Funding Coordinator II

About Us

Finance of America helps homeowners 55 access the equity theyve 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 theyve 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

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

EDUCATION - REQUIRED

• High School Diploma

EDUCATION - PREFERRED

• BA - Bachelor of Arts

EXPERIENCE/SKILLS

• 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

Compensation

The base salary range for this position is () inclusive of all geographical differences in the labor market. The base salary for the position will be determined based on factors such as the candidates work location skills education and addition to those factors we believe in the importance of pay equity and consider the internal equity of our current team members in determining any final offer. We offer a competitive benefits package including health dental vision life insurance paid time-off benefits flexible spending account 401(k) with employer match and ESPP.

Additional Information

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

Finance of America Reverse is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color sex (including pregnancy) sexual orientation religion creed age national origin physical or mental disability gender identity and/or expression marital status veteran status or other characteristics protected by law.

Required Experience:

IC