Job Description
Position Details
Overview
The Warehouse Lending 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 performs all duties in accordance with the company's policies and procedures.
• Funding Coordinator will review the loan files for completeness and ensure all required loan documentation received. Validate data against supporting documents.
• Funding Coordinator must be familiar with the Banks departmental guidelines for quality control of each loan file to ensure the loan meets the guidelines.
• Funding Coordinator must communicate with warehouse clients by responding to inquiries via phone and email in a timely & professional
• Funder may verify and approve title agencies as needed if they are not already set up and approved in the Warehouse System.
• Funding Coordinator is responsible for cross-training with other departments to assist when other team members are out.
• Funding Coordinator must comply with privacy policies and procedures to maintain customer confidentiality and information protection.
What Do You Need for this Position?
Qualifications
• Prior Warehouse Lending experience strongly preferred.
• Mortgage Loan Processor experience a plus.
• High School diploma or equivalent.
• Meticulous with the ability & desire to learn new tasks.
• Superior customer service skills and attitude required.
• Strong verbal and written communication skills required.
• Proficient in Microsoft Office Word & Outlook; Excel is a plus.
• Experience with or the ability to quickly learn the bank's Warehouse System of record.
• Must be familiar with loan documentation or ability to train quickly.
• Strong organizational skills with a willingness to adapt to change as needed in a demanding environment required.
• Ability to manage multiple tasks, projects, and deadlines simultaneously
About Us
Be a part of a growing company that is truly committed to its employees and clients. Consider joining the First Bank family. As a member of our family, you are part of one of the largest independent banks in the U.S. We are proud of our growth and success over the past 100 years and look forward to a bright and promising future.
Diversity
At First Bank one of our biggest strengths is the diversity of our people. Our mission is to capitalize on the diversity of our associates and promote personal and professional development throughout every area of the organization. We encourage diversity by actively seeking employees from various backgrounds, walks of life, and job skills. We strongly encourage you to apply whenever a First Bank job opportunity interests you.
First Bank is a VEVRAA Federal Contractor and an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, ****** orientation, gender identity, national origin, disability, or protected Veteran status.
Overview
The Warehouse Lending 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 performs all duties in accordance with the company's policies and procedures.
• Funding Coordinator will review the loan files for completeness and ensure all required loan documentation received. Validate data against supporting documents.
• Funding Coordinator must be familiar with the Banks departmental guidelines for quality control of each loan file to ensure the loan meets the guidelines.
• Funding Coordinator must communicate with warehouse clients by responding to inquiries via phone and email in a timely & professional
• Funder may verify and approve title agencies as needed if they are not already set up and approved in the Warehouse System.
• Funding Coordinator is responsible for cross-training with other departments to assist when other team members are out.
• Funding Coordinator must comply with privacy policies and procedures to maintain customer confidentiality and information protection.
What Do You Need for this Position?
Qualifications
• Prior Warehouse Lending experience strongly preferred.
• Mortgage Loan Processor experience a plus.
• High School diploma or equivalent.
• Meticulous with the ability & desire to learn new tasks.
• Superior customer service skills and attitude required.
• Strong verbal and written communication skills required.
• Proficient in Microsoft Office Word & Outlook; Excel is a plus.
• Experience with or the ability to quickly learn the bank's Warehouse System of record.
• Must be familiar with loan documentation or ability to train quickly.
• Strong organizational skills with a willingness to adapt to change as needed in a demanding environment required.
• Ability to manage multiple tasks, projects, and deadlines simultaneously
About Us
Be a part of a growing company that is truly committed to its employees and clients. Consider joining the First Bank family. As a member of our family, you are part of one of the largest independent banks in the U.S. We are proud of our growth and success over the past 100 years and look forward to a bright and promising future.
Diversity
At First Bank one of our biggest strengths is the diversity of our people. Our mission is to capitalize on the diversity of our associates and promote personal and professional development throughout every area of the organization. We encourage diversity by actively seeking employees from various backgrounds, walks of life, and job skills. We strongly encourage you to apply whenever a First Bank job opportunity interests you.
First Bank is a VEVRAA Federal Contractor and an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, ****** orientation, gender identity, national origin, disability, or protected Veteran status.
💡 Quick Summary
Seeking a career-building opportunity? The Warehouse Lending Funding Coordinator position is now open for candidates interested in the Bank Jobs sector. This role in Plano offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
