Warehouse Lending Funding Coordinator

Job description

About this Role 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 p erforms all duties in accordance with the company's policies and procedures. Key Responsibilities: - The position will include receiving warehouse lending funding requests for various products via file uploads in the bank's Warehouse System and processing the file for funding approval and release of the wire to the closing agent. - Funding Coordinator will review the loan files for completeness and ensure all required loan documentation is received. V alidate data against supporting documents . - Funding Co...