Mortgage Loan Funding Manager manages a team that ensures mortgage loans are processed, filed, and disbursed accordingly. Evaluates files for accuracy and completion. Being a Mortgage Loan Funding Manager develops procedures to ensure compliance with regulations. Monitors funding operations and provides recommendations for improvement to top management. Additionally, Mortgage Loan Funding Manager requires a high school diploma or its equivalent. Typically reports to a manager or head of a unit/department. The Mortgage Loan Funding Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Mortgage Loan Funding Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
Summit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders. When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to be the biggest, but to strive to be the best. In 2022 we were proud to play a part in making the dream of homeownership a reality for over 10,000 people. Our growth mindset, positive culture, and history of stability are just a few things that position our company as a leader in the mortgage industry.
Benefits and Perks:
At the core of Summit Funding’s values is a partnership. We partner with communities, our home buyers, our referral partners, and our employees, and we’d love to explore partnering with you as a celebrated addition to our team of successful Mortgage Loan officers.
The strength and success of our partnerships are evidenced in our ranking year after year as a top 50 national mortgage lender. It is our job to make sure you succeed. You will have direct access to Leadership, highly skilled trainers, coaching, a cutting-edge marketing team, top-of-the-line technology and recruiting support, in-house processing, superior underwriting, and closing teams along with additional knowledgeable support staff to help you grow your business.
What our Loan Officers are responsible for:
Summit Funding's compensation structure provides you the opportunity to earn based on your performance.
Depending on experience and location Summit Funding Loan Officers may be classified as outside sales exempt employees and are paid 100% commissions on the loans originated and closed, or non-exempt employees and are paid minimum wage as a factor of commissions on the loans originated and closed. The commission rate ranges between 50 to 150 basis points per loan depending on position, experience, and location.
All your information will be kept confidential according to EEO guidelines.