Warehouse Lending Funding Coordinator

First Bank • Plano, TX

17h

About The Position

The Warehouse Funding Coordinator is responsible for initial wire release at the onset of new loans by working the loan queue and funding the individual mortgage loan submissions submitted by mortgage bankers (originators and document preparation companies) via bank's Warehouse System of record. All pertinent and required loan information is mapped directly from the mortgage banker's upload to the Bank's Warehouse System. The funder will verify that all information in the loan package is consistent and appears to be correct and that the terms of the mortgage meet the terms of the investor takeout commitment and the banks internal guidelines. Funding Coordinator performs all duties in accordance with the company's policies and procedures.

Requirements

• Prior Warehouse Lending experience strongly preferred.
• Mortgage Loan Processor experience a plus.
• Meticulous with the ability & desire to learn new tasks.
• Superior customer service skills and attitude required.
• Strong verbal and written communication skills required.
• Proficient in Microsoft Office Word & Outlook; Excel is a plus.
• Experience with or the ability to quickly learn the bank's Warehouse System of record.
• Must be familiar with loan documentation or ability to train quickly.
• Strong organizational skills with a willingness to adapt to change as needed in a demanding environment required.
• Ability to manage multiple tasks, projects, and deadlines simultaneously.

Responsibilities

• Receiving warehouse lending funding requests for various products via file uploads in the bank's Warehouse System and processing the file for funding approval and release of the wire to the closing agent.
• Reviewing the loan files for completeness and ensuring all required loan documentation is received. Validating data against supporting documents.
• Communicating with warehouse clients by responding to inquiries via phone and email in a timely & professional manner.
• Backup to processing of daily warehouse payoffs of loans.
• Being familiar with the Banks departmental guidelines for quality control of each loan file to ensure the loan meets the guidelines.
• Verifying and approving title agencies as needed if they are not already set up and approved in the Warehouse System.
• Cross-training with other departments to assist when other team members are out.
• Completing, and passing, all required regulatory compliance training assigned by the Bank.
• Complying with privacy policies and procedures to maintain customer confidentiality and information protection.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1-10 employees