Who We Are
Join a team that puts its People First! As a member of First American’s family of companies, FirstFunding, operates as a non-depository (non-bank) company offering warehouse lending facilities. These facilities help provide necessary funding capability to non-delegated correspondent lenders, correspondent lenders, community banks and credit unions. First Funding services roughly 300 accounts currently and is growing! Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for nine consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.
What We Do
This position’s primary responsibility is to perform a detailed review and analysis of mortgage loan documents and system data to validate worthiness of residential loan warehouse financing advance via wire funds on individual loans within company mandated timeframes.
What You'll Do
- Use proprietary tools to perform comparative audit of loan data supplied by mortgage originator and decision on whether to accept or decline to advance loan file to wire funding team for warehouse advance funding processing.•
- Responsible for all actions and communications regarding loans in pipeline.
- Daily interaction with Senior Management regarding pipeline and reporting results.
- System process training for mortgage lender customers.
- Funding Assistant Key Functions as needed:
- Audit funding packages received from Fulfillment companies for completeness and accuracy
- Prepare and transmit wire advance requests to banking sources by wire deadlines
- Monitor banking sources for wire confirmations; resolve wire request stipulations
- Daily coordination and communication with Fulfillment companies and Lenders
- Prepare and transmit supplemental funding advance wires
- Process return wire requests
- Obtain purchase advices from Fulfillment companies and Lenders in a timely manner
- Reconcile loans in pipeline once wire and purchase advice is received; resolve any issues
- Telephone customer service support
- Administration Assistant Key Functions as needed:
- Provide general administrative, scheduling, vender management and general operational support to Director of Operations and, Director of Sales and Marketing and/or President/CEO including, but not necessarily limited to the following: Management of select vendors and supply chains necessary for regular operations, Coordination and reporting relating to customer-related contract agreements, Production and distribution of customer-related and other printed materials internally and externally, Travel schedule coordination, Customer account contact information maintenance, Customer performance report production using existing and/or proprietary software, Customer account audit
What You'll Bring
- Two years experience in loan processing, closing, funding or post-closing of residential mortgage loans
- Demonstrated time management skills and ability to perform tasks under deadlines
- Overall understanding of Mortgage Loan Life Cycle process and mortgage loan documents
- Extreme attention to detail and excellent analytical skills
- Excellent written and verbal communication skills
- Superior organizational skills
- Sound independent judgment
- Customer service skills
- Proficient in all MS Office applications
Salary Range: $22.80 - $30.38 Hourly
This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.
What We Offer
By choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First Culture celebrates diversity, equity and inclusion not simply because it’s the right thing to do, but also because it’s the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.
Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.