Commercial Loan Funder | Monday-Friday 8:30am-5:30pm | $75,000- $110,000/year
We are seeking a dynamic and detail-oriented Commercial Loan Funder/Closer to join our dedicated financial services team. You will oversee the loan closing process for commercial loans, ensuring accurate and timely management of borrower funds, compliance with federal and state regulations, and seamless coordination with loan officers, underwriters, borrowers, and lenders. Your expertise will help facilitate smooth loan closings and uphold the highest standards of customer service, accuracy, and regulatory adherence.
Responsibilities:
- Prepare Loan Documents, Escrow Instructions, Deeds, Estimate Closing Statements, and any documents needed to close escrow and clear title.
- Initiate Opening and Closing of Escrow Account.
- Order Beneficiary Statements or Demands, as needed.
- Order Evidence of Insurance, as needed.
- Order Tax Service and missing information report, as needed.
- Facilitate the assembly and submission of Recording Documents.
- Input and Update The Mortgage Office (TMO) information on file.
- Scan and organize Loan Documents.
- Electronic Processing and Recording of Cash Receipts and Deposits.
- Coordinating and Recording Credit Line Advances and Payoffs.
- Online Banking Program Monitoring, Review and Administration.
- Communications with Title companies.
- Communications with the Bank, Company Staff and Management.
Qualifications:
- 2+ years of commercial loan experience
- Hands on experience with the loan origination process
- Proficiency with loan origination software, preferably The Mortgage Office (TMO)
- Bilingual in Spanish a plus!
Pay: $75,000.00 - $110,000.00 per year
Work Location: In person
