Coordinator Funding

The Funding Specialist is an essential position within the Funding Team. This position has various duties and responsibilities, which include data entry, document control, pulling of loans, balancing monthly reports and preparing monthly Assignments. The Funding Specialist is also responsible for the onboarding of new loans that book after rescission.

The Funding Specialist will build relationships with our outside vendors, developers, lenders and custodians through the processing of monthly and weekly funding’s.

Specific Duties, Activities and Responsibilities:

• Review all funding criteria ensuring lender requirements are met and Borrowing Notice is prepared.
• Review, work and cure all exception reports prior to funding.
• Process Michigan Letters.
• Assist with pulling files and ship to custodian or lender for possible sale or hypothecation of loan.
• Data entry of recorded mortgage information, distribution and applicable filing.
• Timely data entry of recorded assignments, distribution and applicable scanning/filing/making copies.
• Balance and review monthly exception reports from custodian assuring all exceptions are cleared within established
• timeframes per lender agreement.
• Pull Monthly Assignment Report and prepare schedules to send assignments for recording
• Prepare Invoices and request checks from Accounts Payable
• Download recorded assignments from online recording.
• Receive recorded assignments from counties requiring mail in documents
• Daily onboarding/entry of all sales achieving the milestone “good-business”
• Daily Sorting of all sales achieving the milestone “good-business”
• The completion of monthly Bluegreen Fundings
• The completion of weekly Fee Based Service Fundings
• Completion of Daily Experian Credit Report Batch Upload for Bluegreen FBS Clients
• Distribution and/or completion of Daily Reports including: New Loans Boarded, New Loans Pending Boarding, OORR, and TS223 interface verification
• Daily preparation/auditing of BXG and FBS contracts against the system; checking critical loan information entered at the time of boarding.
• Other Duties as needed

You must be able to perform the job assigned complying with Company policies and procedures, business code of ethics, FLSA regulations, and all applicable laws, as well as ensuring confidentiality, reliability, quality, and productivity. This job description indicates in general the nature and levels of work, knowledge, skills, abilities and other essential functions expected of an incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of an incumbent. An incumbent may be asked to perform other duties as required.

Job Requirements:

• High School Diploma
• 1 year of experience in Mortgage Banking or Title
• Candidate should have an interest in Finance or Accounting
• Customer Service and Quality fundamentals
• MS Office Suite, Outlook, Word, Excel and PowerPoint
• Mortgage Documentation, Preparation of Assignments
• Strong Computer knowledge and typing skills
• Use of the number pad with high accuracy and speed
• Detail-Oriented with strong analytical and problem-solving skills
• Strong ability to think strategically and analyze information timely and accurately
• Strong interpersonal communication skills to deal effectively with all levels of the organization