Loan Funding Specialist
SoFi
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The role:
We are seeking a detail-oriented and self-directed Mortgage Funding Specialist to join our team. In this role, you will be responsible for reviewing executed closing documents for accuracy, ensuring all funding conditions are met, and coordinating the timely and accurate funding of mortgage loans. This position requires excellent communication skills, the ability to prioritize tasks effectively, and a strong sense of urgency.
What you’ll do:
- Review executed closing documents for completeness and accuracy.
- Verify that all loan conditions have been satisfied prior to funding.
- Request and balance wire transfers in accordance with funding requirements.
- Ensure timely and accurate disbursement of loan funds.
- Coordinate and communicate with internal departments, title companies, settlement agents, and other external parties to resolve issues and ensure a smooth funding process.
- Use loan origination systems such as Encompass to manage and track funding activities.
- Maintain clear and professional verbal and written communication.
- Prioritize and manage multiple tasks in a fast-paced, deadline-driven environment.
- Follow company policies, procedures, and compliance regulations related to mortgage funding.
What you’ll need:
- High school diploma or equivalent required; Associate’s or Bachelor’s degree preferred.
- Previous experience in mortgage funding, closing, or related fields required.
- Knowledge of Encompass loan origination system is strongly preferred.
- Exceptional attention to detail and organizational skills.
- Strong sense of urgency and accountability.
- Ability to work independently and manage time effectively.
- Excellent interpersonal, verbal, and written communication skills.
Nice to have:
- Familiarity with mortgage documentation and compliance requirements.
- Experience with wire transfer processes and balancing procedures.
