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We are looking for a detail-oriented Loan Funder to join a lending team in Sherman Oaks, California on a contract basis with the potential for a permanent role. This position supports the closing and funding process by ensuring loan files are complete, accurate, and ready for disbursement. The ideal candidate brings strong mortgage operations experience, a careful approach to compliance, and the ability to work cross-functionally to keep funding timelines on track.
Job Responsibility
Review loan files to confirm all approval conditions, supporting documents, and funding prerequisites have been satisfied before release of funds
Examine closing packages for completeness and accuracy, including core loan and settlement documentation, and resolve issues that could delay funding
Partner with lending, operations, and finance teams to move loans through final stages efficiently while maintaining accuracy
Calculate and reconcile funding amounts by validating wire details, payoff data, and other disbursement figures
Prepare, authorize, and release outgoing wires for loan fundings and construction draw transactions in accordance with established controls
Maintain clear records of each funding transaction, ensuring documentation supports audit readiness and traceability
Escalate missing items, inconsistencies, or potential risk concerns prior to disbursement to protect loan quality and prevent errors
Submit completed funded files for post-closing review or investor delivery and update loan status information in applicable systems and logs
Follow company lending standards, fraud prevention practices, and federal and state regulatory requirements throughout the funding process
Requirements
3+ years of experience in loan funding, mortgage closing, mortgage processing, or a closely related lending operations role
Hands-on knowledge of mortgage closing documentation, loan origination workflows, and final funding procedures
Experience using Encompass and other loan operations systems to manage status updates and file activity
Strong ability to identify document discrepancies, reconcile figures, and verify accuracy under tight deadlines
Working understanding of compliance expectations, audit documentation, and lending regulations at the federal and state level
Effective communication skills with the ability to coordinate across multiple departments and external parties
High attention to detail, sound judgment, and the ability to manage multiple loans in a fast-paced environment