Warehouse Lending Funding Coordinator

OVERVIEW

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.

• Funding Coordinator will review the loan files for completeness and ensure all required loan documentation received. Validate data against supporting documents.
• Funding Coordinator must be familiar with the Banks departmental guidelines for quality control of each loan file to ensure the loan meets the guidelines.
• Funding Coordinator must communicate with warehouse clients by responding to inquiries via phone and email in a timely & professional
• Funder may verify and approve title agencies as needed if they are not already set up and approved in the Warehouse System.
• Funding Coordinator is responsible for cross-training with other departments to assist when other team members are out.
• Funding Coordinator must comply with privacy policies and procedures to maintain customer confidentiality and information protection.

QUALIFICATIONS

• Prior Warehouse Lending experience strongly preferred.
• Mortgage Loan Processor experience a plus.
• High School diploma or equivalent.
• 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