• Funder

    Job Post Information* : Posted Date 5 days ago(12/6/2018 10:53 AM)
    ID
    2018-1588
    Category
    Operations
  • About Team Equity Prime

    Our team is the backbone to our growth and success. We operate at a high level in a fast-paced environment and ever-changing industry. We work hard and take pride in providing unparalleled service to our customers on their journey to homeownership. If you are looking for a rewarding and challenging career, Team Equity Prime might just be the place for you.

    The Position

    Funders complete the funding conditions prior to closing and prepare the funds for each closing. Funders coordinate with the Closing Team as well as the warehouse banks and settlement agents to ensure scheduled closings run smoothly for our borrowers. They are responsible for making sure the funding requests and transfers are all done in an accurate and timely manner.

     

    Funders are detail-oriented and have a strong working knowledge of the loan process. Funders work closely with the Closing and Finance departments. Funders report to the Closing Manager.

    Responsibilities

    • Verify all At-Closing and Prior-to-Funding conditions have been met
    • Perform final verifications of employment for each borrower
    • Complete necessary paperwork needed to order funds accordingly from the warehouse bank(s)
    • Review funding amounts and information for accuracy
    • Submit funding requests to the appropriate warehouse bank(s)
    • Ensure proper receipt of original Notes from closing agents
    • Update LOS with dates, warehouse information, fund details, documents and other necessary items

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