Mortgage Loan Funder/Closer

Rapid Mortgage Company; Cincinnati (OH); Remote; USD 55,000 - 85,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability insurance

401(k) with match

PTO & holidays

Career growth

Job summary

Rapid Mortgage Company is seeking a detail-oriented Mortgage Loan Funder to join our team in Cincinnati. The role focuses on preparing and reconciling closing disclosures, ordering funds, and ensuring timely funding while maintaining compliance with TRID and investor guidelines.

The ideal candidate will manage closing packages, communicate with title companies and loan officers, and uphold high standards of accuracy, organization, and customer service in a collaborative, remote-friendly

Qualifications

• Experience with Conventional, FHA, VA, USDA, and DPA loan products.
• Proficiency with Encompass Loan Origination System.
• Strong understanding of TRID regulations, CD balancing, and loan documentation.

Responsibilities

• Create accurate Closing Disclosures.
• Obtain borrower, title company and Loan Officer approval.
• Prepare and deliver on time closing package to settlement agent.
• Order funds for closing.
• Confirm funds receipt 24 hours before closing.
• Field incoming calls and correspondence.
• Enhance relationships with title companies, partners and clients.
• Review and clear Compliance Alert (Mavent) fails/warnings.
• Clear Funding conditions.
• Complete closing instructions for settlement agent.
• Ensure compliance with federal, state, and investor regulations.
• Monitor and meet daily/monthly funding goals and deadlines.

Skills

Loan product knowledge

Encompass LOS

TRID and closing docs

Tools

Encompass LOS

Job description

Rapid Mortgage Company

Rapid Mortgage Company a mortgage leading company dedicated to providing exceptional lending solutions to our clients. We are seeking a detail-oriented and experienced Mortgage Loan Funder to join our team.

Position: Mortgage Loan Funder

Rapid Mortgage Company a mortgage leading company dedicated to providing exceptional lending solutions to our clients. We are seeking a detail-oriented and experienced Mortgage Loan Funder to join our team.

General Job Information

The ideal candidate for this position has a strong eye for detail and a keen sense of accuracy in preparing and reconciling closing disclosures, preparing closing documents and ordering funds for closing. Effective time management is very important. Develop and maintain strong, positive relationships and communicate effectively with title companies, branch managers, loan officers, and processors.

Be organized and be part of the Team. Must have flexible hours and be willing to work when work needs to be done. An ideal candidate takes their job seriously, is very organized and detail oriented, has good computer and great customer service skills and enjoys working in a positive Team environment.

Principal Responsibilities

Include but are not limited to:

• Create accurate Closing Disclosures
• Obtain borrower, title company and Loan Officer approval
• Prepare and deliver on time closing package to settlement agent
• Order funds for closing
• Confirm funds receipt 24 hours before closing
• Field incoming calls and correspondence
• Enhance relationships with title companies, partners and clients
• Be responsible for duties as assigned
• Review and clear Compliance Alert (Mavent) fails/warnings
• Clear Funding conditions
• Complete closing instructions for settlement agent
• Ensure compliance with federal, state, and investor regulations and guidelines
• Monitor and meet daily/monthly funding goals and deadlines

Required Knowledge, Skills and Abilities:

• Experience with a variety of loan products (Conventional, FHA, VA, USDA, DPA’s)
• Experience and proficiency with Encompass Loan Origination System
• Strong understanding of TRID regulations, CD balancing, and loan documentation

Preferred Knowledge, Skills, and Abilities:

• Accurate data entry and good computer skills
• Strong communicator with interpersonal skills
• Strong collaboration and organizational skills
• Positive attitude
• Ability to work under pressure and meet strict deadlines
• Sound judgment skills and prudent deductive reasoning skills
• High levels of integrity and a strong work ethic
• Bi-lingual/Spanish speaking a plus but not required (please note on resume)

What We Offer :

• Competitive salary (please include salary requests with your application)
• Health, dental, and vision insurance available day 1
• Company paid Life insurance and Long-Term Disability Insurance
• 4010(k) Retirement Plan with Company Match
• Paid Time Off (PTO) + Paid Holidays
• Career growth opportunities and continuing education support
• Supportive, collaborative remote team culture

Job Type: Full-time

Location: Corporate office is located in Cincinnati. Position can be fully remote, in office (Cincinnati or Columbus) or hybrid (Cincinnati or Columbus).