Funding Specialist (On-site)

Skip to main contentWe use cookies to make the safest and most effective website possible.Newrez LLC NMLS# 3013Also doing business as Shellpoint Mortgage Servicing1100 Virginia Drive, Suite 125Fort Washington PA 19034For licensing information, go to:www.nmlsconsumeraccess.org Newrez NMLS Consumer AccessDoing business as Newrez Mortgage in the states of Arkansas and Texas.  Website approval pending with the New York Department of Financial Services.Disclosures:Licensing & Disclosure InformationTerms & ConditionsPrivacy PolicyWebsite AccessibilityNewrez Fee Schedule NoticeServicing Legal DisclosureCA Privacy PolicyDo Not Sell My Personal Information - CA ResidentsRead Full Privacy MessageDeclineAccept CookiesJoin UsSign InFunding Specialist (On-site) page is loadedFunding Specialist (On-site)ApplylocationsPA, Langhornetime typeFull timeposted onPosted 30+ Days Agojob requisition idR9995Who We AreAt Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.POSITION SUMMARYThe Funding Specialist is responsible for preparing loan files for funding and coordinating with third parties to ensure loans are funded accurately and on time. This role reviews all documentation for completeness, validity, and compliance, facilitates monetary disbursements, and resolves funding-related issues while maintaining a high level of internal and external customer service.DESCRIPTIONFile Preparation & Funding ExecutionPrepare loan files for funding.Review all title requirements and recordable documents for accuracy, validity, and insurability.Release and/or set up wires for disbursement and print checks as required.Complete final funding processes including overnight checks, booking or posting wires and deposits, wire confirmations, and preparation of FFD paperwork.Vendor, Partner, and Customer CoordinationWork with vendors, attorneys, and partners to facilitate timely loan funding.Maintain correspondence with clients and borrowers to obtain corrections and trailing documents as needed.Communicate delays, exceptions, and issues to customers through review of exception reports.Monitoring, Reporting & Issue ResolutionReport discrepancies, shortages, funding errors, or issues immediately.Follow up on daily deposits, delayed fundings, escalations, funding issues, funding exceptions, stale checks, and file balances.Assist with file balances and resolution of stale checks.Post-Funding & Compliance SupportPerform RDC deposits and Positive Pay activities.Mail payments, scan documents, follow up on tax payments, and handle remittance corrections.Maintain compliance with wire and check policies.Assist with post-closing, recording, and policy issuance as necessary.Qualifications and Education Requirements High school diploma or equivalent required.Minimum of 2 years of experience in a title, mortgage, or financial services company required.Detail-oriented with strong organizational skills.Ability to work under pressure and meet deadlines while maintaining a positive attitude and exemplary customer service.Ability to work independently and complete assignments within established guidelines and standard practices.Working knowledge of Windows-based applications, including Microsoft Word, Excel, Outlook, and Internet-based tools.Skills, Abilities, and KnowledgeStrong problem-solving and clerical perception skills.Ability to manage multiple tasks with accuracy and efficiency.Proficiency with computer...