Funding Manager Mortgage Warehouse
NewBe an early applicantKey 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 escalate 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.