Loan Funder

  • Location
    Las Vegas, Nevada
  • Category:
    Other - General / Other
  • Job Type:
    Direct Hire
  • Job reference:

Parker + Lynch is seeking an experienced Loan Funder to fund all FHA, VA & CONV loans and communicate effectively with loan officers, brokers, processors, underwriters and all other customers. A strong problem solving and organization skill set with an emphasis on customer service is a MUST! Responsibilities include but are not limited to:

Major Tasks and Responsibilities:

  • Prepare loan documents to be signed at closing with escrow.
  • Update closing screen fields in the LOS/Encompass system to complete the funding process.
  • Review funding packages within 24hrs of receipt.
  • Prepare wire package/collateral to submit when ordering your wire.
  • Communicate and clear outstanding funding conditions with all parties applicable (escrow/title, processors, loan officers and underwriters).
  • Calculate wire amount to balance with escrow/title & release loan for recording when ready.
  • Follow up/obtain and imaged a Certified Final Hud-1 on all closed loans within 48hrs of closing.
  • Upload/image the funding package in the efolder/imaging file system.
  • Draw docs (24hr turn-around time).
  • Answer in-coming calls / in-house questions re: funding or docs.
  • Assist other co-workers if needed.
  • Knows who your customers are (internal & external) and provides them with CONTROL, COMFORT & SECURITY.
  • All functions shall be conducted in a manner keeping with the spirit and intent of EMMC’s Guiding Values and Balanced Stewardship.
  • Responsible for proactive communication with management with respect to all significant challenges or opportunities.
  • Additional duties as assigned.

    Specific Skills/ Knowledge/ Abilities Required for Position:

  • Minimum 2-4 years’ experience in the Mortgage industry.
  • Strong organizational skills and detail oriented
  • Good character, motivated, hard working.
  • Ability to work effectively in a highly motivated, team-oriented environment.
  • Ensure loan documents are accurate, signed and dated accordingly.
  • Fund and Wire all loans by 12:30pm (bank cut-off time).
  • Resolve any discrepancies within a file – be able to problem-solve.
  • Expand knowledge of funding guidelines, keeping up to date with funding changes and learning the guidelines of different states.
  • Verify information with appropriate source. (Taxes, insurance etc…. with title, escrow & insurance companies).
  • Be organized and create efficient procedures for multiple job functions.

    Standards of Performance:

  • Associate arrives to work on time each day.
  • Effectively use computer system (Outlook, Internet, Excel, Word, Access and LOS).
  • Uses time in an efficient manner.
  • Is proactive in asking for additional tasks.
  • Completes tasks efficiently and on time.
  • Written procedures for position are kept up-to-date.
  • Performs all actions in accordance with the Guiding Values of the company.
  • Uses the principles of Balanced Stewardship in independent decision making.

    Quality Manufacturing:

  • You and your manager have agreements about what work is to be done and how and when it is to be done. These are often documented in your Position Manual, Job Description or other documented system.
  • Any changes in the work requirements are made only after mutual agreement between your manager and you.
  • You take full accountability for performing the work and achieving the results as agreed, and your manager is accountable for providing you with the resources and guidance needed.
  • Exceptions, problems, changes and questions are reported immediately. You are accountable for notifying your manager, and any other affected people, in writing if the work will not be performed or the results will not be achieved as agreed. Your manager will also notify you if commitments made to you cannot be achieved.
  • Your manager can assume the work is being performed as agreed unless otherwise notified.
  • Periodic check-ins between you and your manager is the main vehicle for keeping each other informed about how work is progressing.
  • Failure to notify of exceptions or missed due dates – in other words silence – is not acceptable.
  • Relationships built on trust are developed as managers and associates keep their commitments and successful results are achieved.



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    The Company will consider qualified applicants with arrest and conviction records