Funder (FHA)
Tracking Code
27789
Job Description
The Funder is responsible for the timely and accurate processing, underwriting validation and closing of mortgage loans. Maintains effective communication with the member and Realtor. Reviews files for completeness and identifies critical missing information. Evaluates the degree and seriousness of data discrepancies to ensure loan meets guidelines.
Validates automated underwriting (DU) findings to ensure the loan meets the underwriting guidelines and all conditions for closing are met. Grants final approval on routine files within delegated authority. Prepares loan file for review by underwriting on complex files and files not approved by automated underwriting. Prepares legal documentation to meet Title Company, credit union and member requirements for funding. Handles routine to moderately complex loan files.
Required Skills
* Must have experience funding FHA, wholesale and conventional loans
* Knowledge of FNMA and FHLMC underwriting and secondary marketing guidelines
* Knowledge of Regulatory Compliance guidelines
* General knowledge of loan processing and closing guidelines
* Knowledge of Kinecta’s internal policies and programs
* A proficient in Microsoft Windows, Word, and Excel.
Required Experience
* High School or equivalent
* 2 - 3 Years relevant experience
Job Location
El Segundo, CA, US.
Position Type
Full-Time/Regular
Job Type
N/A
Tags: fha jobs, FHA Loan Processor Job, mortgage, mortgage jobs
