Mortgage Funder / Insurer at Texana Bank National Association in southlake, Texas

Job Description:

Responsible for the funding of and insuring process for all applicable residential loans. Must have a solid knowledge of fundamentals of mortgage; coordinate with title companies, government agencies, and branches to address any questions or resolve any issues to ensure loans are funded and insured in a timely manner. Requires in depth knowledge of government insuring processes and, reviewing product specific, knowledge of state specific signatory requirements.

ESSENTIAL FUNCTIONS:

• Demonstrates core values and guiding principles as outlined in the Bank's identity statement.
• Ensures that all activities and work functions comply with compliance requirements as are defined in company policies and procedures and state/federal laws and regulations.
• Confirms closings and retrieves and reviews all relevant documents from the settlement agent for completeness and accuracy
• Calculates funding amounts and arranges for wires or other funding to be issued in a timely manner.
• Authorizes the release of funds when all conditions are met to satisfy the bank's lien as well as compliance with any regulatory matters applicable
• Ensure timely payment of all insuring premiums for loan guarantees to private and/or government insuring authorities
• Ensure timely retrieval of insuring documents from said authorities
• Works with authorities to resolve any issues in ensuring guarantees as applicable
• Must have working knowledge of various investor guidelines and current regulatory guidelines such as RESPA, MDIA, TILA and TRID.
• Performs quality review of file to ensure accuracy and preaudits the file before shipping to investors
• Ensure all funding conditions are satisfied
• Review executed documents for completeness
• Maintain real time loan status within LOS
• Communicate details with title companies, vendors, and internal staff throughout the process
• Assist with investor conditions and post-closing functions
• Coordinates with the title company and Loan Officer to issue the Mortgage loan proceeds and fund the loan to the title company.
• Work closely with Post Closing to decrease the amount of post-closing exceptions
• Ensures confidentiality of bank and customer information
• Performs other duties as assigned

• High school diploma or equivalent.
• 3+ years relevant experience
• Thorough knowledge of mortgage lending guidelines and regulations (FHA, VA, Conventional)
• Thorough knowledge of title/ownership documentation records
• Encompass experience preferred.
• Excellent communication skills (oral and written).
• Excellent computer skills in a Windows environment.
• Ability to meet deadlines and handle stress.
• Ability to Multi-task.
• Self-Motivated and Detail Oriented.
• Ability to work well with others.

-EOE M/F/Disability/Veteran Employer

-Applicants and employees notice of EEO rights are available in our office and online here: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf

-And the supplement: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf

-If you are an individual with disabilities who needs accommodation or you are having difficulty using our website to apply for employment, please contact Human Resources at 903-334-0969.