Mortgage Closer - Funder

Who we are:

Summit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders.  When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to be the biggest, but to strive to be the best.  Our growth mindset, positive culture, and history of stability are just a few things that position our company as a leader in the mortgage industry.

Benefits and Perks:

• Opportunity to further a career in a competitive, fast-paced growing industry where you can make a difference in people’s lives.
• Opportunity to earn competitive compensation.
• Full benefits include medical, dental, vision, 401K plus match, 11 paid holidays, paid time off, and more.
• Fun team atmosphere, professional development, and more.

The Funder position is very essential to making the borrowers’ closing experience pleasant and seamless. The primary focus is to exceed our client’s expectations and deliver exceptional service by closing on time and smoothly. This position is crucial in the development of strong, lasting client relationships by delivering speedy and accurate solutions to funding questions and concerns. Representing our company in a positive, professional and compassionate manner is essential and required by all funding personnel.

Starting pay ranges between $19 - 33/hr DOE.

This position reports out of the Sacramento Corporate Office but is offered as hybrid-remote or remote depending on experience and location.  Will be required to work a regular 8 work schedule Monday through Friday starting as early as 5am PST (6am MST/7am CST/8am EST) and as late as 5pm PST (6pm MST/7pm CST/8pm EST) plus work Overtime and Weekends as needed.

Duties include:

• Ensures that all loans meet guidelines for quality and regulatory compliance and investor closing standards are met.
• Maintains communication with customers, departments, closing agents, realtors, and builders to promote positive business relations and relate loan status.
• Establishes and maintains a thorough knowledge of all products and investor requirements to ensure quality closing packages and salability into the market.
• Performs verification that loans closed as scheduled.
• Reviews files prior to closing to verify that abstracts and/or title opinions are clear; forwards copies to all parties involved; reviews all surveys, termite inspections, final inspections, and verifies accuracy of closing conditions.
• Closes the loan; inputs information into computer, prepares additional documentation, balances account for closing, prepares package for closing agent and/or customer, and ensures timely recording of all documents and disbursement of all funds.
• Prepares and explains closing requirements to closing agent and/or customer.
• Protects bank collateral by reviewing and analyzing title work to verify that all liens are clear.
• Reviews and verifies executed closing packages to ensure all documents are signed appropriately and all fees are included with the package.
• Maintains knowledge of all mortgage and compliance policies and procedures.
• Completes all required paperwork and forms in an accurate and timely manner; prepares all required reports.
• Performs other duties as assigned.

• Two years of current or recent (within the last 12 months) experience in a Funding role with a mortgage lender
• Retail or wholesale experience preferred
• Experience with conventional and government loan programs (FHA, VA, USDA) required, Bond and NQM experience preferred.
• Working knowledge of Texas loans is a plus.
• Recent experience working in a retail direct lending environment preferred.  Experience with wholesale is a plus.
• Proficient in Microsoft Office, Outlook, Encompass 360 and Doc Magic or similar LOS
• Ability to work a full-time schedule, Monday through Friday between 6am and 6pm Pacific time, with overtime and weekends as needed.  
• The ability to be flexible and adjust your work schedule as needed
• Ability to communicate effectively with external and internal contacts including but not limited to:  Loan Officers, Processors, Account Executives, Underwriting and Post Closing Staff, Title, Escrow, Attorneys, etc.  
• Candidates within a 50-mile radius of our Sacramento Corporate office will be asked to work a hybrid work schedule, reporting Tuesdays and Thursdays in the office.  All other candidates will be asked to work a fully remote work schedule from home.

All your information will be kept confidential according to EEO guidelines.