Equity Smart Home Loans
Jr. Loan Funder
Equity Smart Home Loans, South Pasadena, California, United States, 91030
General Job Description
The primary role of the Jr. Loan Funder will be to coordinate the funding and selling of loans under the supervision and guidance of the Funding Manager. This role requires attention to detail, excellent organizational and communication skills, and the proven ability to perform complex calculations with few errors.Loan Funder Key Tasks and Responsibilities
Review and verify loan documents for accuracy and completeness.Verify the availability of funds for loan closings, including down payments, lender funds, and third-party contributions.Prepare and submit funding packages.Work with loan processors, underwriters, and other relevant parties to clear any outstanding conditions or documentation requirements before funding.Coordinate the disbursement of funds by collaborating with various stakeholders, including title companies, escrow agents, and settlement agentsInitiate and oversee wire transfers for secure and timely fund disbursement.Ensure all funding activities comply with regulatory requirementsConduct post-funding quality control and maintain accurate records of fund disbursements.May take on additional duties as neededRequired Role Qualifications:
High School Diploma or EquivalentBasic Computer Skills and proficiency in Google Suite (Docs/Sheets, Word/Excel)Must be a collaborative individual who can work effectively with colleagues and take feedback to improve performanceAttention to detail is crucialStrong Organizational SkillsGood written and verbal communication skillsAbility to manage time effectivelyA customer-focused approach is a mustPreferred Role Qualifications:
Associate's Degree or College Coursework in accounting, math, or related fieldAny prior experience in a financial institution, banking, lending, or a related roleFamiliarity with loan processes, terminology, and documentation is a plus.Familiarity with basic financial concepts and termsAbility to learn quickly and adapt to various scenarios
The primary role of the Jr. Loan Funder will be to coordinate the funding and selling of loans under the supervision and guidance of the Funding Manager. This role requires attention to detail, excellent organizational and communication skills, and the proven ability to perform complex calculations with few errors.Loan Funder Key Tasks and Responsibilities
Review and verify loan documents for accuracy and completeness.Verify the availability of funds for loan closings, including down payments, lender funds, and third-party contributions.Prepare and submit funding packages.Work with loan processors, underwriters, and other relevant parties to clear any outstanding conditions or documentation requirements before funding.Coordinate the disbursement of funds by collaborating with various stakeholders, including title companies, escrow agents, and settlement agentsInitiate and oversee wire transfers for secure and timely fund disbursement.Ensure all funding activities comply with regulatory requirementsConduct post-funding quality control and maintain accurate records of fund disbursements.May take on additional duties as neededRequired Role Qualifications:
High School Diploma or EquivalentBasic Computer Skills and proficiency in Google Suite (Docs/Sheets, Word/Excel)Must be a collaborative individual who can work effectively with colleagues and take feedback to improve performanceAttention to detail is crucialStrong Organizational SkillsGood written and verbal communication skillsAbility to manage time effectivelyA customer-focused approach is a mustPreferred Role Qualifications:
Associate's Degree or College Coursework in accounting, math, or related fieldAny prior experience in a financial institution, banking, lending, or a related roleFamiliarity with loan processes, terminology, and documentation is a plus.Familiarity with basic financial concepts and termsAbility to learn quickly and adapt to various scenarios