What are the responsibilities and job description for the Loan Funder – Originations position at Fay Group?
Founded in 2008, The Fay Group is a diversified real estate services company offering a complete range of home ownership products and services including mortgage servicing, property renovations, property management, realty, business purpose lending, and insurance to homeowners, investors and clients nationwide. We consider the people behind those mortgages and work hard to give them the best opportunity to stay in their homes by providing solutions to navigate the challenges of homeownership while working toward their long-term financial goals.
Join Us on Our Journey
We are currently looking for a Loan Funder to join our team.
Reporting to the Assistant Controller, the Loan Funder – Originations is responsible for the timely funding of loans through warehouse portals, ensuring smooth loan processing, and maintaining accurate records. This position produces daily warehouse reports, updates funding trackers and coordinates with various departments to ensure proper loan funding and timely paydowns.
Additionally, this role updates the Loan Origination System (LOS) with funding details and tracks loan sales through the warehouse portals. This position collaborates closely with the closing department to review closing documents and wire requests and partners with the accounting team to monitor warehouse capacity and provide necessary funding reports.
Qualifications include:
- High School Diploma or GED required
- 1 years’ experience in loan funding
- 1 years’ experience within the mortgage banking industry
- Prior experience with warehouse loan servicing (WLS) and funding portals
- Familiarity with Encompass or similar loan origination software is preferred
- Strong verbal and written communication skills
- Strong interpersonal skills
- Collaborative work style; high team-orientation
- Open to change; agile; high learning agility
- Strong analytical skills coupled with sound judgment
- Strong problem-solving abilities
- Strong attention to detail; strong compliance orientation; high quality of work product
- Ability to prioritize; effective time management
- Self-directed; ability to proactively ask questions and surface issues/ concerns
- Professional maturity, integrity, ability to maintain confidential data and information
- Strong business acumen; strong fiscal and technical aptitude
- Strong skills in MS Word, Excel, and PowerPoint
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Featured Benefits
- Medical, Dental, and Vision Insurance
- Company Paid Life Insurance
- Disability Insurance
- Pet Insurance
- 401k Program with Employer Matching
- 3 Weeks Paid Time Off (PTO)
- Paid Holidays
- Wellness Initiatives
- Employee Assistance Program
- Eligible for Hybrid Work Schedule with Remote Flex Days
Compensation
- The hiring range for this position is between $37,440.00-$54,080.00 annually
- This position is eligible for an annual discretionary bonus
Fay Cares!
The Fay-Constructive Foundation was established to fulfill the philanthropic mission of The Fay Group employees to serve the communities in which they live and work. Our employees make voluntary contributions to the Foundation. Each quarter, their contributions are donated to organizations focused on improving education opportunities, combating poverty, and supporting military service members and first responders.
At Fay, we believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected and included, and is presented with equal opportunities to be successful. Fay is an equal-opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to www.dhs.gov/E-Verify.
Salary : $37,440 - $54,080
