Mortgage Loan Funding Manager jobs in Paramus, NJ

Mortgage Loan Funding Manager manages a team that ensures mortgage loans are processed, filed, and disbursed accordingly. Evaluates files for accuracy and completion. Being a Mortgage Loan Funding Manager develops procedures to ensure compliance with regulations. Monitors funding operations and provides recommendations for improvement to top management. Additionally, Mortgage Loan Funding Manager requires a high school diploma or its equivalent. Typically reports to a manager or head of a unit/department. The Mortgage Loan Funding Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Mortgage Loan Funding Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)

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Mortgage Loan Processor
  • Ark Mortgage Inc
  • Montebello, NY FULL_TIME
  • Summary:

    Loan processors will provide support to one or more Mortgage Advisors (MA) to facilitate the timely review and submission of completed mortgage application packages, including the supporting documentation required to process the loan. Processors will track & update the MA on loan and pipeline status.

    Responsibilities:
    • Assist MA with new loan applications by entering information into the loan operating system (LOS).
    • Assist MA with prequalification documentation & submit loan requesting a certified pre-approval to underwriting.
    • Assist the Mortgage Advisors in structuring loans & requesting initial disclosures.
    • Follow up with the borrower for the signed disclosures and all outstanding documents necessary for submission to processing & underwriting approval.
    • Collect all supporting documentation from borrower in accordance with submission checklist & AUS Findings.
    • Order verifications from various third parties including but not limited to appraisal, title, homeowners’ insurance, flood certificates, social security verification and any written verifications of employment.
    • Review the application for accuracy and completeness prior to submitting the file to processing.
    • Ensure that approval falls within the established lending guidelines
    • Upon underwriting approval, review outstanding conditions with assigned processor & obtain same from borrower and/or any relevant third parties.
    • Upon receipt of all underwriting conditions, notify the assigned processor so that they can review & resubmit the file into underwriting.
    • Communicate to the processor regarding expected closing dates or the issuance of “Time of the Essence” (TOE) on purchase loans.
    • Answer calls from borrowers, title, or any agents regarding status & general questions throughout the loan process
    • Monitor the MA’s pipeline to ensure loans are moving through the various milestones & provide updates to the MA.
    • Additional duties as assigned, customized to the individual MA’s needs, enabling them to focus on sales.
    • Communicate with other professionals, including attorneys, county clerks and title companies
    Qualifications:
    • At least 1-2 years of experience in Residential Loan Processing
    • Excellent communication skills
    • Strong analytical skills
    • Must be good at multi-tasking and time management
    • Strong organizational skills to make sure that mortgage documents are filed with correct parties
    • Great proofreading skills and ability to quickly spot errors, typos, and miscalculations
    • Excellent customer service skills and desire to help people

    Benefits

    • Medical, Dental and Vision Plan
    • Flexible Paid Time Off
    • 401(k) Plan
    • Profit Sharing Plan
    • Employee Discount Program
    • Career Growth and Development

    Company Information

    Ark Mortgage is an independent, innovative full-service mortgage lender with expertise in every area of residential purchase and refinance mortgage lending. We have built a reputation as an outstanding mortgage banking firm, serving the lending needs of homebuyers, homeowners and real-estate investors throughout NY, NJ, FL, AZ, PA, and CT. Ark Mortgage, Inc. is a highly motivating employer that develops its employees to become long-term members of its team.

    _____________________________________________________________________

    Ark Mortgage Inc. supports and is committed to equal employment opportunity for all personnel. Ark Mortgage Inc. does not discriminate against applicants or employees because of actual or perceived race, color, religion, creed, national origin, ancestry, citizenship status, alienage, sex/gender, pregnancy, childbirth or related medical condition, sexual orientation, marital status, partnership status, predisposing genetic characteristics, genetic information, protected activity (i.e., opposition to prohibited discrimination or harassment, and participation in proceedings covered by the anti-discrimination statutes), age, uniformed service, veterans status, unemployment status, domestic violence victim status, disability or any other category protected by applicable law.

    All employment decisions are made on a non-discriminatory basis and in compliance with applicable federal, state and local laws prohibiting discrimination in employment. Ark Mortgage Inc. also provides reasonable accommodations, including to qualified individuals with known disabilities, who are pregnant or who suffer from a medical condition due to pregnancy or childbirth, upon request or when made aware of such a need, subject to applicable law.

  • 1 Month Ago

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Sr. Loan Officer
  • New American Funding
  • Florida, NY FULL_TIME
  • Overview Must be able to work on-site if within 31 miles of a consumer direct call center location. If outside 31 miles, then OK to remotely. Offices are located in the following cities and states: Ca...
  • 27 Days Ago

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ISO Manager
  • Mint Funding
  • Montvale, NJ FULL_TIME
  • Join Mint Funding a Direct MCA Funder, Mint funding is a fastest growing financing company that offers Merchant Cash Advances, we do 1st to 8th terms up to 140P We are searching for an innovative, ski...
  • 2 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Paramus, NJ FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 22 Days Ago

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Loan Processor (On-Site)
  • CrossCountry Mortgage, LLC.
  • Montvale, NJ FULL_TIME
  • CrossCountry Mortgage (CCM) is one of the nation’s top 3 retail mortgage lenders with more than 7,000 employees operating nearly 600 branches across all 50 states. We have been recognized nine times o...
  • 22 Days Ago

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Mortgage Loan Officer
  • THE MINT CAPITAL INC
  • Monroe, NY FULL_TIME
  • Founded in 2018, Mint Capital’s rise within the industry has been fast and unprecedented, growing from a team of 2 to 50 in under 2 years. Built upon our team’s 50 years of combined experience, Mint C...
  • 5 Days Ago

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0 Mortgage Loan Funding Manager jobs found in Paramus, NJ area

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Compliance Officer - Residential Mortgage/Licensing/Exam Management
  • Firstkey Mortgage Llc
  • New York, NY
  • Company Background FirstKey Mortgage, LLC ('FKM') is one of the worlds leading private label securitization and asset ma...
  • 4/19/2024 12:00:00 AM

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Senior Counsel, Structured Finance & Warehouse Lending
  • Signature Bank
  • New York, NY
  • **Senior Counsel, Structured Finance & Warehouse Lending** We are looking for a talented, passionate, and dedicated stru...
  • 4/19/2024 12:00:00 AM

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Quantitative Analyst-FSRM-QAS-Banking Book-FSO-Mgr-Multiple Positions-1493482
  • EY
  • New York, NY
  • EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these q...
  • 4/19/2024 12:00:00 AM

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AT, Assistant Branch Manager
  • Apple Bank
  • New York, NY
  • **AT, Assistant Branch Manager** Location **Long Island, NY - Westbury** Job Code **2810** # of openings **1** **AT, Ass...
  • 4/18/2024 12:00:00 AM

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Markets - Quantitative Analysis, Summer Analyst - New York City - US, 2025
  • Citigroup
  • New York, NY
  • **NAM Quantitative Analysis, Summer Analyst** **Program New York** **(North America - 202** **5** **)** **You're** **the...
  • 4/18/2024 12:00:00 AM

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Compliance Officer - Residential Mortgage/Licensing/Exam Management
  • FirstKey Mortgage, LLC
  • New York, NY
  • Company Background FirstKey Mortgage, LLC ("FKM") is one of the world’s leading private label securitization and asset m...
  • 4/17/2024 12:00:00 AM

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Financial Analyst
  • Prophet Companies
  • West Caldwell, NJ
  • Job Description Job Description Job Overview Prophet Companies is an asset management firm located in West Caldwell, NJ....
  • 4/17/2024 12:00:00 AM

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Project Manager, Compliance
  • New York City Economic Development Corporation
  • New York, NY
  • Our Vision: To make New York City the global model for inclusive innovation and economic growth, fueled by the City's di...
  • 4/16/2024 12:00:00 AM

Paramus (/pəˈræməs/ pə-RAM-əs) is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 26,342.. A suburb of New York City, Paramus is located 15 to 20 miles (24 to 32 km) northwest of Midtown Manhattan and approximately 8 miles (13 km) west of Upper Manhattan. The Wall Street Journal characterized Paramus as "quintessentially suburban".[21] Paramus was incorporated as a borough by an act of the New Jersey Legislature on March 2, 1922, and ratified by a referendum held on April 4, 1922, that passed by a vote of 238 to 10.[22][2...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Loan Funding Manager jobs
$83,608 to $112,260
Paramus, New Jersey area prices
were up 1.5% from a year ago

Mortgage Loan Funding Manager in Houston, TX
Based on our compensation data, the estimated salary potential for Mortgage Loan Funding Manager will increase 16 % over 5 years.
December 24, 2019
Mortgage Loan Funding Manager in Paramus, NJ
The closing takes place after the lender’s Closer sends docs to title. The loan is officially completed when it “funds”.
February 23, 2020
Mortgage Loan Funding Manager in Florence, AL
The timing of a loan’s funding depends on the loan’s purpose (purchase vs.
December 27, 2019