Job Description
Job Description
About the Role :
A Funding Specialist in a title company plays a crucial role in ensuring the accurate and timely disbursement of funds during real estate transactions. This position demands meticulous attention to detail, strong organizational skills, and a solid understanding of real estate closing procedures and regulations
Minimum Qualifications :
- Strong attention to detail and ability to work with a high degree of precision.
- Excellent verbal and written communication and interpersonal skills.
- Strong analytical and problem-solving skills.
- Exceptional customer service skills.
- Ability to work collaboratively in a team-oriented environment.
- Strong organizational and time management skills, including the ability to multitask and prioritize effectively.
- Adaptability and flexibility to handle changing priorities and learn new technologies quickly.
- Minimum of two to three years of experience in loan closing, funding, or related title company settlement agent experience
Preferred Qualifications :
Proficiency in escrow management software and closing platforms, with familiarity with ResWare software preferred.Strong computer skills, including proficiency in Microsoft Office applications such as Word, Excel, and Outlook.Experience working with loan originators, processors, title companies, and settlement agents is ideal.Responsibilities :
Reviewing & Managing Loan Files : This includes meticulous examination of funded loan files to verify fees, closing conditions, and accuracy of calculations. They ensure all documentation adheres to company policies and relevant laws.Disbursement of Funds : The specialist coordinates and executes the disbursement of all funds, including mortgages, taxes, insurance, recording fees, and other payments associated with the real estate transaction. This involves confirming correct wire instructions and check remittances, ensuring compliance with lender instructions and escrow requirements.Communication & Coordination : Building relationships and communicating effectively with lenders, real estate agents, clients, and internal teams is crucial. They gather necessary documentation, address discrepancies, and ensure a seamless closing process.Managing Deadlines & Workload : They manage a high volume of transactions, prioritizing tasks, and meeting deadlines in a fast-paced environment.Recordkeeping & Compliance : Maintaining accurate records of all funding-related information and documentation is essential. They ensure all duties are performed in accordance with company policies and relevant state and federal regulations.Problem Resolution & Escalation : Addressing and resolving any funding-related issues, such as account disputes or unresolved closures, is part of their job. They escalate problems to management when necessarySkills :
The funding specialist thrives on attention to detail, exceptional communication, strong organization, and the ability to navigate technical and analytical aspects of real estate transactions