Funding Specialist at Miray Holdings

Strongsville, Ohio, United States -

Full Time

Start Date

Immediate

Expiry Date

12 Apr, 26

Salary

0.0

Posted On

12 Jan, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Microsoft Office, Excel, Communication Skills, Organizational Skills, Detail-Oriented, Judgment, Teamwork, Independence, Math Skills, Residential Mortgage Knowledge, Title Experience, Escrow Experience, Fast-Paced Environment

Industry

Description

Job Details Job Location: Strongsville OH - Strongsville, OH 44136 Job Category: Accounting The Funding Specialist is responsible for calculating the determined wire amounts for each individual loan closing and obtaining those funds from the appropriate warehouse bank. In addition to wiring the funds, the appropriate collateral documentation will be obtained and shipped to the specific warehouse lender. At UHM, we understand diversity comes in many different forms. It’s our commitment to improve inclusion in the workplace through programs and policies that establish a positive and inclusive environment where every Partner, regardless of their background, can grow and excel. We value diversity, educate on equity, and create inclusive partner opportunities to ensure that you know #UBelongAtUHM! DUTIES & RESPONSIBILITIES Work closely with Closers & Warehouse Banks to ensure loans are funded in a timely manner Review signed loan documents to maintain compliance with federal, state, and local laws, as well as UHM policies and procedures Detailed communication with Union Home Partners regarding loans and the associated funding transactions. Calculate the appropriate wire amount based on the fees and other information provided in the closing package. Initiate funding request Register M.I.N. numbers for all closed loans (Retail and Wholesale) Retrieve purchase schedules from individual investors and load them into the L.O.S. system and export to the appropriate warehouse bank for removal from the revolving lines of credit. Daily balancing of each warehouse line of credit to ensure the appropriate balance is reflected. Reconcile loans that have not been funded and retrieve funds from the closing agent Follow up with closing/escrow agent on closing packages to make sure they are delivered in a timely manner Scanning and shipping of collateral documents to a designated warehouse bank Monthly retrieval of warehouse details for the month-end close process by the Accounting department. Qualifications EDUCATION & EXPERIENCE High school diploma or equivalent 1-3 years of related experience is preferred PREFERRED SKILLS Knowledge of residential mortgage documents Title and Escrow experience High school/ college level math Willing to be flexible, occasionally working early mornings, evenings, or weekend days SKILLS REQUIRED Expert with Microsoft Office software including basic Excel skills Ability to work in a fast-paced environment Good judgment and ability to meet deadlines Demonstrated written and oral communication skills Ability to work independently or as a team Ability to work well with all levels of internal management, as well as clients and vendors Strong organizational and detail-oriented skills This employer participates in E-Verify. If hired, the employer will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. Union Home Mortgage Corp. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws

Responsibilities

The Funding Specialist calculates wire amounts for loan closings and obtains funds from warehouse banks. They also ensure compliance with laws and UHM policies while managing communication with partners regarding funding transactions.