JOB TITLE: Mortgage Funding Partner Department: Mortgage Lending FLSA Status: Non-Exempt WHY JOIN US? We are an Equal Opportunity/Affirmative Action Employer that celebrates our collective differences and encourages all …
Skills: Mortgage lending, Loan funding, TRID compliance, RESPA, TILA
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$23/hr–$33/hr
Full-time
associate degree, bachelor degree
Medical insurance, Dental insurance, Vision insurance, Paid time off, 401k plan, Employer match
Posted 3d ago
~40 hrs/week
Responsibilities
The Mortgage Funding Partner manages the closing and funding process for residential mortgage loans while ensuring strict compliance with regulatory requirements. They collaborate with internal and external stakeholders to resolve funding issues and ensure accurate disbursement of loan proceeds.
Requirements
Candidates must have at least three years of experience in mortgage loan funding and advanced knowledge of federal regulations like TRID, RESPA, and TILA. A minimum of two years of college or equivalent experience is required, with a bachelor's degree preferred.
Full job description
JOB TITLE: Mortgage Funding Partner
Department: Mortgage Lending
FLSA Status: Non-Exempt
WHY JOIN US?
We are an Equal Opportunity/Affirmative Action Employer that celebrates our collective differences and encourages all to apply, including those with different backgrounds, disability, ages, ethnicities, races, religions, gender identities, sexual orientations, national origins, or veteran status’ protected by applicable federal, state, or local law.
ABOUT THE ROLE:
We are looking for a Mortgage Funding Partner who is driven to make a positive impact on the employee and member experience. You are a strategic thinker with a bias for action. You have a relentless pursuit of excellence while bringing others along. You do not settle for mediocrity and are comfortable with challenging the status quo. If you’re always looking for more efficient and innovative ways of working, are thoughtful, intentional, and collaborative, we would love to talk to you!
The Mortgage Funding Partner will be responsible for managing and executing the closing and funding process for residential mortgage loans with precision and compliance. This position ensures the timely and accurate disbursement of loan proceeds, supports closing activities, and collaborates with internal and external stakeholders to deliver exceptional service and seamless loan funding experiences. This role is ideal for a detail-oriented professional with thorough knowledge of funding procedures, regulatory requirements, and a passion for excellence in mortgage lending operations. This is an exciting opportunity to bring forth new ideas and see those ideas come to life!
WHAT YOU WILL DO:
Prepare accurate and compliant Closing Disclosures for member review, ensuring adherence to TRID/KBYO requirements.
Coordinate closing details with internal teams, borrowers, and third-party vendors to ensure a seamless closing process.
Collaborate with underwriters, processors, and borrowers to clear outstanding conditions, resolve pre-funding issues, and ensure all prior-to-funding requirements are met before releasing funds.
Review and approve settlement statements, ensuring accuracy and compliance.
Responsible for reviewing and ensuring the accuracy of all loan packages—including post-closing document review while maintaining a quality control error rate of 5% or lower.
Monitor final loan terms to ensure alignment with the Loan Estimate and Closing Disclosure.
Review loan files for completeness and accuracy before initiating closing documents and the funding process.
Verify and ensure compliance of all documents, terms, and conditions with the approved loan package, investor guidelines, and regulatory requirements.
Prepare and review wire instructions, ensuring accuracy and compliance with security protocols.
Disburse funds accurately and timely to title companies, escrow agents, or other settlement parties.
Monitor and reconcile funding pipelines to ensure data accuracy and to meet daily funding goals and deadlines.
Ensure loan terms align with the final Closing Disclosure and Loan Estimate, resolving any discrepancies promptly.
Conduct final reviews of settlement statements and funding documents to ensure accuracy and compliance.
Serves as a backup for onboarding loans into the core operating system.
Identify and address errors or missing documentation before disbursing funds.
Maintain strict adherence to regulatory guidelines, including TRID, RESPA, TILA, and AML requirements.
Serve as the main point of contact for internal teams, title companies, escrow agents, and settlement partners regarding funding activities.
Provide timely and accurate updates to stakeholders on funding status.
Troubleshoot and resolve funding-related issues, ensuring minimal disruption to closing timelines.
Identify and recommend enhancements to procedures and workflows to improve efficiency and accuracy.
Assist in the development and implementation of training programs for team members on funding processes and best practices.
Stay up to date on industry trends, regulatory changes, and advancements in funding technology.
Maintain detailed and accurate records of funding activities, including wire confirmations, funding reconciliations, and compliance checks.
Ensure timely submission of post-closing documents to the loan file, investors, and other stakeholders.
Demonstrates commitment to SCU Values.
Maintain regular and punctual attendance.
Other duties as assigned.
WHAT YOU WILL BRING:
Basic Qualifications:
Two (2) years of college or equivalent experience.
Three (3)+ years’ experience in mortgage loan funding or a related role within the mortgage lending industry.
Advanced knowledge of TRID, RESPA, TILA, AML, and other relevant federal and state regulations.
Proficiency in reviewing and interpreting loan documents, settlement statements, and wire instructions.
Proficiency with Microsoft Office applications (Outlook, Word, Excel, PowerPoint, Visio) and loan origination systems.
Strong attention to detail and the ability to manage multiple funding files simultaneously.
Excellent problem-solving skills and the ability to resolve discrepancies quickly.
Strong communication and interpersonal skills for effective collaboration with internal and external stakeholders.
Ability to work independently and manage shifting priorities.
Strong digital literacy.
Preferred Qualifications:
Bachelor’s degree.
Financial Institution background.
Experience in investor-quality funding processes.
Familiarity with eClosing and digital funding platforms.
Proven ability to identify and implement process improvements.
Strong commitment to member service and delivering high-quality results.
Working Conditions:
This is a hybrid role with work performed remotely as well as in an office and/or branch environment in the Greater Seattle area of Washington State.
Team members may attend special off-hour meetings and seminars.
The nature of work may include prolonged periods sitting at a desk and working on a computer.
Benefits:
Seattle Credit Union supports and invests in our employees. We offer many great benefits, including low-cost medical contributions and zero contributions for dental and vision plans. Additionally, SCU offers a generous paid time off program and a 401k plan with a dollar-for-dollar employer match up to 5%.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skills and/or abilities required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
The compensation range may vary based on the candidate’s geographic location.
We’re Seattle’s credit union, and whether you’re a local or new to Seattle, we’re your partner in growth and prosperity. We’ve been part of Seattle since 1933, investing in our collective future, helping fuel the economy, and supporting our diverse communities through boom and bust. We’re here for the long haul, helping individuals and families thrive, and small businesses flourish.
Whether you’re saving for college or retirement, buying a home or a car, or ready to be a U.S. citizen, we’re here. We have a history of supporting underserved and low-income communities, believing inclusion improves and strengthens our city.
As a credit union member, your interest is our interest. We’re member-owned, and you elect our board of directors and supervisory committee, which in turn oversee our professional staff. Stop by any branch to learn about our competitive products, low fees, higher savings rates, and how our personalized service can help you with your financial strategy.
We’re proud of our northwest roots, and we’ll continue to seed your hopes and dreams with the ideal of helping the entire Puget Sound region prosper.
Federally insured by NCUA | Equal Housing Opportunity Lender
Offices: 1910 1st Ave S, Seattle, Washington 98134, US · 1604 S. Roberto Maestas Festival Street, Seattle, WA 98144, US · 14901 4th Ave SW, STE 107, Burien, Washington 98166, US · 722 3rd Ave, Seattle, Washington 98104, US · 19718 Hwy 99, Suite 101, Lynnwood, Washington 98036, US
How many Administrative jobs are open in Seattle, WA right now?
There are currently 1,724 open administrative positions in Seattle, WA listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Administrative roles in Seattle, WA?
Companies currently hiring include UW Medicine, PROVIDENCE MEDICAL INSTITUTE, Low Income Housing Institute (LIHI), Amazon, DESC (Downtown Emergency Service Center), among others. Browse the listings above to see every active employer.
Are there remote or hybrid Administrative jobs in Seattle, WA?
Yes — 337 of the 1724 open administrative positions offer remote or hybrid work (68 remote, 269 hybrid).
How do I apply for Administrative jobs in Seattle, WA?
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