Funding Specialist
Funding Specialist
Posted on :
06-04-2025
Employer Active
1 Vacancy
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Job Description
Description
Position at Closing USA
Position Summary:
Responsible for reviewing and managing all funded loan files. Verifies fees closing conditions accuracy of calculations checks for taxes due payables balances files and coordinates final disbursement of funds in the form of checks and/or wires. Confirm wire instructions are correct and checks are remitted according to file specific instructions while maintaining compliance with the lenders instructions. Ensures the performance of all duties in accordance with the companys policies and procedures all U.S. state and federal laws and regulations wherein the company operates.
Responsibilities:
- Manage a portfolio of funded loans daily.
- Updates lien payoffs and taxes as needed.
- Will be a Licensed Escrow Officer for signing of checks and preparing packaging.
- Reviews title commitments lien payoffs taxes file notes lenders closing instructions.
- Coordinates final disbursement of funds in compliance with escrow and lenders instructions.
- Calculate pay offs inputting wires and completing closing disclosures to make the ALTA
- Prepares and distributes final ALTA Settlement Statement to all applicable parties.
- Corresponding with lender(s) borrowers and insurance agents.
- Asked to assist with additional responsibilities site specific to corporate offices.
Requirements:
- 5 years of Mortgage Funding/Closing experience.
- Knowledge of calculating pay offs inputting wires and completing closing disclosures to make the ALTA.
- Exceptional attention to detail verbal written and interpersonal communication skills.
- Proficiency of Microsoft Office applications including: Word Excel PowerPoint and Outlook.
- Selfmotivated and able to multitask with minimal supervision.
- High School Diploma or equivalent required.
Why work for #teamloanDepot:
- Aggressive compensation package based on experience and skill set.
- Inclusive diverse and collaborative culture where people from all backgrounds can thrive.
- Work with other passionate purposeful and customercentric people.
- Extensive internal growth and professional development opportunities including tuition reimbursement.
- Comprehensive benefits package including Medical/Dental/Vision.
- Wellness program to support both mental and physical health.
- Generous paid time off for both exempt and nonexempt positions.
About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010 loanDepot has revolutionized the mortgage industry with a digitalfirst approach that makes it easier faster and less stressful to purchase or refinance a home. Today as the nations second largest nonbank retail mortgage lender loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of lifes most complex transactions. With headquarters in Southern California and offices nationwide loanDepot is committed to serving the communities in which its team lives and works through a variety of local regional and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is $19.23 29.81/hr and will depend on multiple individualized factors including your jobrelated knowledge/skills qualifications experience and market location.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race religion color national origin gender sexual orientation age marital status veteran status or disability status.
Required Experience:
Unclear Seniority
Employment Type
Hourly
Key Skills
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