experience mortgage banking or loan processing preferred
  • Ability to communicate with internal and external parties to obtain pertinent information
  • Knowledge and application of some underwriting policies and procedures is necessary
  • Prior experience working with automated Loan Origination Systems
  • Proficiency with Microsoft Office
  • Current knowledge of industry guidelines and procedures as well as federal, state and local regulations
  • Knowledge of mortgage banking
  • Self-motivated
  • Analytical skills
  • Detail oriented
  • Highly organized
  • Multi-tasking and prioritization skills necessary
  • Ability to work in a fast paced environment under time constraints
  • Ability to organize and coordinate projects
  • Excellent customer service skills
  • Ability to adapt to change quickly
  • Strong interpersonal skills and must be a team player

Nice To Haves

  • BA - Bachelor of Arts

Responsibilities

  • setting up purchase wire notification to be verified by internal wire verification specialist prior to sending a wire request to the designated warehouse lender
  • Accurate documentation of loan details
  • reviewing each loan to ensure that it is compliant with company policy while understanding workings of FHAC
  • conducting research to verify that the company proceeds were deducted or set up correctly at the time of funding
  • prioritizing a large pipeline of loans as well as working and communicating with Title Agents and Brokers to ensure outstanding conditions are satisfied prior to disbursement
  • Ensure system data corresponds to document data and product guidelines
  • Perform other duties as assigned

Benefits

  • health
  • dental
  • vision
  • life insurance
  • paid time-off benefits
  • flexible spending account
  • 401(k) with employer match
  • ESPP

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

High school or GED

Number of Employees

501-1,000 employees

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