Sr. Mortgage Loan Funder

Overview

Sr. Mortgage Loan Funder plays a critical role in supporting Mortgage Loan Originators (MLOs), particularly those in Private Banking MLO roles, by identifying solutions to complex loan scenarios and resolving issues that hinder loan progression.

Responsibilities

• Serve as a dedicated escalation and resolution point for MLOs facing challenges in structuring or progressing mortgage loans.
• Partner closely with Private Banking MLOs and seasoned originators to address high-touch or complex client needs.
• Troubleshoot issues related to loan eligibility, documentation, system errors, investor overlays, and guideline exceptions.
• Collaborate with underwriting, processing, closing and mortgage compliance teams to streamline workflows and remove bottlenecks.
• Develop and maintain a strong understanding of mortgage products, investor guidelines, and internal policies.
• Provide guidance on structuring unique or non-standard loan requests for high-net-worth clients.
• Monitor trends in issues or roadblocks to recommend systemic improvements or policy updates.
• Train and mentor newer MLOs on navigating internal processes and systems.
• Participate in new product rollouts, system enhancements, and process improvement initiatives as a liaison for the MLO voice.

Qualifications

• 5+ years of experience in residential mortgage lending, with deep knowledge of origination, and loan guidelines.
• Strong understanding of agency, non-agency, and jumbo loan products.
• Proven ability to solve problems creatively in a regulated environment.
• Experience supporting Private Banking or high-net-worth clients is strongly preferred.
• Exceptional communication and relationship-building skills.
• Ability to navigate internal systems and coordinate across departments.
• PREFERRED: Experience in a support role for mortgage sales or operation teams.
• Knowledge of investor-specific guidelines and exception handling.
• Familiarity with Encompass loan origination systems.

Compensation

The base pay range for this position is USD $34.00/Hr. - USD $44.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.