Funding Manager Mortgage Warehouse

First-Horizon-Bank; Germantown (TN); On-site; USD 65,000 - 90,000; Full time

Job summary

First-Horizon-Bank in Germantown, TN is hiring a Construction Draw Administrator within mortgage warehouse lending. You will receive and review initial packages, ensure documentation is complete, and work with clients to resolve funding issues.

The role emphasizes accurate calculations of advances, reconciliation of percent complete, and collaboration with PMs, RMs, and operations to close draws promptly. Bachelor’s degree preferred; 3+ years and strong Excel skills are required.

Qualifications

• 3+ years in mortgage warehouse lending or related draws.
• Skilled in reviewing 1003s, appraisals, disclosures, draw requests, inspections.
• Ability to validate inspection percent complete and reconcile amounts.
• Strong documentation review and recordkeeping.

Responsibilities

• Receive and review initial construction packages.
• Ensure required documentation is obtained for each draw request.
• Work directly with clients to resolve documentation or funding issues.
• Collect and assess inspection/progress photos; reconcile funded-to-date.
• Calculate eligible advances for each construction draw.
• Monitor documentation gaps and escalate to PM and RM.
• Partner with PMs, RMs, Operations and clients' funding teams to resolve gaps.
• Contribute to procedure updates and control enhancements.

Skills

Documentation review

Excel proficiency

Communication

Time management

Mortgage operations

Education

Bachelor's degree preferred

Tools

Warehouse/LOS platforms

Job description

Key responsibilities

• Receive and review initial construction packages.
• Ensure required documentation is obtained for each draw request.
• Work directly with clients to resolve complex documentation or funding issues.
• For each draw, collect and assess inspection/progress photos; reconcile percent complete to funded-to-date and remaining to complete.
• Calculate eligible advances for each construction draw.
• Monitor and escalated documentation gaps and exceptions to the PM and RM, as applicable.
• Partner with associates (PMs, RMs, Operations) and clients' funding teams to resolve documentation gaps and timing issues.
• Contribute to procedure updates and control enhancements focused on accuracy, turnaround time, and risk containment.

Qualifications

• 3+ years in mortgage warehouse lending and/or related industry experience (e.g., construction draw administration or mortgage operations with draw funding responsibilities); title/closing or loan administration experience preferred.
• Skilled in reviewing 1003s, appraisals, closing disclosures, draw requests, inspections, and CO/Completion documentation.
• Ability to validate inspection percent complete, reconcile to funded-to-date, and apply FHB advance limits.
• Strong documentation review and reconciliation skills; high accuracy in calculations and recordkeeping.
• Proficiency with warehouse/LOS platforms and Excel for tracking, reconciliations, and reporting.
• Clear written and verbal communication with internal associates and clients; able to manage volume and deadlines.
• Bachelor's degree preferred.