Mortgage Funding Specialist – Closing & Compliance

Royal Business Bank; Los Angeles (CA); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Disability insurance

Job summary

Royal Business Bank in Los Angeles, California, seeks a funding specialist to perform pre-funding reviews of mortgage loan closing documents and ensure packages align with bank policies and regulatory requirements.

You will work with internal staff, mortgage brokers, and escrow/title closing agents to verify funding figures, conditions, and fees, and to prepare funding schedules for clients. Relevant experience and strong time management are essential.

Qualifications

• High school diploma or equivalent.
• Minimum 3 years in mortgage funding, post closing, processing, or related experience.
• Excellent time management and organizational skills.
• Knowledge of FNMA, FHLMC, VA and FHA guidelines.

Responsibilities

• Prepare mortgage loan documents and closing disclosures.
• Ensure mortgage loan closing documents are complete and accurate.
• Ensure that all approval and appraisal conditions have been met and properly signed off, and ensures that proper fees are collected and funding figures are correct.
• Review signed loan documents and conditions prior to loan disbursement.
• Communicate with internal staff, mortgage brokers and escrow/title closing agents on funding status.
• Audit closed loan files and perform post-closing activities after loan closing including bank’s log for compliance.
• Prepare accurate funding schedules to issue to clients.
• Perform other duties as assigned.

Skills

Time management

Regulatory knowledge

Education

High school diploma or equivalent

Job description

Royal Business Bank in Los Angeles, California, seeks a funding specialist to perform pre-funding reviews of mortgage loan closing documents and ensure packages align with bank policies and regulatory requirements.

You will work with internal staff, mortgage brokers, and escrow/title closing agents to verify funding figures, conditions, and fees, and to prepare funding schedules for clients. Relevant experience and strong time management are essential.