Funding Coordinator - In Office - Paramus, NJ

Posted Yesterday
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Paramus, NJ, USA
In-Office
43K-48K Annually
Entry level
Financial Services
The Role
Coordinates loan funding activities across internal teams, accounting, warehouse banks, title companies, and external partners. Prepares wire requests, assigns and monitors HELOC loans, obtains closing packages, uploads documents to ICE, manages the funding inbox, maintains organized loan logs, and reviews reconciliation data. The role requires strong communication, prioritization, multitasking, attention to detail, and proficiency with Excel and Outlook. It is an in-office position with extended month-end hours.
Summary Generated by Built In
Company Description

At Longbridge, we love seniors and we’re passionate about helping them unlock the power of one of their greatest assets—their home equity.

As a leading provider of home equity solutions for seniors, we’re committed to helping older homeowners make the most of what they’ve worked hard to build, so they can live the retirement they imagined.

And we don’t just do it well, we do it really well. With an “Excellent” rating on Trustpilot and over a thousand customer testimonials, we’ve earned a reputation for making it easy and stress-free to access home equity—with guidance every step of the way.

But it’s not just our customers who love us—our team does, too! We’ve been named a Great Place to Work® three years in a row because we believe that when people enjoy what they do and where they do it, everyone wins.

Why Longbridge?

At Longbridge, we don’t just offer jobs, we offer careers that grow with you. Here’s why you’ll love being part of our team:

  • Grow With Us – We’re big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from within—because when you succeed, we all do.
  • A Culture That Clicks – We work hard, but we have fun doing it! Whether it’s team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like “just work.”
  • Benefits That Have Your Back – We’ve got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers.

If you’re looking for a place where your work truly makes a difference, we’d love to have you on board. Apply today and let’s do great things together!

 

Job Description

The Funding Coordinator plays a pivotal role in ensuring loans are promptly received and assigned to a Funding Specialist in a timely manner for review. They will be responsible to effectively and efficiently communicate and coordinate with multiple internal and external parties to ensure loans are funded as scheduled across multiple channels and products.

Primary Job Duties:

  • Prepare and submit daily wire requests to accounting department for loan fundings
  • Coordinate and communicate daily fundings directly with accounting department and warehouse banks for HELOC loans
  • Assign and monitor HELOC loans scheduled to fund to ensure timely review and escalate issues to management as needed
  • Communicate with title companies and partners to obtain closing packages in a timely manner for multiple channels and products
  • Assign files to a Funding Specialist based on priority, product, channel, and availability etc
  • Communicate with management of any potential delays that could result in files not being funded or purchased as scheduled
  • Receipt in new loans and upload documents to ICE for indexing
  • Manage Funding Department inbox including answering general funding questions, looping in assigned Funding Specialist, and escalating to management when necessary
  • Maintain thorough and organized logs of loan files
  • Review daily Funding Reconciliation Log to maintain data integrity

 

 

Qualifications

Required Knowledge and Experience:

  • Attention to detail, self-motivated, takes initiative
  • Excellent verbal and written communication skills
  • Strong time management and prioritization skills
  • Ability to multitask and work well under pressure
  • Elevated level of integrity and trust
  • Proficient in MS Office Excel, MS Outlook, and the ability to learn new software
  • Detail-oriented individual with good organizational ability
  • This position is in office, reporting to our Paramus, NJ location
  • Hours are 8:30-5:00 PM EST, with extended hours required during month end

Additional Information

  • Working in a growing and dynamic industry
  • Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
  • 401(k) with company match
  • Paid time off
  • This is a non-exempt role
  • Target base salary range is 43K- 48K which is based on various factors including skills and work experience.
  • In addition to base salary, this role is eligible for a competitive additional compensation program via monthly production bonus that is based on individual performance.
  • LBF is an EEO/AA/Vet/Disabled Employer
  • Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.

 

Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.). To learn more about our privacy practices, please review our company Privacy Notice.

 

 

 

 

Skills Required

  • Strong attention to detail, self-motivation, and initiative
  • Excellent verbal and written communication skills
  • Strong time management and prioritization skills
  • Ability to multitask and work well under pressure
  • High level of integrity and trustworthiness
  • Proficiency in Microsoft Excel and Microsoft Outlook
  • Ability to learn new software
  • Good organizational ability
  • Ability to work in office at the Paramus, New Jersey location
  • Availability for extended hours during month-end
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The Company
HQ: Paramus, NJ
362 Employees
Year Founded: 2012

What We Do

REVERSE MORTGAGE A Reverse Mortgage can unlock the equity in your home for a more secure retirement. Longbridge Financial. LLC helps qualifying homeowners take some of the financial stress out of retirement by gaining immediate access to the home equity they have built up over the years. We do this through a Reverse Mortgage – more accurately now called a Home Equity Conversion Mortgage (HECM). The result is a retirement with more income, and no mortgage payments. Let us help you get more out of your home and retirement. Watch our short video at: www.longbridge-financial.com/what-is-a-reverse-mortgage-2 Visit us online at www.longbridge-financial.com. Or call 1-855-523-4326. NMLS# 957935 NMLS consumer access - http://nmlsconsumeraccess.org Longbridge Financial is a proud Equal Housing Opportunity Lender. Privacy Policy: https://longbridge-financial.com/privacy-policy/ Longbridge is a Licensed Mortgage Banker in the State of New York, but this site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the State of New York will be accepted through this site. Any information submitted through this page, including complaints or personal information, is subject to the privacy and security policies of the operator of this social media website, which policies are not under Longbridge Financial, LLC’s control. In sending any content through this page, you assume all risks and responsibilities related to the security, privacy, and confidentiality thereof. This page may contain links to other third-party websites. When you click on these links you will leave this page and will be redirected to another site. These links are provided as a convenience and do not imply endorsement or approval by Longbridge Financial, LLC of any of these sites. Longbridge Financial, LLC does not control these sites and is not responsible for the content provided therein.

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