Mortgage Loan Funding Manager manages a team that ensures mortgage loans are processed, filed, and disbursed accordingly. Evaluates files for accuracy and completion. Being a Mortgage Loan Funding Manager develops procedures to ensure compliance with regulations. Monitors funding operations and provides recommendations for improvement to top management. Additionally, Mortgage Loan Funding Manager requires a high school diploma or its equivalent. Typically reports to a manager or head of a unit/department. The Mortgage Loan Funding Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Mortgage Loan Funding Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
Responsibilities:
- Originate and process loan applications from start to finish
- Evaluate loan applications and determine the creditworthiness of borrowers
- Negotiate loan terms and conditions with borrowers
- Collect and analyze financial information to assess the borrower's ability to repay the loan
- Provide guidance and assistance to borrowers throughout the loan application process
- Ensure compliance with all applicable laws, regulations, and company policies
- Maintain accurate and up-to-date records of all loan transactions
- Collaborate with underwriters, appraisers, and other professionals involved in the loan process
- Stay informed about current market trends, products, and regulations related to mortgage lending
Qualifications:
- Proven experience as a Loan Officer or similar role
- Strong knowledge of loan origination processes and procedures
- Proficiency in 10-key typing and data entry
- Familiarity with FNMA guidelines and requirements
- Understanding of escrow procedures and documentation
- Excellent math skills for calculating interest rates, payments, and other financial figures
- Experience using accounting software for financial analysis and reporting
- Knowledge of mortgage servicing practices and procedures
- Ability to effectively communicate complex financial information to clients
- Strong sales skills with a focus on achieving targets and meeting deadlines
- Thorough understanding of Fair Housing regulations
If you are a motivated individual with a passion for helping people achieve their homeownership dreams, we want to hear from you. Join our team as a Loan Officer and take your career to new heights. We offer competitive compensation packages, comprehensive benefits, and opportunities for professional growth. Apply now to be part of our dynamic team!
Job Type: Full-time
Pay: $54,922.43 - $66,143.13 per year
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Work Location: Remote
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0 Mortgage Loan Funding Manager jobs found in Columbus, GA area